Sell-Through Rate

Excel Formulas › Retail & Inventory

All versions

Sell-through is the share of received stock that sold in a period — units sold divided by units received. It tells you how fast a product moves and whether to reorder or mark down.


Quick formula: sell-through from sold and received:
=units_sold / units_received
Units sold over units received (or beginning stock), as a percentage. 70% means most of the batch sold.

The example

140 sold of 200 received.

AB
1ItemValue
2Units sold140
3Units received200 → 70%

The formula

The formula:

=B2 / B3 // sold ÷ received

How it works

How it works:

  1. Divide units sold by units received (or starting inventory) for the period.
  2. Format as a percentage — a high rate means a fast seller, a low rate flags slow stock.
  3. Compare to a target (often ~70–80% over a season) to trigger reorders or markdowns.
  4. The remaining stock is 1 - sell_through of what came in.

Sell-through guides markdowns: if a style is well below target sell-through partway through its season, it’s a candidate for a markdown to clear before it ties up cash and space. Conversely, a high early sell-through signals a reorder — the metric drives both decisions.

Try it: interactive demo

Live demo

Units sold and received.

Sell-through · Remaining

Variations

Units remaining

What is left:

=units_received - units_sold

Weekly rate

Per week:

=units_sold / units_received / weeks

vs target

Flag slow stock:

=IF(sell_through < target, "Markdown", "OK")

Pitfalls & errors

Pick the base. Sold ÷ received, or sold ÷ (beginning + received) — be consistent across products.

Time window matters. Sell-through is meaningless without a period; compare like windows.

Received can’t be zero. No receipts gives #DIV/0!.

Practice workbook

📊
Download the free Sell-Through Rate practice workbook
A sell-through sheet with the remaining, weekly, and target variants, plus 4 challenges with answers. No sign-up required.

Frequently asked questions

How do I calculate sell-through rate in Excel?
Divide units sold by units received: =units_sold / units_received, as a percentage. 70% means most of the batch sold.
What's a good sell-through rate?
It depends on the product and season, but ~70–80% over a season is a common target; below it suggests a markdown.
How is sell-through used?
Low sell-through flags stock for markdown; high early sell-through signals a reorder.

Stop fighting formulas. Learn them in a day.

This recipe is one of hundreds of real-world formulas we teach. Our Excel Formulas & Functions class covers lookups, logic, text, and dynamic arrays hands-on — live in Dallas–Fort Worth, Houston, Austin, Oklahoma City, Denver, or online.

See the Formulas & Functions Class

Related formulas: Inventory turnover · Reorder point · Discount markdown pricing