Chapter 3

Is this month's big stock buy a loss, or not?

Nhập hàng nhiều tháng này là lỗ, hay chỉ là tồn?

The chapter's question

How do opening and closing stock change the profit figure?

Big idea

Money spent on stock is not the month's expense if the goods are still on the shelf.

In this chapter

  1. Part 3.1

    Cost of Goods Sold

    Is this month's cost of goods based on purchases or on goods sold?

  2. Part 3.2

    The Month-End Count

    Do I count stock at month end?

  3. Part 3.3

    More Stock, Less Cash

    Did more of my money go into stock this month?

  4. Part 3.4

    Waste and Shrink in the Sheet

    On which line do damaged and missing goods sit?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of The Month-End Number is free to read right here.

Read in Conan School

Chapters of The Month-End Number

  1. 1.Does high revenue mean a healthy store?
  2. 2.How much do I spend before selling a thing?
  3. 3.Is this month's big stock buy a loss, or not?
  4. 4.Profitable on paper, so why is my cash gone?
  5. 5.Can one page a month beat one perfect report?