Platform: Enolytics DTC

Summary:

What it is: Inventory Cost of Goods shows the total production cost for all units currently in inventory, calculated by multiplying each product's unit cost by its quantity on hand.

How to use it:
• Calculate your true inventory asset value and gross margins by comparing cost basis to retail pricing across different wine varietals or vintages
• Identify which products tie up the most capital in inventory and prioritize sales strategies for high-cost, slow-moving stock

Tip: Compare this against your inventory retail value to quickly spot products with the highest profit potential still sitting in your cellar.

Note: Parts of this article were generated with AI and may not be perfect. If something looks off or could be better, click the 😞 below — it opens a quick chat so you can let us know.

Quick Stats:

The actual production cost per unit for the product, sourced from the product catalog. Multiplied by inventory quantities to determine total inventory value at cost. Essential for calculating gross margins, inventory asset values, and profitability analysis across different products and inventory pools.

Type: float

Format: $ #,##0