Stock Cover

The duration of time the current inventory will last given the sales rate. It's vital to know how long stock will last without replenishment.

Formula

Average Inventory / Daily Sales

Example

If you have 1460 units of stock and sell 10 units/day, the stock cover is 146 days.

Other Stock Levels & Turnover KPIs

• Average Age of Inventory
• Backorder Rate
• Inactive Inventory as Percentage of Inventory Value
• Inventory Days of Supply
• Inventory Turnover