{"id":434,"date":"2014-10-29T12:38:19","date_gmt":"2014-10-29T12:38:19","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sagemas\/?p=434"},"modified":"2025-04-28T10:42:52","modified_gmt":"2025-04-28T10:42:52","slug":"sage-100-inventory-turnover-report","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/","title":{"rendered":"Sage 100 – Inventory Turnover Report"},"content":{"rendered":"\n

Definition of Inventory Turnover goes as a ratio showing how many times a company’s inventory is sold and replaced over a period. The days in the period can then be divided by the inventory turnover formula to calculate the days it takes to sell the inventory on hand.<\/p>\n\n\n\n

Inventory Turnover Report is used to evaluate year-to-date inventory turnover. Analysing the high and low turnover items using the report can help to determine which items are overstocked (low turnover rate) and understocked (high turnover rate). This information enables you to adjust sales, pricing, and reordering strategies. Turnover is shown by item, warehouse, and inventory totals.<\/p>\n\n\n\n

New Stuff<\/span>:<\/span> <\/strong><\/em>Sage 100 \u2013 Purchase Control Maintenance
<\/a>
Navigation<\/strong><\/span><\/p>\n\n\n\n

The Inventory Turnover Report can be reached by navigating through the Report section in the Inventory Maintenance module<\/span><\/p>\n\n\n

\n
\"Report\"<\/a><\/figure><\/div>\n\n\n

You can enter a selection of item codes, product lines, primary vendor numbers, item descriptions, inventory cycles, warehouses, bin locations, annual turnover amounts, user-defined categories (if descriptions have been entered in Inventory Management Options), and user-defined fields (UDFs) to print. By entering these selections, you can obtain a list of items that allow you to identify pertinent information.<\/p>\n\n\n\n

Note:<\/strong> This report prints the item’s primary vendor information and does not include other vendors associated with the item<\/p>\n\n\n

\n
\"Information\"<\/a><\/figure><\/div>\n\n\n

By using the different combination of the selections, you can print the report just as we desire.<\/p>\n\n\n\n

Turnover Calculations<\/span><\/strong><\/p>\n\n\n\n

The Annual Turnover column on the Inventory Turnover Report is calculated as the number of inventory periods in the fiscal or calendar year multiplied by the amount in the Number of Turns YTD column, divided by the current period. If warehouse transfers are set to be tracked as issues in Inventory Management Options, all transfer quantities are included in the Quantity Issued YTD column and are used in the calculation of the Annual Turnover column.<\/p>\n\n\n\n

The amounts in the Number of Turns YTD column are calculated as follows:<\/p>\n\n\n\n

    \n
  1. If warehouse transfers are not set to be tracked as issues, the calculation is (Quantity Sold – Quantity Returned + Quantity Issued) \/ Average Inventory<\/span><\/li>\n\n\n\n
  2. If warehouse transfers are set to be tracked as issues, the calculation is (Quantity Sold – Quantity Returned + Quantity Issued \u2013 Quantity Transferred) \/ Average Inventory<\/span><\/li>\n<\/ol>\n\n\n\n

    For example, if period 3 was selected as the current period, you would have the following calculations:<\/p>\n\n\n\n

      \n
    1. Beginning Balance Period 1 + Change In Period 1 = Ending Balance Period 1<\/li>\n\n\n\n
    2. Beginning Balance Period1 + Change In Period 1 + Change In Period 2 = Ending Balance Period 2<\/li>\n\n\n\n
    3. Beginning Balance Period 1 + Change In Period 1 + Change In Period 2 + Change In Period 3 = Ending Balance Period 3<\/li>\n<\/ol>\n\n\n\n

      (Ending Balance Period 1 + Ending Balance Period 2 + Ending Balance Period 3) \/ 3 = Number of Turns YTD<\/p>\n\n\n\n

      Print Report<\/span><\/strong><\/p>\n\n\n\n

      After the creation of custom report according to your requirement, we process Print and get the desired report printed.<\/p>\n\n\n

      \n
      \"Information\"<\/a><\/figure><\/div>\n\n\n

      About Us<\/strong><\/span>
      Greytrix is a one-stop solution provider for Sage ERP and Sage CRM needs. We provide complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third-party add-on development and implementation expertise.<\/p>\n\n\n\n

      Greytrix<\/a> has some unique solutions of Sage 100 integration with Sage CRM<\/a>, and Salesforce.com <\/a> along with Sage 100 Migration from Sage 50 US, QuickBooks, Sage Business Vision, and Sage Business Works. We also offer best-in-class Sage 100 customization and development services <\/a>to Sage business partners, end users, and Sage PSG worldwide.<\/p>\n\n\n\n

      For more details on Sage 100 Services, please contact us at sage@greytrix.com<\/a>. We will be glad to assist you.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Definition of Inventory Turnover goes as a ratio showing how many times a company’s inventory is sold and replaced over a period. The days in the period can then be divided by the inventory turnover formula to calculate the days it takes to sell the inventory on hand. Inventory Turnover Report is used to evaluate\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[320,380,470],"class_list":["post-434","post","type-post","status-publish","format-standard","hentry","category-sage-mas-90200-erp","tag-inventory-turnover","tag-sage-100","tag-turnover-calculations"],"yoast_head":"\nInventory Turnover Report for Sage 100<\/title>\n<meta name=\"description\" content=\"To find the number of days needed to sell the current inventory, divide the number of days in the period by the inventory turnover formula.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inventory Turnover Report for Sage 100\" \/>\n<meta property=\"og:description\" content=\"To find the number of days needed to sell the current inventory, divide the number of days in the period by the inventory turnover formula.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/\" \/>\n<meta property=\"og:site_name\" content=\"GUMU\u2122 Integrations \u2013 Tips, Tricks and Components\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-29T12:38:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-28T10:42:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.greytrix.com\/blogs\/sagemas\/wp-content\/uploads\/2014\/10\/1-1.jpg\" \/>\n<meta name=\"author\" content=\"greysagemas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"greysagemas\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/\",\"url\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/\",\"name\":\"Inventory Turnover Report for Sage 100\",\"isPartOf\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/wp-content\/uploads\/2014\/10\/1-1.jpg\",\"datePublished\":\"2014-10-29T12:38:19+00:00\",\"dateModified\":\"2025-04-28T10:42:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/#\/schema\/person\/b57e6e3564a12ef62967850ae0416728\"},\"description\":\"To find the number of days needed to sell the current inventory, divide the number of days in the period by the inventory turnover formula.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/#primaryimage\",\"url\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/wp-content\/uploads\/2014\/10\/1-1.jpg\",\"contentUrl\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/wp-content\/uploads\/2014\/10\/1-1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/2014\/10\/29\/sage-100-inventory-turnover-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sage 100 – Inventory Turnover Report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/#website\",\"url\":\"https:\/\/www.greytrix.com\/blogs\/sagemas\/\",\"name\":\"GUMU\u2122 Integrations \u2013 Tips, Tricks and Components\",\"description\":\"Welcome to the GUMU\u2122 blog, your one-stop source to gain all the insights on seamless integration solutions for ERP and CRM systems. 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