Month-end inventory snapshot
The Month-end inventory snapshot report displays the quantity of each product variant you had in stock at the end of each month.
For this report, Available inventory excludes:
- Committed inventory for orders pending fulfillment
- Incoming units that are a part of a transfer
Report data fields
For standardized terms used in this report, see Inventory Reports - Common Terms.
The following columns are in the Month-end inventory snapshot report:
Term | Description |
---|---|
Product title | The title of the product. |
Product ID | The unique identifier of the product, used to distinguish different products. |
Variant title | The title of the product variant. |
Variant SKU | The stock keeping unit identification code for the product variant option. |
Product vendor | The brand name to which the product inventory belongs. |
Location name | The specific location of the warehouse where the product is stored, such as the warehouse name or address. |
Cost | The cost per item value for the product variant option. |
Ending quantity | The trackable Available inventory quantity of a product variant at the end of the last day of the selected time period (might be a negative number). This excludes Incoming and Committed inventory. |
Total inventory value | The cost per item multiplied by the ending quantity amount for each product variant option. The sum of these values displays in the Summary row. |
Negative inventory numbers
A negative value may appear in the Ending quantity column of the Month-end inventory snapshot report for the following reasons:
- Inventory tracking is enabled and a variant is oversold
- When inventory tracking is enabled, and the number of orders in a day exceeds the starting inventory, a negative ending quantity may occur.
- For example: if the starting inventory is
5
and you receive8
orders during the day, the ending quantity will be-3
, indicating that3
units were oversold.
- Inventory tracking is not enabled
- When inventory tracking is turned off, the system sets the default quantity to
0
, and each order reduces the available quantity by1
. - For example: if a new product is added with a default inventory of
0
and you receive2
orders, the ending quantity will be-2
.
- When inventory tracking is turned off, the system sets the default quantity to