Inventory Reports

An inventory report is an electronic or physical document to summarize the amount of current inventory a business has on hand. It includes numbers representing total inventory and other information about products to help with inventory management, tracking and categorization.

• Product Reports – A product report is a report that displays key data on the goods your business sells. It provides information on inventory, the inward and outward quantity.

• Ageing Stock Report – An aged stock report is that measures the average number of days inventory sits unsold. An aging inventory report is used to identify slower-moving SKUs and build strategies to increase the inventory turnover ratio and reduce dead stock.

• Negative Stock Report – This Negative Stock report displays a list of all stock items that have a negative quantity closing value balance at the end of a specified period.

• Compilation Stock Report Plays a major role  in the inventory report. It is helpful as it shows the Stock Inward, Outward, available Quantity and value of the stock.

• Closing Stock Value – Closing stock is the amount of inventory that a business still has on hand at the end of a reporting period. This includes raw materials, work-in-process, and finished goods inventory.

• Stock Forecast Report – Specifically, a stock forecast is a prediction of the future stock price of a publicly traded company over a certain amount of time.