Inventory Value Report

Analyze the value of your items to see how much your on-hand inventory is worth. This report includes the cost, quantity, and value of all stock items and raw goods.

The Inventory Value Report shows only the current value. Historical values cannot be retrieved. If you need a year-end inventory valuation, you must retrieve this information on December 31st.

Table of Contents

Run the Report

From BackOffice, run the Inventory Value report for an overview of on-hand stock item and raw good values.

  1. In BackOffice, click 'Analytics' and select 'Value'.
    Click to Enlarge
  2. (optional) Click to toggle between viewing the value of Stock Items or Raw Goods.

Read the Report

Learn to read the Inventory Value report so you can quickly find your overall inventory value or even the value of specific items.

Only stock items with their quantity tracked are reflected on the report. Untracked items do not appear in the report’s calculations.

Summary

The Summary provides the total value of stock items and raw goods.

***Value is the Cost of a Stock Item or Raw Good times its Quantity. By default, the cost of basic items & items with variants is a weighted average. To use last cost instead, follow these steps to disable weighted average cost.

Total value of stock items
Combined value of all basic stock items.

Total value of items with variants
Combined value of all items with variants.

Total value of raw goods
Combined value of all raw goods. This is based on the last cost entered, not a weighted average.

Total value of inventory
Combined value of all basic stock items, items with variants, and raw goods.

If your inventory value looks off, visit our Analytics Troubleshooting guide for help.

Details

Under the Summary, the Details section provides an item-by-item look at inventory value.

Click to Enlarge

Description
Name of the basic stock item, variant, or raw good.

Quantity on hand
Total quantity in stock.

Cost
How much the business pays to acquire the item.

Total
The Cost multiplied by Quantity on hand.

Each page of the report displays 100 items. Use the numbers at the bottom to navigate the pages.


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