Inventory Variance Calculator
Your system says 10,000 units.
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Your system says 10,000 units.
A price rise, a cheaper supplier or a bigger sales month can all lift contribution margin, but they do not lift it for the same reason.
The wage is not the cost.
A hedge only earns its keep if it actually offsets the loss it was bought to cover.
The opening balance is the amount sitting in an account when a new period begins, and every reconciliation, budget and cash-flow statement starts from this single figure.
Your ending balance is what is left in an account after everything that happened during the period: the opening balance, plus deposits and interest, minus withdrawals and fees.
A closing balance is the amount left in an account at the end of a period: what you started with, plus everything that came in, minus everything that went out.
At year end, an owner’s capital account is a story with four moving parts: what was there at the start, what the owner put in, what the owner took out, and what the business earned or lost.
This calculator solves the periodic inventory system in both directions: give it a physical count and it backs into your cost of goods sold, or give it a COGS figure and it tells you what the shelves should hold.
Inventory turnover tells you how many times a business sells and replaces its stock in a period, and days sales of inventory (DSI) states the same fact as shelf time.