Copilot gives you faster and more comprehensive item summaries with new KPIs and data points from the new Item Statistics page. To open the page use the Item Statistics action on the Item Card page. The page provides financial and performance metrics for an item across different time periods.

Current Inventory Value: Track the current inventory value (in local currency), calculated as the sum of Cost Amount (Actual) + Cost Amount (Expected) on posted value entries for this item.
Expired Inventory Value: Identify obsolete stock for timely action. Applicable for items with enabled item tracking and expiration dates. Calculated as the sum of Cost Amount (Actual) + Cost Amount (Expected) from value entries applied to open item ledger entries with an expiration date that's before the work date.

The Sales section displays four time period columns with multiple metrics per period.

Time periods:

This Fiscal Period: Current accounting period in the fiscal year
This Fiscal Year: Current fiscal year to date
Last Fiscal Year: Previous fiscal year
Lifetime: All transactions since the item was created

Sales metrics:

Sales Growth Rate (%): Compare current and prior periods to identify demand trends. Calculated as (Sales in the current period in the fiscal year - Sales in the prior period in the fiscal year) ÷ Sales in the prior period in the fiscal year. A positive value indicates growth, while a negative value indicates a decline in sales.
Net Sales (LCY): View actual revenue after returns and discounts. Calculated as Total sales in the period - Total returns - Total given discounts.
Gross Margin (%): Assess profitability by comparing revenue to cost of goods sold (COGS). Calculated as (Net Sales - COGS) ÷ Net Sales. A higher percentage reflects better profitability.
Return Rate (%): Monitor product quality and customer satisfaction through return ratios. Calculated as Returned Quantity ÷ Total Sold Quantity. A lower percentage indicates fewer returns and higher product acceptance.

When you turn on the Summarize with Copilot capability, you automatically enable these enhancements.