Back to the basics: there are three kinds of passive electronic components: Inductors, Capacitors and Resistors. An inductor can be easily built and many types of core and bobbin kits are available. However, characterizing one hypothetical coil you just made is quite tricky as its inductance will depend on the measurement frequency and DC bias current. That’s why [ChaN] designed the circuit shown above.
As you may guess, RF enthusiasts are more interested in the inductance vs frequency curve while power circuit designers prefer inductance vs load current (for a given frequency). The basic principle behind the circuit shown above is to load an inductor for repetitive short periods and visualizing the current curve with an oscilloscope connected to a sense resistor. When loading the inductor, the current curve will be composed of two consecutive slopes as at a given moment the coil’s core will be saturated. Measuring the slope coefficient then allows us to compute the corresponding inductance.
[Via Dangerous Prototypes]