Use case for Mixtable Analytics Spreadsheet

Analyze Shopify inventory with a spreadsheet

Stock levels, inventory value, stockouts, sell-through, and dead stock for every variant, product, and collection, calculated from your store's day-by-day inventory history. See what you had, what it was worth, and what isn't selling.

Opens Mixtable Analytics Spreadsheet in the Shopify App Store. Free plan, then from $15/month.

  • From your daily stock history

Trusted by thousands of Shopify stores

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What you can do

Everything you need to analyze Shopify inventory

Mixtable downloads your store's daily stock history from Shopify and calculates 18 inventory metrics from it. Add them beside your products, or total them in a report.

18 inventory metrics

Stock levels, inventory value at cost and retail, stockouts, in-stock rate, sell-through, turnover, days of stock left, and dead stock.

Day-by-day stock history

Mixtable keeps your store's stock for every day and adds each finished day every morning, so last month's numbers are there when you need them.

Beside your product data

Add inventory metrics as columns on variant, product, and collection worksheets, next to SKU, vendor, price, and cost.

By vendor, type, or location

Pivot Table and Time Series worksheets total inventory by vendor, product type, category, tag, stock location, or the whole store.

Your choice of locations

Count every stock location, or only the ones you pick, such as one warehouse without the returns shelf.

Formulas on top

Sort, filter, and add your own reorder points or targets, like any spreadsheet.

The inventory metrics you can put in a worksheet

Inventory metrics cover variants that track inventory in Shopify. Which ones a row can show depends on what the row holds.

  • Opening Stock and Closing Stock
  • Stock Change
  • Average Daily Stock
  • Closing Value at Cost and at Retail
  • Units Without Cost
  • Days In Stock and Days Out of Stock
  • In-Stock Rate
  • Out-of-Stock Variants
  • Last In-Stock Date
  • Estimated Lost Sales
  • Sell-Through Rate
  • Inventory Turnover
  • Days of Stock Left
  • Dead Stock Units and Value at Cost

In the spreadsheet

See how it looks in the sheet.

  • One row per stock location
  • End of any month

Know what your stock was worth on any day

Pick a day, such as the end of last month, and see how many units you had and what they were worth at cost and at retail. A month-end stock valuation by vendor, product type, or stock location takes one Pivot Table worksheet, with no snapshot to export every month.

Guide: Stock levels and inventory value
  • Closing Stock and Opening Stock on the date you choose
  • Inventory value at cost or at retail price
  • Units Without Cost flags gaps in your cost data
  • Count every location, or only the ones you pick
  • Sorted by estimated lost sales
  • Reorder the top rows sooner

See which variants sold out, and what it cost

Sales reports can't show the orders you missed. Mixtable counts the days each variant ended out of stock and estimates the Net Sales those days likely cost, based on what it sold on the days it was in stock.

Guide: Stockouts and in-stock rate
  • Days In Stock and Days Out of Stock per variant
  • In-Stock Rate for products, collections, vendors, and locations
  • Estimated Lost Sales puts a number on each stockout
  • Last In-Stock Date shows how long a variant has been gone
  • Sorted by days of stock left
  • Pace from in-stock days

Reorder before you run out

Days of Stock Left divides what's on hand by the pace each variant sold on its in-stock days, so a recent stockout doesn't make a bestseller look slow. Sort by it, and the variants that run out first rise to the top.

Guide: Sell-through, turnover, and dead stock
  • Days of Stock Left at the pace of the period you pick
  • Sell-Through Rate: units sold against units sold plus what's left
  • Inventory Turnover for products, collections, and vendors
  • Add your own reorder point formulas beside them
  • Variants that sold nothing
  • Money tied up, at cost

Find the stock that isn't moving

Dead Stock Units and Dead Stock Value at Cost total the stock on variants that sold nothing during the period, by vendor, product type, or stock location. See how much money is sitting on the shelf before you place the next order.

Guide: Dead stock by vendor or location
  • Dead stock for any period, such as the last 6 months
  • Valued at cost, so you see the money tied up
  • By vendor, product type, category, tag, or location
  • Mark it down with Mixtable Spreadsheet Editor, previewed before it syncs

Compare

Mixtable vs other ways to analyze Shopify inventory

Shopify shows your stock right now. Here is how the options compare when the question is about stock over time.

Inventory taskMixtableShopify reportsExporting to ExcelBI platforms
Stock and its value on a past day Yes, day by daySome reports, by planOnly days you exportedYes, after modeling
Stockout days and estimated lost sales per variant Yes, per variantLimitedDaily exports neededYes, after modeling
Dead stock valued at cost Yes, any periodLimitedManual joinsYes, after modeling
Inventory metrics beside product fields Yes, same worksheetSeparate reportsManual lookupsSeparate tool
Totals by vendor, type, or location Yes, Pivot Table worksheetsSome reportsManual pivot workYes, after modeling
Add your own reorder formulas Yes, it is a spreadsheetNoYes, manuallyQuery languages
Setup time Minutes, once history loadsNoneEvery single timeDays to weeks

Comparison reflects typical inventory analysis workflows. Mixtable inventory metrics cover variants that track inventory in Shopify.

Getting started

From install to an inventory report

Mixtable downloads your stock history in the background. Once it's in, every report fills in on its own.

  1. Connect your store

    Install Mixtable Analytics Spreadsheet from the Shopify App Store and approve its permissions, including reading your Shopify reports.

  2. Let the history download

    Mixtable downloads your daily stock history a month at a time, then adds each finished day every morning.

  3. Add inventory metrics

    Add analytics columns to a Products (with variants) worksheet, or build a Pivot Table or Time Series worksheet from the Inventory group.

  4. Pick dates and locations

    Choose a day or a period, and count every stock location or only the ones you pick.

  5. Sort and act

    Sort by Days of Stock Left to reorder, or by Dead Stock Value at Cost to plan markdowns.

Questions

Shopify inventory analytics questions

Where does the inventory data come from?

Mixtable downloads your store's daily stock history from Shopify in the background, then adds each finished day every morning. The metrics that compare stock with sales use the Net Sales and Net Quantity Sold that Mixtable calculates from your Shopify orders over the same days.

Which inventory metrics are available?

Eighteen: Opening Stock, Closing Stock, Stock Change, Average Daily Stock, Closing Value at Cost, Closing Value at Retail, Units Without Cost, Days In Stock, Days Out of Stock, In-Stock Rate, Out-of-Stock Variants, Last In-Stock Date, Days of Stock Left, Estimated Lost Sales, Sell-Through Rate, Inventory Turnover, Dead Stock Units, and Dead Stock Value at Cost.

How is sell-through rate calculated?

Sell-Through Rate is units sold divided by units sold plus the stock left at the end of the period. Units sold is Net Quantity Sold from your Shopify orders, so returns count against it. A variant that sold 60 units and ended with 40 has a Sell-Through Rate of 60%.

How is inventory value calculated?

Closing Value at Cost multiplies the units in stock at the end of the day by each variant's cost per item, and Closing Value at Retail uses its price. Mixtable uses the cost and price as they stood on that day, from its own record of them. Units without a cost are left out, and the Units Without Cost metric shows how many there are.

Can I see inventory by location?

Yes. Pivot Table and Time Series worksheets have a Location breakdown with one row per stock location, and most inventory metrics let you count only the locations you pick. Metrics that compare stock with sales, such as Sell-Through Rate, always count every location, because Shopify orders aren't split by stock location.

Does it show my stock right now?

No. Inventory metrics describe days that have finished, so yesterday's Closing Stock won't match your Shopify admin right now. For current quantities by location, which you can also edit and sync with Mixtable Spreadsheet Editor, add an Inventory column to a Products (with variants) worksheet.

What do I need for accurate numbers?

Mixtable Analytics Spreadsheet installed with permission to read your Shopify reports, inventory tracking turned on for the variants you want to measure, and cost per item filled in for the inventory value metrics.

Can I act on dead stock in the same place?

With Mixtable Spreadsheet Editor, yes. Mark slow sellers down or add them to a sale collection in a Shopify data worksheet, then preview your changes and sync them to Shopify when you're ready.

Know what's on your shelves, and what it's worth

Open Mixtable for your store and let your stock history answer the questions sales numbers can't.