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shopify sidekick inventory turnover

Inventory Turnover Analysis Dashboard

Calculate inventory turnover, DSI, and ABC classification by category and vendor to spot slow-moving capital.

📋 Prompt
Run in Sidekick
Create a comprehensive inventory turnover analysis for my Shopify store covering the period [START_DATE] to [END_DATE]. I want to understand how efficiently my inventory is being managed.

Please analyze and present:


  Overall inventory turnover ratio:
    
      Formula: Cost of Goods Sold divided by Average Inventory Value.
      Calculate for the entire store and by product category: [CATEGORY_LIST].
      Compare to industry benchmark of [BENCHMARK_RATIO] turns per year for [INDUSTRY_TYPE].
    
  
  Days Sales of Inventory (DSI):
    
      How many days on average does it take to sell through current stock?
      Break down by category, vendor, and individual top-selling SKUs.
      Flag items with DSI exceeding [MAX_DSI] days as slow-moving.
    
  
  ABC analysis based on turnover:
    
      A items: top [A_PERCENT] percent by revenue, what is their turnover rate?
      B items: next [B_PERCENT] percent by revenue.
      C items: remaining [C_PERCENT] percent.
      Recommend different management strategies for each tier.
    
  
  Turnover trends over time:
    
      Monthly turnover ratios for the past [MONTHS] months.
      Identify improving and declining product lines.
      Correlate turnover changes with promotions, price changes, or seasonal factors.
    
  
  Cash conversion cycle:
    
      Days of inventory plus days of receivables minus days of payables.
      Recommend actions to shorten the cycle.
    
  
  Action items:
    
      Specific products to reorder more frequently (high turnover, risk of stockout).
      Specific products to discount or discontinue (low turnover, tying up capital).
      Target turnover ratio improvement from [CURRENT_RATIO] to [TARGET_RATIO].
    
  


Please present this as a dashboard-style report with clear metrics and recommendations.

How to Use

  1. Copy the prompt above
  2. Open Shopify Sidekick in your Shopify admin
  3. Paste the prompt and replace the bracketed placeholders with your details
  4. Review Sidekick's response and apply the suggestions