Public Formula Library

STORAGELIFE

Just for viewing purposes. You can store and calculate this formula only inside the application.

Formula name

STORAGELIFE

Description

Average storage time in days

Syntax

NumberDays = 360 / CALL("INVENTORYTURNOVER",FrequencyStockTurnover)

Notes

Calculating the average duration of storage material.
How many days a particular item is stored in the average.

Category / Subcategory

Business Administration / Preliminary costing

Creator

phaselbeck@brodmann.biz

Account

Free

Tags

formula storage materal life average duration days

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