Most of a trading business’s money is sitting on its shelves. Knowing how much is the difference between healthy and overstocked.
Stock value is asked for at the worst moments: by a bank considering a limit, by an accountant closing a year, by yourself when cash is tight and the shelves are full. Counted by hand, it takes a Sunday and is out of date by Tuesday.
The method is the plain one: the quantity you hold multiplied by the cost carried on the item, totalled across the list. Because both numbers are already in the app — the count maintained by your billing, the cost by your purchases — the value is a report rather than an exercise, and it is current, which is what makes it useful for the decision in front of you rather than only for the audit.
So the count is a consequence of billing.
From the purchases bringing stock in.
What is held, and what it is worth.
Stop buying the lines that are not moving.
What you sell and how much of it you have. Stock moves as you bill and purchase rather than waiting for someone to update a register, and the items themselves carry the detail a bill needs: rate, tax slab, unit, and a code to scan.
Set the items up once and the rest of the app leans on them — the counter, the invoice, the order and every stock report read from the same list.
per counter / year
From Growth
What the count and the cost come from.
Quantity held multiplied by the cost carried on the item, added up across your items. Nothing is estimated or averaged beyond the cost the item already carries.
Yes — the count has to be maintained for the value to mean anything.
Yes, which is usually the more useful question than the total.
For a trading business it is usually the largest number in the books.
