Stock Relationship Values
Table Of Contents
Introduction
Stock Relationship Values determine how the value of child items is distributed within a Pack or Build relationship.These values are stored as Value Proportions, representing the percentage contribution of each child item to the total value of the parent item.Value Proportions are automatically calculated when Auto Set Value Proportions is used.Understanding how these values work is important when managing Packs, Builds and Unbuilds, particularly where stock values and Cost of Sales calculations are concerned.For more information, see Value Proportion.
Stock Relationship Values determine how the value of child items is distributed within a Pack or Build relationship.
These values are stored as Value Proportions, representing the percentage contribution of each child item to the total value of the parent item.
Value Proportions are automatically calculated when Auto Set Value Proportions is used.
Understanding how these values work is important when managing Packs, Builds and Unbuilds, particularly where stock values and Cost of Sales calculations are concerned.
For more information, see Value Proportion.
What Is a Value Proportion?
A Value Proportion represents each child item's share of the total value of a Pack or Build.
A Value Proportion represents each child item's share of the total value of a Pack or Build.
Example
A Pack or Build contains three child items:
Item Stock Value Item A £1.00 Item B £1.00 Item C £2.00
Total value = £4.00
The calculated Value Proportions would be:
Item Value Proportion Item A 25% Item B 25% Item C 50%
These proportions are then used by Khaos Control when allocating values within Packs and Builds.
A Pack or Build contains three child items:
| Item | Stock Value |
|---|---|
| Item A | £1.00 |
| Item B | £1.00 |
| Item C | £2.00 |
Total value = £4.00
The calculated Value Proportions would be:
| Item | Value Proportion |
|---|---|
| Item A | 25% |
| Item B | 25% |
| Item C | 50% |
These proportions are then used by Khaos Control when allocating values within Packs and Builds.
Packs
For a Pack relationship, the Value Proportion is determined by the value of each child item relative to the total value of the Pack.Using the example above:- Item A = 25%
- Item B = 25%
- Item C = 50%
These percentages allow Khaos Control to understand how the value of the Pack is distributed across the included items.For a practical example, see Value Proportion.
For a Pack relationship, the Value Proportion is determined by the value of each child item relative to the total value of the Pack.
Using the example above:
- Item A = 25%
- Item B = 25%
- Item C = 50%
These percentages allow Khaos Control to understand how the value of the Pack is distributed across the included items.
For a practical example, see Value Proportion.
Builds
For a Build relationship, Value Proportions are calculated in the same way as Packs.Using the same example:
Item Value Item A £1.00 Item B £1.00 Item C £2.00
Total value = £4.00
Value Proportions:
- Item A = 25%
- Item B = 25%
- Item C = 50%
For a Build relationship, Value Proportions are calculated in the same way as Packs.
Using the same example:
| Item | Value |
|---|---|
| Item A | £1.00 |
| Item B | £1.00 |
| Item C | £2.00 |
Total value = £4.00
Value Proportions:
- Item A = 25%
- Item B = 25%
- Item C = 50%
Build Stock Value Option
When the Build Stock Value option is enabled in:[ System Values | Stock ]Khaos Control updates the stock value of the parent Build item using the combined value of all child items.
When the Build Stock Value option is enabled in:
[ System Values | Stock ]Khaos Control updates the stock value of the parent Build item using the combined value of all child items.
Example
Child items:
Item Value Item A £1.00 Item B £1.00 Item C £2.00
Total Build value:
£4.00
The Build item's stock value becomes £4.00.
Child items:
| Item | Value |
|---|---|
| Item A | £1.00 |
| Item B | £1.00 |
| Item C | £2.00 |
Total Build value:
£4.00
The Build item's stock value becomes £4.00.
How Build Values Are Updated
Each time a Build is created:- Khaos Control recalculates the Build stock value.
- The parent item's stock value is updated using the latest values of the child items.
Effectively, the Build stock value behaves as a Last Build Price.
Each time a Build is created:
- Khaos Control recalculates the Build stock value.
- The parent item's stock value is updated using the latest values of the child items.
Effectively, the Build stock value behaves as a Last Build Price.
Unbuilding Items
When a Build is unbuilt, Value Proportions determine how the parent item's value is redistributed back to the child items.For Unbuild processing to work correctly:- Value Proportions must exist for all child items.
- The behaviour depends on the Build Stock Value setting.
When a Build is unbuilt, Value Proportions determine how the parent item's value is redistributed back to the child items.
For Unbuild processing to work correctly:
- Value Proportions must exist for all child items.
- The behaviour depends on the Build Stock Value setting.
Build Stock Value Unticked
When Build Stock Value is unticked:- The parent item is broken down into its child items.
- Child stock quantities are updated.
- Child stock values are not changed.
When Build Stock Value is unticked:
- The parent item is broken down into its child items.
- Child stock quantities are updated.
- Child stock values are not changed.
Build Stock Value Ticked
When Build Stock Value is ticked:- The parent item is broken down into its child items.
- Child stock quantities are updated.
- Child stock values are recalculated using:
- The parent stock value.
- The stored Value Proportions.
When Build Stock Value is ticked:
- The parent item is broken down into its child items.
- Child stock quantities are updated.
- Child stock values are recalculated using:
- The parent stock value.
- The stored Value Proportions.
Example
Original child values:
Item Value Item A £1.00 Item B £1.00 Item C £2.00
Value Proportions:
- 25%
- 25%
- 50%
If the parent item's stock value has increased from £4.00 to £8.00, the new child values become:
Item New Value Item A £2.00 Item B £2.00 Item C £4.00
The parent value is redistributed according to the stored proportions.
Original child values:
| Item | Value |
|---|---|
| Item A | £1.00 |
| Item B | £1.00 |
| Item C | £2.00 |
Value Proportions:
- 25%
- 25%
- 50%
If the parent item's stock value has increased from £4.00 to £8.00, the new child values become:
| Item | New Value |
|---|---|
| Item A | £2.00 |
| Item B | £2.00 |
| Item C | £4.00 |
The parent value is redistributed according to the stored proportions.
Average Stock Values
Important: Build and Unbuild adjustments are not included in average stock value calculations.
This means that Build and Unbuild transactions do not directly influence the average stock value maintained by Khaos Control.
Important: Build and Unbuild adjustments are not included in average stock value calculations.
This means that Build and Unbuild transactions do not directly influence the average stock value maintained by Khaos Control.
Child Items Showing 0% Value Proportion
If a child item displays a 0% Value Proportion after using Auto Set Value Proportions, this indicates that the item does not have a stock value assigned.
If a child item displays a 0% Value Proportion after using Auto Set Value Proportions, this indicates that the item does not have a stock value assigned.
Example
Some production or manufacturing items may have little or no financial value but are still required as part of the Build process.Examples include:- Water
- Packaging inserts
- Process materials
- Consumables
These items may legitimately show a Value Proportion of 0%.Note: If a child item should contribute towards the overall value of the Pack or Build, ensure a valid stock value has been entered against the stock item before recalculating Value Proportions.
Some production or manufacturing items may have little or no financial value but are still required as part of the Build process.
Examples include:
- Water
- Packaging inserts
- Process materials
- Consumables
These items may legitimately show a Value Proportion of 0%.
Note: If a child item should contribute towards the overall value of the Pack or Build, ensure a valid stock value has been entered against the stock item before recalculating Value Proportions.
Additional Information
Value Proportions play an important role in:- Pack valuation.
- Build valuation.
- Unbuild processing.
- Stock value allocation.
- Cost of Sales calculations.
For accurate results, ensure all child items have appropriate stock values before using Auto Set Value Proportions and before performing Build or Unbuild operations.
Value Proportions play an important role in:
- Pack valuation.
- Build valuation.
- Unbuild processing.
- Stock value allocation.
- Cost of Sales calculations.
For accurate results, ensure all child items have appropriate stock values before using Auto Set Value Proportions and before performing Build or Unbuild operations.