There are no guarantees that working with an adviser will yield positive returns. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). All investing involves risk, including loss of principal. This is not an offer to buy or sell any security or interest. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. SmartAsset does not review the ongoing performance of any RIA/IAR, participate in the management of any user’s account by an RIA/IAR or provide advice regarding specific investments. SmartAsset’s services are limited to referring users to third party registered investment advisers and/or investment adviser representatives (“RIA/IARs”) that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. In this formula: Average inventory cost is the average valuation of your inventory at its present level. Securities and Exchange Commission as an investment adviser. To calculate your stock age, use the average age of inventory formula: average age of inventory (average inventory cost / cost of goods sold ) x 365 days. The ratio can be used to determine if there are excessive inventory levels compared to sales. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. The inventory turnover ratio formula is equal to the cost of goods sold divided by total or average inventory to show how many times inventory is turned or sold during a period.
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