Stock ageing
A report grouping inventory by how long it has been held — 0 to 30 days, 31 to 60, and so on — to show which stock is turning and which is sitting.
Stock ageing answers a question a total stock value cannot: how old is the money on your shelves. Two shops with ₹20 lakh of stock are in completely different positions if one holds nothing older than sixty days and the other holds half of it past a year.
Reading the buckets
The recent buckets are your working stock and should be the bulk of the value. The far buckets are the warning. A line that is heavy in the oldest bucket is either over-ordered, wrongly priced, or finished as a seller — and each of those has a different fix.
Why it drives decisions
Ageing tells you where to discount, what to stop reordering, and what to return to the supplier while the terms still allow. For items with an expiry date it is also an early warning that a write-off is coming.
Set buckets that suit your trade
Thirty-day buckets suit fast-moving goods. A seasonal business is better served by buckets that follow its own cycle. The point is that the boundaries mean something in your trade, not that they are round numbers.
How KillStock handles it
Inventory ageing and immobile stock are standard reports, with buckets you can set to match your cycle, and stock valuation is tracked over time rather than only as of today.
A common mistake
Reading ageing on quantity alone. One high-value line sitting in the oldest bucket is a bigger problem than a hundred low-value ones — sort by what the delay is costing.