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Inventory Turns Report

edited Mar 23, 2021 10:53AM in Costing 1 comment

Content

Team,

In Inventory Turns Report, the 'Days sale of Inventory' formulae is '(start date - end date) / inventory turns' as per below document

https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/r13-2018-scm-inventory-wn.htm#F3293

This formulae is not matching the report output column data. 

As per our report data - 

Start Date: 1st Feb 2021

End Date: 23rd March 2021

Inventory Turns: 0.10

Days Sale Of Inventory: 486.80 ( not matching as per calculation )

Can you please confirm if above is correct formulae

Thanks,

Akancha 

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