This stock aging calculator estimates how long your stock has been sitting, in days, and the cash tied up in it, so you can act on old stock before it becomes a loss.
Days of stock = value on hand divided by daily cost of goods sold. The longer stock sits, the longer your cash is frozen and the higher the risk of expiry, damage or obsolescence. Old stock is the first place to free up cash.
Every shilling sitting in stock is a shilling you cannot use elsewhere. Stock aging measures how long, on average, that cash stays frozen before it sells.
The longer stock sits, the more it risks expiry, damage or simply going out of fashion. Watching the average and acting on the oldest lines, through discounts or bundles, keeps your working capital moving instead of gathering dust.
Finally a tool that gets Kenyan tax rules right. Zero KRA rejections since using this.
Accurate and saves me hours every month. The breakdown is clear and my staff finally understand their deductions.
Exactly what I needed. Calculated costs before ordering and saved a fortune on import duties.
Very helpful. Only thing missing is export to CSV but overall excellent.
Used this tool? Share your experience and help other businesses.