Excel Your DIO: Days Inventory Outstanding Simplified
In this tutorial, we will show you how to calculate DIO: Days Inventory Outstanding in Microsoft Excel. First, we will review what is needed for the DIP equation and then we will show you how to calculate DIO in Excel. This is a great video for anyone new to DIO and needing to calculate it in Microsoft Excel.
Check out our Blog entry for Excel Your DIO: Days Inventory Outstanding Simplified here:
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Excel Your DIO: Days Inventory Outstanding Simplified Time Stamps⌚
00:00 - Introduction to Excel Your DIO: Days Inventory Outstanding Simplified
00:27 - What is Needed to Calculate DIO in Excel
00:50 - Calculating Average Inventory in Excel
01:31 - Calculating DIO in Excel
02:10 - Conclusion for Excel Your DIO: Days Inventory Outstanding Simplified
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