Inventory Turns

Hello,
We are trying to find the best way to get the numbers to calculate
inventory turns for raw material, finished goods, and work in
process. Is any one willing to share the way they calculate their
inventory turns.
Thanks
Stephanie
It depends on how detailed you want to be.

Generally it would be calculated by dividing COS by average inventory.

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: sageary25 [mailto:sageary25@...]
Sent: Friday, May 09, 2003 2:53 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Inventory Turns


Hello,
We are trying to find the best way to get the numbers to calculate
inventory turns for raw material, finished goods, and work in
process. Is any one willing to share the way they calculate their
inventory turns.
Thanks
Stephanie



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Hi all,

I am fairly new to vantage, and wondered if anyone had a report that
calculated inventory turns. I am having trouble getting all items to
show on the report when there are no inventory transactions related
to a part number.

Thanks,

Dale Davis
Assistant Controller
J.M. Murray Center
we are working on one.
I also spoke with my cam about this system inadequacy.



Frank Zeigafuse

Innovative Office Products

General Manager

Direct Phone: 610-559-6369

Email: fzeigafuse@...



-----Original Message-----
From: dedavi01 [mailto:daled@...]
Sent: Thursday, June 24, 2004 11:01 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Inventory Turns


Hi all,

I am fairly new to vantage, and wondered if anyone had a report that
calculated inventory turns. I am having trouble getting all items to
show on the report when there are no inventory transactions related
to a part number.

Thanks,

Dale Davis
Assistant Controller
J.M. Murray Center



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



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