Inventory Turnover Puzzle

Calculate average inventory, inventory turnover and inventory days using cost of goods sold.

Accounting puzzle

Actions0
Solved0
Best score—

Loading accounting challenges…

Loading…

Instructions, device progress and accessibility

Choose difficulty and Practice or UTC Daily. Complete the accounting exercises, then check your answers. Hints and Undo mark a round as assisted. Scores stay on this device. No real financial records are used.

Local progress is checked when play begins.

How to play Inventory Turnover Puzzle

Calculate average inventory, inventory turnover and inventory days using cost of goods sold. The fictional accounting practice includes Easy, Normal and Hard difficulty and repeatable daily puzzles. Enter answers and use Check Answer to verify every field.

Worked example

Opening inventory $10,000 and ending inventory $14,000 give an average of $12,000. Annual COGS of $48,000 means turnover is 4 times and days inventory is 91.25 days.

Calculation rules and common mistakes

Inventory turnover uses the cost of goods sold, not sales revenue. For simplified annual exercises use 365 days divided by turnover and round days to two decimals.

Use the values stated in the question. Currency is in fictional US dollars unless noted. This game is for education, not financial or tax advice.

Frequently asked questions

What is inventory turnover?

Cost of goods sold divided by average inventory for the same period.

What does high inventory turnover mean?

It often means products move more quickly, but interpretation varies with industry and inventory availability.

Ctrl K