Can I calculate multiple metals at once?

Yes. The calculator supports multiple inventory categories, each with its own stock quantity and rate.

Can I enter different rates for each metal?

Yes. Every inventory row has its own user-entered rate per kilogram.

Does this calculator use live metal prices?

No. Rates are entered manually by the user so the calculator can be used with current supplier, buyer, market or internal valuation rates.

Can I calculate scrap inventory value?

Yes. You can enter scrap metal categories and their current estimated rates per kilogram.

Can inventory quantities be entered in pounds?

Yes. Quantity units include kilograms, pounds, tonnes and grams.

Metal Inventory Value Calculator

Inventory settings

Currency

Metal inventory

Enter the stock quantity and your current valuation rate for each metal. Rates are manual and are not live market prices.

Inventory valuation

Total inventory summary

Metal categories

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Total stock

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Inventory value

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Average value / kg

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Metal-by-metal valuation

Inventory composition

Formula

Metal inventory value = stock quantity × current user-entered rate/kg Total inventory value = sum of all metal category values Average inventory value/kg = total inventory value ÷ total inventory weight

Use a consistent valuation basis for all rows. For example, use current buyer rates, supplier replacement rates or your own internal inventory valuation rates rather than mixing different pricing methods.

Example

Copper

500 kg × USD 8.50/kg = USD 4,250.

Aluminum

1,000 kg × USD 2.50/kg = USD 2,500.

Steel

2,000 kg × USD 0.35/kg = USD 700.

Total

The inventory value is the sum of all category values: USD 7,450.

Inventory valuation considerations

Keep physical stock quantities updated.
Use rates appropriate to the grade and condition of the material.
Separate clean metal from contaminated or mixed scrap where prices differ.
Consider whether your valuation is based on selling price, replacement cost or acquisition cost.
Update manually entered rates whenever your valuation basis changes.
Do not treat the calculator's rate suggestions as live market prices.
For accounting purposes, apply your organization's applicable inventory valuation rules.

This tool provides a user-entered-rate valuation estimate. It does not fetch live metal prices and should not be treated as an accounting valuation without applying the appropriate accounting method and adjustments.

Frequently Asked Questions

How is metal inventory value calculated? Each metal's stock quantity is multiplied by its entered rate per kilogram. All metal values are then added together.

Can I calculate several metals together? Yes. Add as many inventory categories as needed, with each category using its own quantity and rate.

Are the metal prices live? No. The calculator intentionally uses rates entered by the user so it can work with current buyer rates, supplier rates or internal valuations.

Can I value scrap inventory? Yes. Enter each scrap category, its stock weight and the rate you currently expect to receive.

Can I use different currencies? Yes. USD is the default and several other currencies are available.

What is average inventory value per kilogram? It is the total estimated inventory value divided by the total stock weight across all entered categories.

Can I update the rates whenever prices change? Yes. Simply replace the user-entered rate for each metal and recalculate.

Related metal tools

All Metal Tools Metal Price per Kg Calculator Metal Price per Ton Calculator Metal Price per Pound Calculator Scrap Metal Profit Calculator Scrap Metal Break-Even Calculator Scrap Yard Load Value Calculator