Inventory Turnover & Days on Hand
This lesson is part of the course
In this lesson
You measure how fast each stock category turns over, convert it into days on hand and find how much stock sits above a 30-day target.
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Lessons in this course
- Usage per Day & Par Levels Locked
- Reorder Quantities: Topping Up to Par Locked
- ABC by Value & XYZ by Demand Variability Locked
- Expiry Risk: Days to Expiry, Expected Usage & FEFO Locked
- Waste Cost & Expired Write-Offs Locked
- Inventory Turnover & Days on Hand Locked
- Stock-Outs, Fill Rates & Service Level Locked
- Controlled-Substance Count Reconciliation Locked