📦 Stock available for sale

Enter opening stock and purchases in date order (oldest first).

LayerUnitsCost / unit

📊 Method comparison

MethodCOGSEnding stockGross profit
FIFO3,780.001,820.002,620.00 (40.9%)
LIFO4,240.001,360.002,160.00 (33.8%)
Weighted average3,982.221,617.782,417.78 (37.8%)
  • FIFO: Oldest cost goes to COGS first; ending stock carries the newest costs.
  • LIFO: Newest cost goes to COGS first. Not permitted under IFRS (IAS 2).
  • Weighted average: Every unit costs the average of 12.4444.

Goods available for sale: 450 units costing 5,600.00. Revenue at your price: 6,400.00.

Periodic method: costs are matched to the units sold at period end. A perpetual system (cost updated after every sale) can give different FIFO/average figures when purchases and sales interleave.

Free tool by Pyalm