Why it matters
Every taka of stock on the shelf is cash you cannot use. Turnover shows how hard your stock works. The quickest way to improve it is to stop reordering items that do not sell and to order fast sellers more often in smaller amounts.
How many times a year your stock sells through, how many days it sits on the shelf and how much cash it ties up.
Grocery shops often turn stock 8 to 15 times a year, pharmacies 6 to 10, electronics 4 to 6. Slower than that usually means items that are not selling.
Every taka of stock on the shelf is cash you cannot use. Turnover shows how hard your stock works. The quickest way to improve it is to stop reordering items that do not sell and to order fast sellers more often in smaller amounts.
Doing this every month?
Ovelit Stock works these numbers out from your real sales every morning: reorder points, what to buy, what is expiring and what is not selling. Free for one shop.
Start freeSaved in this browser only, nothing is uploaded. A plain-language starting point, not legal or tax advice.