Ending Inventory Calculator

What Is Ending Inventory?

Ending inventory is the dollar value of goods still on hand at the close of an accounting period. It appears on the balance sheet and directly affects cost of goods sold on the income statement.

Ending Inventory Formula

When COGS is known, ending inventory is calculated as:

$$\text{Ending Inventory} = (\text{Starting Inventory} + \text{Net Purchases}) - \text{COGS}$$

Inventory turnover measures how efficiently you sell stock:

$$\text{Inventory Turnover} = \frac{\text{COGS}}{\frac{\text{Starting Inventory} + \text{Ending Inventory}}{2}}$$

When to Use This Calculator

Use this tool when a physical count is impractical but you know starting inventory, purchases, and COGS. Pair it with our Cost of Goods Sold Calculator and Days Inventory Outstanding Calculator for a full inventory analysis.