How to Calculate Inventory Shrinkage?
Inventory Shrinkage calculator uses Inventory Shrinkage = ((Recorded Inventory-Actual Inventory)/Recorded Inventory)*100 to calculate the Inventory Shrinkage, The Inventory Shrinkage formula is defined as the difference between the amount or value of inventory recorded in a business's accounting records (book inventory/value) and the amount or value actually in stock (actual inventory/value). Inventory Shrinkage is denoted by IS symbol.
How to calculate Inventory Shrinkage using this online calculator? To use this online calculator for Inventory Shrinkage, enter Recorded Inventory (RI) & Actual Inventory (I) and hit the calculate button. Here is how the Inventory Shrinkage calculation can be explained with given input values -> 25 = ((500-375)/500)*100.