COQDue - Defined

COQDue (Committed Quantity Due)

COQDue or "due to be sold" is related to committed quantity. It is calculated based upon the current date, open customer orders for the branch, and the item's settings for days supply. The purpose of this figure is to provide a quantity that shows the amount of the item that is due to be delivered to customers during a specific period of time. The time period is calculated based upon the current date and the item's days supply figure. For example, if today is June 6 and the item's day's supply is set to 14, the end of the "due to be sold" period would be June 20th. The quantity reported represents the unsold quantity committed to customer's orders that are due to be delivered prior to the determined period's end date (June 20th in the case of our example). Typically, this figure is used in purchasing to assist the purchaser with regard to ordering decisions, but is also used by certain notifications and other functions in the software.

COQDue is recalculated regularly as well as anytime quantity related activity involving the item occurs.