1. Inventory Management
  2. Costs & Value

Value of Obsolete Stock

Money

This KPI measures the monetary value of stock that's no longer relevant or sellable. High values can indicate purchasing or forecasting inefficiencies.

Formula

Total Monetary Value of Items Considered Obsolete

Example

If items considered obsolete sum up to a value of $5,000, then the value of obsolete stock is $5,000.