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3 Other formulas that you can solve using the same Inputs

Business Gross Profit Margin when Revenue and Cost of Goods Sold are given
Gross Profit Margin=(Revenue-Cost of goods sold)/Revenue GO
Gross Profit Margin when Revenue and Cost of Goods Sold are given
Gross Profit Margin=(Revenue-Cost of goods sold)/Revenue GO
Inventory Turnover Ratio
Inventory Turnover Ratio=Cost of goods sold/Inventory GO

Beginning Inventory Formula

Beginning Inventory=Cost of goods sold-Purchases+Ending Inventory
More formulas
Free Cash Flow GO
Free Cash Flow to Firm GO
Break-Even Point GO
Contribution Margin per Unit GO
Acid Test Ratio GO
Target Inventory Investment GO
Weighted Average Cost of Capital GO
Total Inventory Cost GO
Return on capital employed GO
Solvency Ratio GO
Economic Order Quantity GO
Percentage off GO
Operating Expense Ratio GO
Estimate at completion GO
Diluted Earnings per Share GO
Days in Inventory GO
Debt Coverage Ratio GO
Dividends Per Share GO
Estimated Earnings GO
Preferred Stock GO
Retention Ratio GO

How to Calculate Beginning Inventory?

Beginning Inventory calculator uses Beginning Inventory=Cost of goods sold-Purchases+Ending Inventory to calculate the Beginning Inventory, Beginning inventory is the recorded cost of inventory in a company's accounting records at the start of an accounting period. Beginning Inventory and is denoted by BI symbol.

How to calculate Beginning Inventory using this online calculator? To use this online calculator for Beginning Inventory, enter Cost of goods sold (COGS), Purchases (P) and Ending Inventory (EI) and hit the calculate button. Here is how the Beginning Inventory calculation can be explained with given input values -> 5.583E+6 = 4875444-78354+785555.

FAQ

What is Beginning Inventory?
Beginning inventory is the recorded cost of inventory in a company's accounting records at the start of an accounting period and is represented as BI=COGS-P+EI or Beginning Inventory=Cost of goods sold-Purchases+Ending Inventory. The cost of goods sold are the direct costs attributable to the production of the goods sold by a company, Purchases are the things that can be acquired by the payment of money or its equivalent and Ending inventory is the value of goods available for sale at the end of the accounting period.
How to calculate Beginning Inventory?
Beginning inventory is the recorded cost of inventory in a company's accounting records at the start of an accounting period is calculated using Beginning Inventory=Cost of goods sold-Purchases+Ending Inventory. To calculate Beginning Inventory, you need Cost of goods sold (COGS), Purchases (P) and Ending Inventory (EI). With our tool, you need to enter the respective value for Cost of goods sold, Purchases and Ending Inventory and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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