I think it’s worth it for some items, and not worth it for others. It’s one of those things where one really has to develop a system tailored for their own usage of items.

For me personally, I try to make sure any of my electronics/tech stuff that I don’t use frequently is stored in a box with a corresponding Excel sheet. This includes an inventory of cables and power chargers too, with things like quantity, brand, cable length, etc.

For other items that I use more frequently, I don’t add them to the Excel sheet because constantly having to check out/check in items would be a huge pain in the ass.