Inventory Turnover Benchmarks by Industry
Inventory turnover measures how many times inventory is sold and replaced over a year.
Formula: COGS ÷ Average Inventory
Apparel
Apparel & Fashion
4–6x per year
Seasonal, markdown-heavy, fashion cycles
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Grocery
Grocery & Supermarkets
14–20x per year
High volume, low margin, perishables
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Electronics
Consumer Electronics
6–10x per year
Tech cycle risk, price-comparable
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Furniture
Home & Furniture
2–4x per year
Long lead times, bulky inventory
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Beauty
Health & Beauty
6–10x per year
Trend-sensitive, private label opportunity
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Luxury
Luxury & Jewelry
1–3x per year
Low velocity, high ticket
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Sporting
Sporting Goods
3–5x per year
Seasonal, broad SKU base
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Home Improvement
Home Improvement
4–6x per year
Project-driven, large basket
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Toys
Toys & Games
3–5x per year
Holiday-concentrated, hit-driven
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Pet
Pet Supplies
6–9x per year
Subscription growth, consumables
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Auto Parts
Auto Parts & Accessories
3–5x per year
Long-tail SKUs, fitment data
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Office
Office Supplies
5–8x per year
B2B mix, commodity-heavy
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Department
Department Stores
3–5x per year
Broad assortment, mall-based
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Discount
Dollar & Discount Stores
8–12x per year
High turn, low ticket
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Footwear
Footwear
3–5x per year
Size matrix complexity, seasonal
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