Calculators / Kitchen & F&B
Free tool · Kitchen & F&B

Inventory FIFO Wastage Calculator

First-in-first-out sounds obvious until a busy Saturday means the newest delivery gets grabbed first because it's at the front of the fridge. This calculator lists your stock in batches, purchase date, shelf life and cost, applies your usage oldest-first the way FIFO is supposed to work, and shows what is left over that has already expired.

Kitchen & F&B — Inventory FIFO Wastage Calculator
In short

FIFO wastage value is the leftover quantity in any stock batch past its expiry date, multiplied by that batch's cost per unit.

Batches are consumed in purchase-date order. Any leftover quantity in a batch past its expiry date (purchase date + shelf life) counts as wastage.
BatchQty receivedPurchase dateShelf life (days)Cost / unit (₹)
Wasted quantity
0
Wastage value
₹0.00
Remaining stock value (unexpired)
₹0.00

How to use the Inventory FIFO Wastage Calculator

  1. Add each stock batch with its quantity, purchase date, shelf life and cost.
  2. Enter the total quantity used or sold since those batches arrived.
  3. Set today's date.
  4. See wastage value and remaining stock value, oldest batches consumed first.

Worked example

A kitchen receives 20kg of paneer on the 1st with a 5-day shelf life, then another 15kg on the 4th. If only 18kg gets used by the 6th, usage is applied to the oldest batch first. The remaining 2kg from the 1st batch is already past its expiry and shows up as wastage, while the second batch still counts as good stock.

Frequently asked questions

Why does FIFO matter for a small kitchen?

Because the alternative, using whatever is easiest to reach, quietly pushes older stock to the back where it expires unused. Over a month that adds up to real rupees written off, even in kitchens that think they run a tight inventory.

What should I do with batches the calculator flags as wasted?

Treat it as a signal to buy less of that item, order more frequently in smaller quantities, or negotiate a shorter delivery cycle with the supplier, rather than accepting the wastage as a fixed cost of doing business.

Does this replace a physical stock audit?

No. It is a planning and awareness tool based on the batches you enter. A physical count will always catch damage, theft and mislabeling that a spreadsheet-style FIFO calculation cannot see.

More Kitchen & F&B calculators

Want this run for you? Book a free auditExplore the platform →