Inventory Value
Inventory value is the financial value of goods held in stock at a specific point in time. It is based on the quantities recorded in the system and the stored valuation of an item. This makes it not only a warehouse metric, but also relevant for accounting and business management. In SAP Business One, inventory value is closely linked to inventory and inventory valuation, because every stock movement can change the reported value. A correctly determined inventory value helps assess assets, cost development and variances reliably, so that at month end the value of goods held in stock can be traced and reported correctly.