How many times you use up and replace your supplies in a period
Cost of Goods Used / Average Inventory Value
High turnover means you don’t keep too much stuff sitting idle.
Order just enough. Stop stocking slow-moving supplies. Negotiate delivery times.
Aim for 4-6x a year or more.
While we don't track this specific metric yet, Caretrics monitors dozens of related KPIs automatically—no spreadsheets required.