| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Inventory (stock)
• Sales (sale_management) • Discuss (mail) • Invoicing (account) |
| Lines of code | 659 |
| Technical Name |
inventory_turnover_analysis |
| License | AGPL-3 |
| Website | https://www.reliution.com/ |
| Versions | 15.0 16.0 17.0 18.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Inventory (stock)
• Sales (sale_management) • Discuss (mail) • Invoicing (account) |
| Lines of code | 659 |
| Technical Name |
inventory_turnover_analysis |
| License | AGPL-3 |
| Website | https://www.reliution.com/ |
| Versions | 15.0 16.0 17.0 18.0 |
Inventory Turnover Analysis
Easy turnover analysis with opening and closing stocks.
Why Inventory Turnover Analysis?
Let me first give you an overview of this module.
Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a
given period. Calculating inventory turnover can help businesses make better purchasing decisions.
Inventory ties up critical cash that could be otherwise used to generate profits. It is critical for a
company to analyze inventory turnover by product and determine how to move the inventory faster.
Overstocking is a nightmare for any business. Cash must be put to work where it can generate the most
profit and excessive inventory kills the ability to use the cash anywhere else in the business.
Preventing overstock situation is critical to business health.
So, our app will help analyze the turnover ratios for better business decisions.
You might have not thought of, but this minute feature is of great significance.
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Hot Features
Rapid Ratio Analysis
Streamlined turnover ratio analysis
Cash Conversion Catalyst
Efficiently convert inventory into cash
Demand Uncertainty Detector
Proactively identify demand uncertainty
Risk Mitigation Module
Mitigate risks associated with inventory holding
Buying Power Booster
Empower purchasing decisions with enhanced buying power
Excel Insights Exporter
Easily generate downloadable Excel reports for comprehensive insights
Detailed Features
Set Up
To begin with, have the Inventory Turnover Analysis Module downloaded in your system.For its proper
setup, go through the below steps.
Firstly, you need to install the Inventory Turnover Analysis App from Odoo Apps.
It's easy to locate, just search on the name, you can identify it with the inventory turnover icon.
Ta-da, you are ready to go!!
Apps >> Inventory Turnover Analysis >> Install
Work Flow
Go to inventory app, under reporting, you will find Inventory Turnover Analysis.
Apps >> Inventory >> Reporting >> Inventory Turnover Analysis
Once you click on that,
you will see a form view.
You will see the default data already present. It takes the default duration as current month.
The mandatory fields are the duration, warehouse and location. You need to select the
time period for which you want the records from the particular warehouse and location.
You can also use the product category and product fields to filter
your records.
Form >> Duration >> Warehouse >> Location
If you have selected any product category or products it will only list out those products
in the tree view. But if you haven't selected any of the two, it will list out all the
products for the mentioned duration for that warehouse location.
Click on the refresh button everytime you want the updated
information.
Form >> Refresh
Not to miss out, you can see a zero movement boolean on the
left. If you uncheck that it will only show products with movements.
You will see the list of products with their category, opening stock, closing stock, average
stock, sale and turnover ratio for the mentioned duration of that particular warehouse location.
Isn't that amazing?
You can also see the
Total Opening Stock and Total Closing Stock
at the top.
You can checkout all movements for a particular product too.
Click on any product in
the tree view. A form view will pop up with product name, product category and product movements.
Now, that's something you wouldn't have expected.
Form >> stock movement list >> click any product
The most availing feature is still remaining. You can even
download this as excel report. On clicking the save button, you would see button on
the top i.e. Actions. Click the actions button and
select Inventory Turnover Analysis.
Form >> Save >> Actions >> Inventory Turnover Analysis
An excel report will be downloaded. It would look like this.....
This is something you can't miss out.
You can now easily analyze your stocks.
Now, you don't have to manually calculate the turnover ratios. Instead you can
use our app that does the same for you and saves you a lot of time.
To enjoy more updates like this, stay tuned with us.
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