Days of stock and “runs out on” date
Per variant: how many days the stock lasts and when it runs out. A bar with a marker shows your lead time. Returned goods do not count as sold.
How long will your stock last?
NorthProfit works out from your sales of the last 30, 60 and 90 days when a variant runs out and what your stock is worth. Stock from Shopify.
Connection status
The Shopify app is not yet published in the Shopify App Store; the release is pending. Existing installations keep working.
Days of stock, stock value and dead stock
Everything NorthProfit calculates for your stock today, per variant and with a source.
Stock value, estimated
Stock value at purchase and retail price, plus the value of dead stock and the revenue at risk: the revenue that would be missing over the next 30 days if a variant runs out before then, calculated with your past sales per day (based on the last 30, 60 and 90 days). All estimated; if a purchase price is missing, the value is marked provisional.
Status and filters
Filters for critical, low, healthy, overstock, dead stock and negative stock. You set the lead time, the safety factor and the thresholds yourself.
ABC classes
A are the variants behind the first 80 percent of your revenue, B the next 15 percent, C the last 5 percent. So you see where an empty shelf costs the most.
Stock correction with a log
If your count differs from what the shop reports, you correct the stock in NorthProfit with a note. Every change appears in the movement log.
Goods received and restocking
You book goods received from purchase documents as a stock movement. If goods are put back into stock after a Shopify refund, NorthProfit picks that up automatically.
Days of stock in three steps
You do not need a spreadsheet. NorthProfit calculates from stock and sales.
Connect your shop
Connect your Shopify shop. NorthProfit reads products, variants and stock. The Shopify app is not yet published in the Shopify App Store; the release is pending. Existing installations keep working.
Guided stepEnter purchase prices and lead time
Purchase prices come from Shopify where the shop provides them, otherwise you enter them in the row or by CSV. You set your lead time under Profit › Costs › Inventory.
One timeRead the days of stock
Filter by critical, low or dead stock and see per variant how many days the stock lasts.
Ongoing
What the inventory view does today and what it does not
NorthProfit reads stock from Shopify, one number per variant, as Shopify reports it. There is no stock sync for WooCommerce, Shopware, eBay and TikTok Shop. NorthProfit does not write purchase orders to suppliers and does not manage batches, serial numbers or stocktakes.
Questions about inventory
Short, with the calculation.
How does NorthProfit calculate days of stock?
NorthProfit takes your sales per day from the last 30, 60 and 90 days and weights the most recent period most (default: 50, 30 and 20 percent). Returned goods do not count as sold. Stock divided by these daily sales gives the days of stock, and from that the “runs out on” date.
When does a variant count as dead stock?
When it has stock but has not sold in the last 90 days. NorthProfit shows the value of dead stock so you can see how much money sits on the shelf.
When is stock critical or low?
By default critical at 7 days of stock or less, low up to 21 days and overstock from 180 days. You set the lead time (1 to 365 days) and these thresholds yourself under Profit › Costs › Inventory.
Which channels count for stock?
NorthProfit reads stock from Shopify today. There is no stock sync for WooCommerce, Shopware, eBay and TikTok Shop.
How accurate is the stock value?
It is estimated: stock times your stored purchase price, next to the value at retail price. If a purchase price is missing, the value is marked provisional. It is not meant for accounting.
How long will your stock really last?
Connect your shop and see per variant when it runs out and which goods do not move.
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