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Glossary Logistics / Term

Total Inventory Days of Supply

Total gross value of inventory at standard cost before reserves for excess and obsolescence. Includes only inventory that is on the books and currently owned by the business entity. Future liabilities such as consignments from suppliers are not included.

Calculation: [5 Point Annual Average Gross Inventory] / [Cost of Good Sold/365].

Permanent link Total Inventory Days of Supply - Creation date 2021-12-06


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