Stock Management Performance Number of times the stock changes in a year and can be applied to raw materials, work in progress and finished goods stock. High values are good performance.
Stock turnover = Sales Stocks
Days of stock held is a measure of how long it takes to turn stock over. Low values are good performance.
Stock days held = Stock x 365 Sales
Number of Stock Keeping Units (SKU) is an indicator of the number of items stocked.
ABC Analysis deals with how much each stock keeping unit generates in sales per annum and using the Pareto Rule to determine the highest turnover and the lowest turnover products.
