Inventory Valuation

Inventory Valuation

Name:

[YOUR NAME]

Company:

[YOUR COMPANY NAME]

Date:

[DATE]

This Inventory Valuation Report meticulously compiles the detailed costs and total values of our current inventory, essential for accurate financial analysis and strategic planning. It serves as a foundational tool for assessing the financial impact of inventory on our cost of goods sold and overall financial health, aligning with regulatory compliance and strategic business objectives.

Item ID

Description

Quantity

Total Cost per Unit

Total Value

001

High-grade Alloy Steel

100

$57

$5,700

002

Organic Cotton T-shirts, Blue

200

$34

$6,800

003

LED Energy Saving Bulb, 12W

150

$22.50

$3,375

004

Professional Kitchen Blender

75

$115

$8,625

005

Waterproof Smartwatch, Gen 2

50

$60

$3,000

006

Vegan Leather Handbags, Medium

120

$25

$3,000

007

Maple Wood Skateboards

80

$45

$3,600

008

Stainless Steel Water Bottle, 1L

90

$30

$2,700

009

Compact Wireless Earbuds

60

$40

$2,400

010

Organic Green Tea Leaves, 500g

70

$55

$3,850

Total

995

$43,350

Additional Notes:

  • Utilizes the Weighted Average Cost method, ensuring accurate reflection of inventory costs amidst market price variations.

  • Provides essential data for informed decision-making in pricing, procurement, and sales strategies, highlighting potential areas for optimization.

  • Ensures alignment with accounting standards, crucial for the integrity of financial reporting and compliance with regulatory requirements.

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