WISE WOLF CONSULTING  |  Productivity, Performance & Profitability

Obsolete Parts Carrying Cost Calculator

What Parts That Have Not Moved in a Year Are Costing You

Working model — George M. Keen, Principal Consultant

Parts with no sale in the last twelve months charge rent every month they sit there. Enter your own figures on the left. Everything on the right recalculates as you move.
Annual cost of doing nothing
$61,774
Carrying cost on the dead stock plus the gross profit that capital is not earning. Recurring, every year it stays on the shelf.
Dead inventory
$100,000
Cost value with no sale in 12 months
Carrying cost
$25,000
Paid every year it stays on the shelf
GMROI
2.45
Gross profit per dollar of live inventory

What the dead stock costs each year

ComponentAnnual
Carrying cost on non-moving inventory-$25,000
Gross profit not earned on redeployable capital-$36,774
Recurring annual cost-$61,774

Acting now vs. waiting three years

LineAct nowWait 3 years
Cash recovered from disposal$50,000$5,000
Carrying cost paid in the meantime$0-$75,000
Gross profit earned on redeployed capital$110,323$0
Less: inventory book value surrendered-$100,000-$100,000
Three-year net position$60,323-$170,000

The decay curve

TimingTypical channelRecoveryValue of dead stock
Act nowDealer network / online50%$50,000
In 12 monthsLiquidation lot20%$20,000
In 24 monthsScrap / write-off5%$5,000
In 36 monthsDisposal2%$1,500

The math, shown

Effect on the value of the business

LineAmount
Recurring annual cost removed$61,774
Valuation multiple4.0x
Enterprise value tied up in dead stock$247,097

A buyer runs the last-sale-date report in the first week of due diligence. Non-moving inventory is discounted heavily or excluded from the balance sheet outright. This line is the earnings effect only — the inventory write-down comes off the balance sheet separately and in addition.

The monthly routine that keeps it from coming back

  1. Run the last-sale-date report on the first business day. Segment 0–6, 7–12, 13–24 and 25+ months and chart the dollars month over month.
  2. Work the six-month zone first. A part with no activity for seven months is, by practitioner estimate, about 95% likely to never sell.
  3. Keep a one-page return window calendar for every vendor. Set the reminder sixty days ahead, not thirty.
  4. Submit everything eligible. Waiting does not make the restocking fee smaller.
  5. Assign a disposal path, an owner and a date to anything not returnable, within thirty days.
  6. Accrue an obsolescence reserve monthly, roughly 1% of parts purchases, so the write-off is funded before it lands.
  7. Review every new SKU added to stock in the last thirty days. This is the only step that reduces next year's number.
  8. Count the parts on your service vans. If they are not their own bin locations in the DMS, none of it appears above.

Figures are planning estimates based on the inputs supplied. A book write-down alone does not earn a tax deduction — confirm carrying-cost components, return program terms and the treatment of any disposal with your accountant.

Want the number for your actual store?

This model runs on benchmarks. Wise Wolf Consulting works directly with equipment dealership principals and managers to measure the real figure — and to install the discipline that closes the gap.

Productivity, Performance & Profitability
George M. Keen, Principal Consultant