New Report: Inventory Age

📊 New Report: Inventory Age

The Inventory Age Report is now available in Smart Visibility, giving clearer insight into how long products have been sitting in storage across locations.

Who can access this report

• The Inventory Age Report is included in the Performance plan
• All customers currently have access during the free trial period, so you can explore the report and its insights right away

What this report helps with

This report shows the average number of days inventory has been in stock, making it easier to:

• Identify slow-moving products
• Monitor inventory turnover
• Spot aging inventory before it becomes a problem

How Inventory Age is calculated

Inventory Age is calculated using a weighted average that considers both time and quantity:

• Each SKU’s days in stock are multiplied by the number of units on hand
• Those totals are added together
• The result is divided by the total number of units

This ensures products with higher quantities are accurately represented.

What’s included (and excluded)

Included:

• Active SKUs
• SKUs with inventory greater than zero
• All locations within the selected timeframe

Excluded:

• Today’s data (to ensure accuracy and consistency)

Summary cards at a glance

Alongside the chart, summary cards provide quick context:

• Average Age of Inventory – overall aging in days
• Active SKUs – products active during the selected timeframe
• Total Inventory Units – total units on the final day of the timeframe

Helpful details built in

• A built-in info panel explains what the report shows and how the numbers are calculated
• Timeframes can be adjusted to analyze trends over different periods
• Visual charts make it easy to spot patterns and outliers quickly - click inside the chart to unlock more details!

Where to find it

Navigate to: Reports → Inventory → Inventory Age