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Spare Parts Inventory Cost Calculator
Estimate the working capital tied up in spare parts inventory and the carrying cost (stora
Formula: annual_carrying_cost = avg_inventory_value_aed * carrying_cost_pct / 100; inventory_turns = annual_consumption_aed / max(avg_inventory_value_aed, 1); days_of_stock = 365 / max(annual_consumption_aed / max(avg_inventory_value_aed, 1), 0.01)
Estimate the working capital tied up in spare parts inventory and the carrying cost (storage, obsolescence, finance) per year.
Inputs
Results
Annual Carrying Cost
AED 55,000.00
Inventory Turns
3.2 x/year
Days of Stock On Hand
114.06 days
Warnings & checks
- ⚠Show warning when configured threshold is crossed
Recommended next actions
- →Review the result against your operational targets
Formula
annual_carrying_cost = avg_inventory_value_aed * carrying_cost_pct / 100; inventory_turns = annual_consumption_aed / max(avg_inventory_value_aed, 1); days_of_stock = 365 / max(annual_consumption_aed / max(avg_inventory_value_aed, 1), 0.01)Use for estimation. Verify safety-critical calculations with qualified review.