1. Inventory Management
  2. Inventory Accuracy & Integrity

Rate of Inventory Items with Incorrect Stock Balances


Calculates the rate at which the recorded stock balance does not match the actual physical count. This helps identify potential issues with stock tracking or instances of shrinkage, enabling better inventory control and financial reporting.


(Number of Items with Incorrect Stock Balances / Total Items Checked) x 100


If 15 out of 300 items have an incorrect balance, the rate is 5%.