Inventory turnover by SKU
“match the shopify products, orders, and inventory files by sku, use the trailing 12 months ending today to calculate sales dollars, average stock value, and turnover, then show each sku ranked slowest first”
match the Shopify products export, Shopify orders export, and Shopify inventory export files by sku, use the trailing 12 months ending today to calculate sales dollars, average stock value, and turnover, then show each sku ranked slowest first, with turnover as cost of sales divided by average stock value, and average stock value based on average available snapshots
What the agent built
6 steps, each one an ordinary Mammoth step you can open and change.
- FileShopify products exportCSV export · 8 rows
- FileShopify orders exportCSV export · 36 rows
- FileShopify inventory exportCSV export · 40 rows
- StepStandardize product SKUStep 1
- StepTotal sales by SKUStep 2
- StepAverage available snapshotsStep 3
- JoinBring in SKU sales6 of 8 paired
- JoinBring in average stock8 of 8 paired
- StepCalculate and rank turnoverStep 6
- ResultShopify SKU Turnover8 rows
- ScheduleRuns when you sayProposed
Checked on the sample files: every step ran, 8 rows came out, and the join paired 6 of 8 rows; the join paired 8 of 8 rows.
- Download Shopify products export sample (8 rows)Shopify admin: Products > All products > Export
- Download Shopify orders export sample (36 rows)Shopify admin: Orders > Export
- Download Shopify inventory export sample (40 rows)Shopify admin: Products > Inventory > Export
What you get back
The result of that run, the rows to look at first.
| Product SKU | Sales dollars | Average stock value | Inventory turnover | Cost of sales | Product name |
|---|---|---|---|---|---|
| sku_ember_throw | 0 | 1,711.20 | 0 | 0 | Ember Knit Throw |
| sku_halo_lamp | 0 | 2,372.82 | 0 | 0 | Halo Desk Lamp |
| sku_petal_mug | 160 | 468.86 | 0.13 | 59.50 | Petal Stoneware Mug |
| sku_briar_journal | 224 | 251.74 | 0.26 | 65.60 | Briar Linen Journal |
| sku_drift_tee | 780 | 571.20 | 0.44 | 252 | Drift Cotton Tee |
| sku_fern_planter | 336 | 239.85 | 0.49 | 117 | Fern Ceramic Planter |
| sku_copper_tumbler | 552 | 277.89 | 0.65 | 180.55 | Copper Travel Tumbler |
| sku_aurora_candle | 666 | 270.32 | 0.85 | 229.40 | Aurora Soy Candle 8oz |
How do you calculate inventory turnover ratio by SKU?
Export your Shopify products, orders, and inventory files, then match them by SKU. Use the last 12 months to calculate sales dollars, average stock value from inventory snapshots, and turnover as cost of sales divided by average stock value. The result is a SKU list ranked slowest first.
How it works
How to use the Shopify SKU Turnover workflow
- 1Get early accessWe invite people in small batches, job by job. You'll land on this workflow, already built and checked on the sample files.
- 2Swap in your exportsUpload your own files as they come out of your tools. The agent checks the workflow on your rows.
- 3Change it in words, then turn it onSay what to change and see the new result before anything saves. Then choose when it runs.
Shopify SKU Turnover: questions
Which Shopify export do I use?
What happens if a row does not match on SKU?
Can I change the turnover rules?
Get early access to this workflow
It will open already built and checked on the sample files. Swap in your own exports and see your result.
Workflows like this
Find the few products that make most of your sales, what sells together, and the stock that sits too long.
- Pareto (ABC) analysisEvery item ranked by its total, with its share, the running share and an A, B or C classSee the workflow Template
- Market basket analysisEvery pair of products bought together, with support, confidence and liftSee the workflow Template
- Inventory turnover and days on handEach product's turnover and days of stock on hand, month by monthSee the workflow Template
- Demand forecast by SKUForecast next month’s demand for each SKU from your Shopify order line export using recent monthly averages and trend.See the workflow Built by the agent
- Economic order quantityCalculate economic order quantity for each item from a NetSuite item cost and demand export.See the workflow Built by the agent
- ABC analysisRank Shopify SKU revenue into A, B, and C tiers from an export, using yearly revenue and an 80/15 split.See the workflow Built by the agent