How to calculate and optimize inventory turnover for ecommerce sellers

Inventory turnover is one of the most important ecommerce key performance indicators (KPIs). It is a good indicator of inventory management quality for ecommerce sellers.

In this video, we help you understand the basics of the inventory turnover ratio, how to calculate inventory turnover, why it matters, and how you can improve it. We work in helping a lot of Amazon and Shopify sellers get accurate COGS and inventory numbers so they can analysis ratios such as inventory turnover.

Need help with your ecommerce accounting and financials? Contact us here: https://ledgergurus.com/ecommerce-accountant/ecommerce-accounting-contact/

For more ecommerce KPIs in addition to inventory turnover, download our PDF "Preparing Early for an Ecommerce Exit: A Checklist of What to do now" https://ledgergurus.com/resources/downloads-2/preparing-early-for-an-ecommerce-exit-a-checklist-of-what-to-do-now/

Cost of Goods Sold (COGS) and inventory accounting articles:

"Cost of Goods Sold – A key Number for Ecommerce Businesses" - https://ledgergurus.com/cost-of-goods-sold-key-for-ecommerce/

"Accounting for Inventory Purchases; Ecommerce Accounting" - https://ledgergurus.com/accounting-for-inventory-purchases-ecommerce-accounting/

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