Accounting Samurai

Inventory Valuation Calculator

Calculate inventory value using FIFO or LIFO costing methods.

FIFO & LIFO

Compare both methods side-by-side to find the best fit.

COGS Calculation

Automatically compute cost of goods sold from transactions.

Excel Export

Export detailed valuation reports for your records.

Inventory Information
Purchase Records
No purchase records yet. Click "Add Record" to get started.
Summary
Total Quantity Purchased0
Total Quantity Sold0
Total Quantity Unsold0
Inventory Valuation (FIFO)
$0.00

Based on First-In, First-Out method

About This Tool

Accurately value your inventory using industry-standard costing methods. Enter your purchase and sales transactions, and the tool calculates your ending inventory value and cost of goods sold using either FIFO (First-In, First-Out) or LIFO (Last-In, First-Out) methods.

Why Use This Tool

Side-by-Side Comparison

Run both FIFO and LIFO calculations on the same data to see which method produces better results for your business.

Accurate COGS Tracking

Cost of goods sold is calculated automatically from your purchase and sales data — essential for income statements and tax filings.

Ending Inventory Value

Know exactly what your remaining inventory is worth at any point in time for balance sheet reporting.

No Accounting Knowledge Required

Simply enter your purchase and sales transactions. The tool handles all the costing calculations behind the scenes.

Export for Your Records

Download detailed valuation reports to Excel for sharing with accountants, auditors, or for your own business records.

Spot Profitability Trends

Track how inventory costs change over time to identify margin shifts and make smarter purchasing decisions.

Frequently Asked Questions

What is the difference between FIFO and LIFO?
FIFO (First-In, First-Out) assumes the oldest inventory is sold first, while LIFO (Last-In, First-Out) assumes the newest inventory is sold first. FIFO typically results in lower COGS during rising prices, while LIFO results in higher COGS.
Which inventory method should I use?
FIFO is more commonly used and is required under IFRS. LIFO is allowed under US GAAP and can provide tax advantages during periods of rising prices. Consult with your accountant for the best choice for your business.
Can I export the valuation results?
Yes, you can export your inventory valuation report to Excel, including all transaction details and cost calculations.
Is this calculator free?
Yes, completely free with no login required. Use it as many times as you need.