Fuel Inventory Value
Monitor Fuel Stock and Inventory Value Daily.
Fuel Inventory Value Report
What This Report Is
This report shows how much fuel you have in your tanks each day, what it cost you, and what the total fuel inventory is worth. You can run it for any date range you want.
Why It Matters
- Helps track how much money is tied up in fuel inventory.
- Allows you to monitor cost changes from suppliers.
- Helps you plan purchases to avoid running out or overstocking.
- Supports better cash flow management.
What to Look For
- Tank # – Shows which tank holds which fuel.
- Product # / Grade – Identifies the type of fuel (like Diesel, Regular, Premium).
- Average Cost – The price you paid per unit.
- Units – How many units (litres or gallons) are in the tank.
- Inventory Value – The total dollar value of fuel on hand.
What to Do
- Review the Inventory Value to know how much fuel inventory you have.
- Watch for high inventory levels—this ties up cash you might need elsewhere.
- Watch for low inventory levels—this may signal it's time to reorder fuel.
- Check if Average Cost has gone up or down — this affects your profit margins.
- If costs are rising fast, talk to your supplier or adjust pricing at the pump.