📦 Inventory Valuation Calculator
FIFO & LIFO Methods
Select Currency
🇳🇬
Nigerian Naira (₦)
🇺🇸
US Dollar ($)
🇬🇧
British Pound (£)
🇪🇺
Euro (€)
📚 Educational Note:
This calculator demonstrates two key inventory costing methods:
FIFO (First-In, First-Out):
Assumes oldest inventory is sold first
LIFO (Last-In, First-Out):
Assumes newest inventory is sold first
📈 Purchase Records
➕ Add Purchase Entry
📤 Units Sold
Total Units Sold:
FIFO Method
LIFO Method
🔢 Calculate Inventory Valuation
Inventory Valuation Results
Ending Inventory Value
₦0.00
Cost of Goods Sold
₦0.00
📊 Method Comparison
Detailed Calculation Breakdown
Date
Units
Unit Cost
Used for COGS
Remaining
Status
🗑️ Clear All Data