Days Inventory Outstanding Calculator
DIO = (Average Inventory / Cost of Goods Sold) × 365. Measures how many days inventory sits in stock.
Formula
DIO = (Avg Inventory / COGS) × 365
Example
Inputs
- Average Inventory ($): 50000
- Cost of Goods Sold ($): 200000
DIO = 91.25 days
Frequently asked questions
What is DIO?
Average days inventory is held before being sold