Home / Inventory / Insurance costs as % of inventory costs

Insurance costs as % of inventory costs

Inventory[None]Percentage

Definition

Insurance accounts for a portion of the inventory costs. Since it is better to be safe than sorry, companies generally get the material insured. It generally works out to 1%.

Formula

Register or log in to view the calculation formula. Sign up or log in.

Tags

inventory, material, cost

Metadata

Category: Inventory · Added: May 17, 2026

No ratings yet
Comments (0)

Log in to rate and comment.

Be the first to comment on this KPI.