Example of calculating the speed of sales of goods
Posted: Sun Dec 22, 2024 7:56 am
We will study how to calculate the speed of product sales from the first report to the finished table using the example of a retail store.
Initial data:
Format: economy.
Traffic: 250 people/day.
Average daily revenue: 70,000 ₽.
After six months of work of the saudi arabia mobile number new calendar year, the senior seller made a report on groceries for the period. Looking at it, it becomes clear that the types of crackers are in different demand. Since their cost fluctuates from 40 to 50 rubles per pack, and they take up a lot of space on the shelves, the store owner decided to review the range of these products in order to understand what to refuse and what to buy in larger quantities.
It is necessary to calculate and analyze the turnover, which shows the speed of getting the product from the store warehouse into the hands of the consumer. The faster the product is sold, the sooner the money will return to the entrepreneur to purchase a new batch. This is the turnover of products. If sales of goods are going very badly, this means inefficient use of funds, since there are no free funds, the warehouse is full, and there is no revenue or profit.
The calculation of product turnover is carried out:
in days – how long the product is sold for;
in times – how many times per month the product turns over and repays the investment.
Below are the formulas for calculating the indicator:
Product turnover in times = Sales volume / Average inventory.
Inventory turnover in days = Average inventory * (Number of days / Sales volume).
Average inventory for the period = ((TI1 / 2) + TI2 + ... + (TIn / 2) / (n – 1),
Where:
ТЗ – average inventory for the period, rub.;
ТЗ1, ТЗ2, ... ТЗn – the amount of inventory on individual dates of the period, rubles;
n – the number of dates used in the calculation.
How to calculate the speed of sales of a product? To do this, you need to go through all the steps listed below.
Initial data:
Format: economy.
Traffic: 250 people/day.
Average daily revenue: 70,000 ₽.
After six months of work of the saudi arabia mobile number new calendar year, the senior seller made a report on groceries for the period. Looking at it, it becomes clear that the types of crackers are in different demand. Since their cost fluctuates from 40 to 50 rubles per pack, and they take up a lot of space on the shelves, the store owner decided to review the range of these products in order to understand what to refuse and what to buy in larger quantities.
It is necessary to calculate and analyze the turnover, which shows the speed of getting the product from the store warehouse into the hands of the consumer. The faster the product is sold, the sooner the money will return to the entrepreneur to purchase a new batch. This is the turnover of products. If sales of goods are going very badly, this means inefficient use of funds, since there are no free funds, the warehouse is full, and there is no revenue or profit.
The calculation of product turnover is carried out:
in days – how long the product is sold for;
in times – how many times per month the product turns over and repays the investment.
Below are the formulas for calculating the indicator:
Product turnover in times = Sales volume / Average inventory.
Inventory turnover in days = Average inventory * (Number of days / Sales volume).
Average inventory for the period = ((TI1 / 2) + TI2 + ... + (TIn / 2) / (n – 1),
Where:
ТЗ – average inventory for the period, rub.;
ТЗ1, ТЗ2, ... ТЗn – the amount of inventory on individual dates of the period, rubles;
n – the number of dates used in the calculation.
How to calculate the speed of sales of a product? To do this, you need to go through all the steps listed below.