Jewelry inventory turnover.
High unit cost and broad assortment depth stretch inventory days past eight months.
Where the 1.5x median comes from
The 1.5x figure is the cross-firm median for jewelry as of 2026-06-20, derived from the RMA Annual Statement Studies bands. Top-quartile operators in this category clear 2.4x; the bottom quartile sits at 0.9x.
At the median, average inventory equals roughly 243 days of cost of goods sold. A business under bank-covenant review should compare its trailing-twelve-month ratio against this median first, then against the 2.4x top-quartile mark before setting a working-capital target.
Benchmark band
The band below plots a hypothetical 1.5x ratio against the industry axis. Colour bands flag whether a result is within fifteen percent of the median (caution), above it (healthy), or more than fifteen percent below it (risk).
Five-year trend
The jewelry median has moved from 1.4x in the earliest comparable year to 1.5x in the latest pull, a gradual lift of 0.1 turns.
How to use this number
- Pull trailing-twelve-month COGS and the matching average inventory balance from the GL.
- Compute your turnover with the calculator on the homepage. Select the Jewelry benchmark.
- If your ratio is below 1.5x by more than fifteen percent, start the playbook at diagnose low turnover.
- If you sit above 2.4x, confirm stock-out frequency before declaring victory. See high vs low turnover.