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Inventory Turnover Average Value

edited Jan 3, 2020 12:25AM in Search / Reporting 3 comments

Hi,

I need to use inventory turnover report, we found average value formula is SUM(on hand value of the last day each month) / (months in period)

but I need to use (Beginning Inventory + Ending Inventory) /2 as the average value so that to report to my supervisor...

does anyone have the same question?

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