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How should we do it with Magestore Retail Management Software?

What does the Inventory

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Value report include?

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  • MAC: Moving Average Cost of the product in all sources. This cost will be recalculated for a product each time the company receives that product from a PO.

  • Retail Price: The price on Magento of the product (price in default website).

  • Stock Value: The total value of the current quantities on hand.

    • Stock Value = Current MAC * Qty on Hand.

  • Potential Revenue: The estimated revenue you will earn after selling all current quantities on hand.

    • Potential Revenue = Retails Price * Qty on Hand.

  • Potential Profit: The estimated profit you will earn after selling all current quantities on hand.

    • Potential Profit = Potential Revenue - Stock Value.

  • Potential Margin: (Potential Profit/ Potential Revenue) * 100.

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