Understand stock valuation

Stock valuation is the money tied up in inventory — your warehouse expressed in dollars rather than units.

How it’s calculated

For each product:

value = quantity on hand × unit cost

Klovio sums this across every product to give a total inventory value, which you can break down by warehouse or category.

Set unit cost

Valuation depends on each product having a unit cost. Set it on the product edit form or in a CSV import. Products with no cost simply count as zero value — so keep costs current.

Where to see it

• The dashboard shows total inventory value.
• The on-hand report can total value by category or warehouse — see Run an on-hand report.
• A dated CSV export of on-hand stock gives you a valuation snapshot for the record.

Keeping it accurate

Valuation is only as good as two inputs: quantities (kept right by counts) and costs (kept right by you when supplier prices move). Review costs whenever a supplier price changes.

Tip: export an on-hand valuation on the last day of each month. A simple dated trail of those files is invaluable at audit time.