Premium Report - Sales Velocity
Sales Velocity - Days of Inventory Available
Sales Velocity reports are used to see how quickly something has been selling so you can plan your inventory accordingly.
A few terms to be familiar with in order to understand Sales Velocity Reports.
1.) Status, equal to, Active (FILTER): This filter ensures that only currently active products display in the report.
This prevents lots of draft products with 0 sales and 0 available from showing in the report.
**2.) Inventory available:**The quantity of units you currently have in stock for a particular product/variant/vendor.
**3.) Quantity:**The units sold for a particular product/variant/vendor. This number does NOT factor in Returns (for that, replace the column with Net Quantity instead).
**4.) Quantity Sold (Daily):**The average number of units sold for a particular variant each day.
This number is worked out based on the Quantity (above) divided by the number of Days in the Date Range (top right)
5.) Sell Through Rate: The Sell Through Rate (STR) for a particular product/variant/vendor.
This is worked out as a percentage by taking the Quantity Sold divided by (Inventory available + Quantity Sold) x100
**6.) Days of Inventory Available:**This compares the Quantity Sold (Daily) with the Inventory available to determine how many days of stock you have left.
Like all Report Toaster reports, these reports are fully customizable - so you can adjust the date range, add/remove columns, introduce a filter or change the sort to suit your individual needs. See our basic guides here for more info.