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What you need to know about Stock turns
What you need to know about Stock turns
Ruvisha Pillay avatar
Written by Ruvisha Pillay
Updated over 2 months ago

Stock turns is a measure of how many times you will sell your stock on hand value over the next 12 months. It can be seen as the inverse of Days of cover (also knows as Days on hand).

Days of cover = (Stock value / Demand value (avg 12 sales at cost)) * 30

Stock Turns = 365 / Days of cover

Information about stock turns is visible on the Dashboard on the Stock turns panel, as well as on an item's Inquiry screen on the Inventory position panel (you can view it by clicking on the โ€œโ„นโ€ next to the Stock on hand value). On the Stock turns dashboard panel, it is ranked from lowest to highest turns.

A good outcome for stock turns is that the projected stock turn at the end is more than the stock turn at the beginning.

This panel shows you the top 5 items with the highest weighted cover.

Weighted cover = (Days of cover / 365) * Stock value

You can drill-through to an individual item for further investigation by clicking on the Item code. You may also drill-through to the full list of items and their stock turn information by clicking on the total value. This value indicates the sum of the value of the top 5 items list.

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