Retail Shrinkage Cost Calculator
Estimate inventory shrinkage dollars and shrink rate from book inventory and physical inventory value.
How to use this Retail Shrinkage Cost Calculator
Estimate inventory shrinkage dollars and shrink rate from book inventory and physical inventory value. Enter your numbers above and Okomit calculates the result instantly.
Retail Shrinkage Cost Calculator formula
Shrinkage = Book Inventory Value − Physical Inventory Value
Example
$200,000 of book inventory and $194,000 of physical inventory indicates $6,000 of shrink, or 3%.
How to use the result
Track shrink by location, category, and period, then investigate process errors, damage, theft, receiving problems, and inventory-record accuracy.
Frequently asked questions
Is this calculator free?
Yes. This Okomit calculator is available as a free tool.
Does Okomit save the numbers I enter?
Guest calculations remain in the browser unless you choose a feature that explicitly saves work. Logged-in Okomit features may support saved scenarios where available.
Can I use this for business planning?
Yes, as a planning aid. Review important business, tax, legal, lending, or accounting decisions with the appropriate professional when needed.