Stock List

The Stock List report displays all vehicles that are currently in stock. It functions similarly to the Purchase Register report, but with one key difference, it includes only those vehicles that are still unsold and available in inventory.

Understanding Stock Value in the Stock List Report

At the bottom of the Stock List report, you’ll see the total Stock Value, which gives you an overview of your inventory's worth. The stock value is calculated based on the filters currently applied to the report (e.g., vehicle type, date range).

Types of Stock Values

1. Cost-Based Stock Value: This is calculated by adding all expenses (like repair costs, transport, etc.) to the buying price of each vehicle.
2. Selling Price-Based Stock Value: This is calculated by taking the average of the minimum and maximum selling price for each vehicle.
   Formula: (Minimum Selling Price + Maximum Selling Price) / 2

Filtered Stock Value

The displayed stock value dynamically changes based on the filters you apply. For example, if you filter by vehicle type as Used and select a specific date range, the report will show stock value only for used vehicles added within that range.

Why is Selling Price-Based Stock Value Calculated Using the Average?

When both a minimum and maximum selling price are entered for a vehicle, the exact final selling price is not yet known. Some vehicles may sell at the minimum price, some at the maximum, and many somewhere in between. To fairly estimate the potential selling-price-based-stock-value from unsold stock, the system takes the average of the minimum and maximum values.

This approach provides a balanced and realistic projection of what your inventory might earn, without overestimating or underestimating its value.