Premium Report - Sales Velocity

Premium Report - Sales Velocity

Sales Velocity - Days of Inventory Available

Sales Velocity reports are used to see how quickly something has been selling so you can plan your inventory accordingly. 
‚Äč
As a Premium Report, this is available on all Paid Plans of Report Toaster. You can access it by logging in to your account and then signing up here at any time.




A few terms to be familiar with in order to understand Sales Velocity Reports


1.) Inventory available: The quantity of units you currently have in stock for a particular variant.

For example, if I have 5 of a particular T-shirt in stock in my warehouse, the Inventory available would read as 5. 

2.) Quantity: The units sold for a particular variant. This number does NOT factor in Returns (for that, replace the column with Net Quantity instead).

For example, if I sold 10 of a particular T-Shirt, the Quantity would display as 10.  

3.) Quantity Sold (Daily): The average number of units sold for a particular variant each day. This number is worked out based on the Quantity (above) divided by the number of Days in the Date Range (top right)

For example, if I sold 10 of a particular T-Shirt in a 30-day period, then the calculation would be 10/30 = 0.33  

4.) Sell Through Rate: The Sell Through Rate (STR) for a particular product/variant/vendor. This is worked out as a percentage by taking the Quantity Sold divided by (Inventory available + Quantity Sold) x100 

For example, if I sold 20 of a particular T-Shirt and I had 10 still in Stock, then the calculation would be 20 / (10+20) x 100 = 66.67% 

5.) Days of Inventory Available: This compares the Quantity Sold (Daily) with the Inventory available to determine how many days of stock you have left. 

For example, if my Quantity Sold (Daily) of a particular T-Shirt was 0.33 and I had Inventory available of 5 in Stock, then the calculation would be 5/0.33 = 15.   

Like all Report Toaster reports, these reports are fully customizable - so you can adjust the date range, add/remove columns, introduce a filter or change the sort to suit your individual needs. See our basic guides here for more info.

If you want to see your Inventory broken out by individual locations, check out our Stock Report here.
If you want to see your sell-through by product/variant/vendor, check out our Sell Through Reports
here

    • Related Articles

    • Premium Report - Sell Through Reports

      Sell Through Rate (By Product, By Variant, By Vendor) Sell Through Reports are used to compare how much of something has been sold vs how much you have in stock. These reports all follow a very similar format - tracking your Sell Through Rate on a ...
    • Premium Report - Stock Report

      Stock Reports Stock Reports are used to compare how much of something has been sold vs how much you have in stock at each of your different locations. These reports follow a similar format to the Sell Through Reports, but the available quantity ...
    • What's New? - November 2022

      Another month and it's time for another update :) We've been busy lately working on a number of improvements for Report Toaster, one of which involve the ability to create new metrics that can combine data between two different types of Reports. The ...
    • Premium Report - Inventory Value by Location

      Inventory Value by Location Inventory Value Reports are used by merchants to see how much the amounts and value of their current stock. For merchants who store inventory at multiple locations however, sometimes it's important to see your stock on a ...
    • Premium Report - Dead Stock Products/Variants

      Dead Stock Products/Variants For merchants who are wanting to tidy up their inventory or perhaps work out which items to discount, Dead Stock reports are useful to see which items have not been selling over a given time period. This report follows a ...

     Suggestion Box

    Didn't find what you were looking for in our knowledge base? Click here to suggest an article, and we'll try to put something together for you.