How to Calculate Value of Inventory - Search Videos

Basic inventory formula example

Basic inventory formula example

To calculate current stock, or inventory, you can use Excel Tables with a formula based on the SUMIF function. In the example shown, the formula in K7 is: =SUMIFS(In[Qty],In[Color],J7)-SUMIFS(Out[Qty],Out[Color],J7) Where "In" is the Excel Table on the left, "Out" is the table in the middle.

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