Days of Inventory on Hand Calculator
Introduction & Importance
Days of inventory on hand (DOH) is a crucial metric in inventory management…
How to Use This Calculator
- Enter your current stock level in the ‘Stock’ field.
- Enter your daily sales in the ‘Sales (per day)’ field.
- Click ‘Calculate’.
Formula & Methodology
The formula for days of inventory on hand is:
DOH = Stock / Sales per day
Real-World Examples
Data & Statistics
| Industry | Average DOH |
|---|---|
| Retail | 12.5 |
Expert Tips
- Regularly review and adjust your DOH to optimize inventory levels.
- Consider seasonality and trends in your industry when setting DOH targets.
Interactive FAQ
What is a good DOH for my business?
It depends on your industry and business goals…
For more information, see the SBA’s guide to inventory management.