You are using an unsupported browser. Please update your browser to the latest version on or before July 31, 2020.
close

Showing articles from Stock tag

In Stock Average Units per Day

Definition: This is the average number of units sold per day when the product was in stock. Note: Out-of-stock days are not included. Also needs a date filter to determine what date range we are taking an average of. Equation: Total amount sold / days in stock Example: This metric is used in a lot of other calculat…

In Stock Days

Definition: This is the total number of historic days in the selected date range filter in which the product was in stock. Note: For when the product was in stock. Used when there is a date filter. Equation: count distinct of days, where the product was in stock, if a product was out of stock at the end of the day, …

Stock Coverage Ratio

Definition: How many days of stock do you have in inventory TO how many units you expect to sell in the date period selected in the filter. (For every 1 unit I expect to sell, I have (stock_ratio_value) in inventory). Note: This uses the current units on hand in the equation. The average number of units sold per day …

Percent Days In Stock

Definition: This is the % of days the product was in stock in the time period chosen. Note: If you aggregate products this becomes the % of days at least 1 product in the category/brand was in stock Equation: unique in stock days/day count Example: % Days in stock can be looked upon if sales for a product weren't s…

Stock Coverage Ratio - Metrics

_Inventory Coverage Ratio Visual Aid_ [![][1]][1] [![][2]][2] [1]: https://downloads.intercomcdn.com/i/o/124470519/e064e16a9b0f54e6b0c2fea8/Slide1.JPG [2]: https://downloads.intercomcdn.com/i/o/124470482/30a540fff4889b38168cb4ec/Slide2.JPG

scroll to top icon