diff --git a/erpnext/stock/page/stock_ageing/README.md b/erpnext/stock/page/stock_ageing/README.md
deleted file mode 100644
index e8597b2..0000000
--- a/erpnext/stock/page/stock_ageing/README.md
+++ /dev/null
@@ -1 +0,0 @@
-Average "age" of an Item in a particular Warehouse based on First-in-first-out (FIFO).
\ No newline at end of file
diff --git a/erpnext/stock/page/stock_ageing/__init__.py b/erpnext/stock/page/stock_ageing/__init__.py
deleted file mode 100644
index baffc48..0000000
--- a/erpnext/stock/page/stock_ageing/__init__.py
+++ /dev/null
@@ -1 +0,0 @@
-from __future__ import unicode_literals
diff --git a/erpnext/stock/page/stock_ageing/stock_ageing.js b/erpnext/stock/page/stock_ageing/stock_ageing.js
deleted file mode 100644
index f774010..0000000
--- a/erpnext/stock/page/stock_ageing/stock_ageing.js
+++ /dev/null
@@ -1,183 +0,0 @@
-// Copyright (c) 2013, Web Notes Technologies Pvt. Ltd. and Contributors
-// License: GNU General Public License v3. See license.txt
-
-
-frappe.pages['stock-ageing'].onload = function(wrapper) { 
-	frappe.ui.make_app_page({
-		parent: wrapper,
-		title: __('Stock Ageing'),
-		single_column: true
-	});
-
-	new erpnext.StockAgeing(wrapper);
-	
-
-	wrapper.appframe.add_module_icon("Stock")
-	
-}
-
-frappe.require("assets/erpnext/js/stock_grid_report.js");
-
-erpnext.StockAgeing = erpnext.StockGridReport.extend({
-	init: function(wrapper) {
-		this._super({
-			title: __("Stock Ageing"),
-			page: wrapper,
-			parent: $(wrapper).find('.layout-main'),
-			appframe: wrapper.appframe,
-			doctypes: ["Item", "Warehouse", "Stock Ledger Entry", "Item Group", "Brand", "Serial No"],
-		})
-	},
-	setup_columns: function() {
-		this.columns = [
-			{id: "name", name: __("Item"), field: "name", width: 300,
-				link_formatter: {
-					open_btn: true,
-					doctype: '"Item"'
-				}},
-			{id: "item_name", name: __("Item Name"), field: "item_name", 
-				width: 100, formatter: this.text_formatter},
-			{id: "description", name: __("Description"), field: "description", 
-				width: 200, formatter: this.text_formatter},
-			{id: "brand", name: __("Brand"), field: "brand", width: 100},
-			{id: "average_age", name: __("Average Age"), field: "average_age",
-				formatter: this.currency_formatter},
-			{id: "earliest", name: __("Earliest"), field: "earliest",
-				formatter: this.currency_formatter},
-			{id: "latest", name: __("Latest"), field: "latest",
-				formatter: this.currency_formatter},
-			{id: "stock_uom", name: "UOM", field: "stock_uom", width: 100},
-		];
-	},
-	filters: [
-		{fieldtype:"Select", label: __("Warehouse"), link:"Warehouse", 
-			default_value: "Select Warehouse..."},
-		{fieldtype:"Select", label: __("Brand"), link:"Brand", 
-			default_value: "Select Brand...", filter: function(val, item, opts) {
-				return val == opts.default_value || item.brand == val;
-			}, link_formatter: {filter_input: "brand"}},
-		{fieldtype:"Select", label: __("Plot By"), 
-			options: ["Average Age", "Earliest", "Latest"]},
-		{fieldtype:"Date", label: __("To Date")},
-		{fieldtype:"Button", label: __("Refresh"), icon:"icon-refresh icon-white"},
-		{fieldtype:"Button", label: __("Reset Filters"), icon: "icon-filter"}
-	],
-	setup_filters: function() {
-		var me = this;
-		this._super();
-		this.trigger_refresh_on_change(["warehouse", "plot_by", "brand"]);
-		this.show_zero_check();
-	},
-	init_filter_values: function() {
-		this._super();
-		this.filter_inputs.to_date.val(dateutil.obj_to_user(new Date()));
-	},
-	prepare_data: function() {
-		var me = this;
-				
-		if(!this.data) {
-			me._data = frappe.report_dump.data["Item"];
-			me.item_by_name = me.make_name_map(me._data);
-		}
-		
-		this.data = [].concat(this._data);
-		
-		this.serialized_buying_rates = this.get_serialized_buying_rates();
-		
-		$.each(this.data, function(i, d) {
-			me.reset_item_values(d);
-		});
-		
-		this.prepare_balances();
-		
-		// filter out brand
-		this.data = $.map(this.data, function(d) {
-			return me.apply_filter(d, "brand") ? d : null;
-		});
-		
-		// filter out rows with zero values
-		this.data = $.map(this.data, function(d) {
-			return me.apply_zero_filter(null, d, null, me) ? d : null;
-		});
-	},
-	prepare_balances: function() {
-		var me = this;
-		var to_date = dateutil.str_to_obj(this.to_date);
-		var data = frappe.report_dump.data["Stock Ledger Entry"];
-
-		this.item_warehouse = {};
-
-		for(var i=0, j=data.length; i<j; i++) {
-			var sl = data[i];
-			var posting_date = dateutil.str_to_obj(sl.posting_date);
-			
-			if(me.is_default("warehouse") ? true : me.warehouse == sl.warehouse) {
-				var wh = me.get_item_warehouse(sl.warehouse, sl.item_code);
-				
-				// call diff to build fifo stack in item_warehouse
-				var diff = me.get_value_diff(wh, sl, true);
-
-				if(posting_date > to_date) 
-					break;
-			}
-		}
-		
-		$.each(me.data, function(i, item) {
-			var full_fifo_stack = [];
-			if(me.is_default("warehouse")) {
-				$.each(me.item_warehouse[item.name] || {}, function(i, wh) {
-					full_fifo_stack = full_fifo_stack.concat(wh.fifo_stack || [])
-				});
-			} else {
-				full_fifo_stack = me.get_item_warehouse(me.warehouse, item.name).fifo_stack || [];
-			}
-			
-			var age_qty = total_qty = 0.0;
-			var min_age = max_age = null;
-			
-			$.each(full_fifo_stack, function(i, batch) {
-				var batch_age = dateutil.get_diff(me.to_date, batch[2]);
-				age_qty += batch_age * batch[0];
-				total_qty += batch[0];
-				max_age = Math.max(max_age, batch_age);
-				if(min_age===null) min_age=batch_age;
-				else min_age = Math.min(min_age, batch_age);
-			});
-			
-			item.average_age = total_qty.toFixed(2)==0.0 ? 0 
-				: (age_qty / total_qty).toFixed(2);
-			item.earliest = max_age || 0.0;
-			item.latest = min_age || 0.0;
-		});
-		
-		this.data = this.data.sort(function(a, b) { 
-			var sort_by = me.plot_by.replace(" ", "_").toLowerCase();
-			return b[sort_by] - a[sort_by]; 
-		});
-	},
-	get_plot_data: function() {
-		var data = [];
-		var me = this;
-
-		data.push({
-			label: me.plot_by,
-			data: $.map(me.data, function(item, idx) {
-				return [[idx+1, item[me.plot_by.replace(" ", "_").toLowerCase() ]]]
-			}),
-			bars: {show: true},
-		});
-				
-		return data.length ? data : false;
-	},
-	get_plot_options: function() {
-		var me = this;
-		return {
-			grid: { hoverable: true, clickable: true },
-			xaxis: {  
-				ticks: $.map(me.data, function(item, idx) { return [[idx+1, item.name]] }),
-				max: 15
-			},
-			series: { downsample: { threshold: 1000 } }
-		}
-	}	
-});
\ No newline at end of file
diff --git a/erpnext/stock/page/stock_ageing/stock_ageing.json b/erpnext/stock/page/stock_ageing/stock_ageing.json
deleted file mode 100644
index 34c259e..0000000
--- a/erpnext/stock/page/stock_ageing/stock_ageing.json
+++ /dev/null
@@ -1,23 +0,0 @@
-{
- "creation": "2012-09-21 20:15:14.000000", 
- "docstatus": 0, 
- "doctype": "Page", 
- "icon": "icon-table", 
- "idx": 1, 
- "modified": "2013-07-11 14:44:08.000000", 
- "modified_by": "Administrator", 
- "module": "Stock", 
- "name": "stock-ageing", 
- "owner": "Administrator", 
- "page_name": "stock-ageing", 
- "roles": [
-  {
-   "role": "Analytics"
-  }, 
-  {
-   "role": "Material Manager"
-  }
- ], 
- "standard": "Yes", 
- "title": "Stock Ageing"
-}
\ No newline at end of file
diff --git a/erpnext/stock/report/stock_ageing/stock_ageing.py b/erpnext/stock/report/stock_ageing/stock_ageing.py
index fb5e9f9..b0cd6c2 100644
--- a/erpnext/stock/report/stock_ageing/stock_ageing.py
+++ b/erpnext/stock/report/stock_ageing/stock_ageing.py
@@ -42,13 +42,12 @@
 
 def get_fifo_queue(filters):
 	item_details = {}
-	prev_qty = 0.0
 	for d in get_stock_ledger_entries(filters):
 		item_details.setdefault(d.name, {"details": d, "fifo_queue": []})
 		fifo_queue = item_details[d.name]["fifo_queue"]
 
 		if d.voucher_type == "Stock Reconciliation":
-			d.actual_qty = flt(d.qty_after_transaction) - flt(prev_qty)
+			d.actual_qty = flt(d.qty_after_transaction) - flt(item_details[d.name].get("qty_after_transaction", 0))
 
 		if d.actual_qty > 0:
 			fifo_queue.append([d.actual_qty, d.posting_date])
@@ -66,7 +65,7 @@
 					batch[0] -= qty_to_pop
 					qty_to_pop = 0
 
-		prev_qty = d.qty_after_transaction
+		item_details[d.name]["qty_after_transaction"] = d.qty_after_transaction
 
 	return item_details
 
diff --git a/erpnext/stock/utils.py b/erpnext/stock/utils.py
index b444e84..889c30c 100644
--- a/erpnext/stock/utils.py
+++ b/erpnext/stock/utils.py
@@ -100,7 +100,7 @@
 	"""get FIFO (average) Rate from Queue"""
 	if qty >= 0:
 		total = sum(f[0] for f in previous_stock_queue)
-		return total and sum(f[0] * f[1] for f in previous_stock_queue) / flt(total) or 0.0
+		return sum(flt(f[0]) * flt(f[1]) for f in previous_stock_queue) / flt(total) if total else 0.0
 	else:
 		available_qty_for_outgoing, outgoing_cost = 0, 0
 		qty_to_pop = abs(qty)