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Inventory turnover
Measure inventory turns and average days in inventory.
PerformancePERFORMANCE
Inventory Record & Cycle Count Accuracy Calculator
Measure record-level accuracy for one completed cycle-count cohort, keeping exact matches separate from tolerance-accepted records.
Inventory record accuracy calculator
Measure record-level accuracy for one completed cycle-count cohort, keeping exact matches separate from tolerance-accepted records.
YOUR RESULT LIVE CALCULATION
Inventory records within tolerance
97% accepted
RECORD-LEVEL CYCLE COUNTS- Exact-match accuracy
- 94%
- Additional tolerance-only matches
- 15
- Records outside tolerance
- 15
- Records checked
- 500
Tolerance is agreed and applied before entering counts. This is not net unit accuracy or inventory value variance.
BEHIND THE NUMBER
How the calculation works
A record is one consistently defined SKU-location-lot balance, including unit of measure where relevant. Accepted records include exact matches, so accepted count cannot be lower than exact count. Assess every record against your documented count tolerance before entering the totals. This reports how many records pass, not how closely aggregate units net to zero.
Exact accuracy = exact-match records / checked records x 100; accepted accuracy = records within tolerance (including exact matches) / checked records x 100
When this calculation helps
Inventory record accuracy evaluates the records or counted units in the specified comparison. Use a consistent counting tolerance and clearly identify the population that was actually checked.
Check the interpretation
A high record pass rate can hide a large value variance in a small number of expensive SKUs. Investigate location, unit-of-measure, transaction timing, and stock-status differences before concluding that an apparent discrepancy is physical loss.
The tool does not inspect raw stock counts or set a tolerance. Exclude uncounted records and use the same recount policy and approved tolerance across the cohort. Unit accuracy and inventory-value variance require different calculations.
Good to know
Does within tolerance include exact matches?
Yes. If 470 records match exactly and 15 additional records pass the approved tolerance, enter 485 as accepted within tolerance.
Can overages and shortages cancel out?
Not in this record-match measure. Each record is classified separately. Netting unit differences across records can hide errors and is not used here.