You're doing the calculation correctly, but your numbers do not agree with their 2013 financial statements. Are you calculating inventory turnover for a different year? If so, that would explain the discrepancy.

If you want the numbers straight from the SEC, search for Dollar General on http://edgar.sec.gov/edgar/searchedgar/c... Select the first company, then click on the link for their 10-K.

If you're looking for the most recent year, here's a direct link to their 2013 financial statements. The part you're interested in starts around page 50. http://edgar.sec.gov/Archives/edgar/data...

You are doing it correctly.

http://www.investopedia.com/exam-guide/c...

i am trying to calculate inventory turnover for dollar general. I looked at their most recent financial statements on their annual report and calculated inventory turn by taking cogs (4741.8) and dividing it by average inventory (971.7+867.4/2) and i am getting 5.6. But everytime i check other websites for the ratio, they all get a lower number. Am i calculating it wrong?