diff --git a/netbox/utilities/management/__init__.py b/netbox/utilities/management/__init__.py
new file mode 100644
index 000000000..e69de29bb
diff --git a/netbox/utilities/management/commands/__init__.py b/netbox/utilities/management/commands/__init__.py
new file mode 100644
index 000000000..e69de29bb
diff --git a/netbox/utilities/management/commands/calculate_cached_counts.py b/netbox/utilities/management/commands/calculate_cached_counts.py
new file mode 100644
index 000000000..d6f3bcbf2
--- /dev/null
+++ b/netbox/utilities/management/commands/calculate_cached_counts.py
@@ -0,0 +1,36 @@
+from django.core.management.base import BaseCommand
+from django.core.management.color import no_style
+
+from dcim.models import Device
+from virtualization.models import VirtualMachine
+
+
+def recalculate_device_counts():
+    for device in Device.objects.all():
+        device._console_port_count = device.consoleports.count()
+        device._console_server_port_count = device.consoleserverports.count()
+        device._interface_count = device.interfaces.count()
+        device._front_port_count = device.frontports.count()
+        device._rear_port_count = device.rearports.count()
+        device._device_bay_count = device.devicebays.count()
+        device._inventory_item_count = device.inventoryitems.count()
+        device._power_port_count = device.powerports.count()
+        device._power_outlet_count = device.poweroutlets.count()
+        device.save()
+
+
+def recalculate_virtual_machine_counts():
+    for vm in VirtualMachine.objects.all():
+        vm._interface_count = vm.interfaces.count()
+        vm.save()
+
+
+class Command(BaseCommand):
+    help = "Recalculate cached counts"
+
+    def handle(self, *model_names, **options):
+        self.stdout.write('Recalculating device counts...')
+        recalculate_device_counts()
+        self.stdout.write('Recalculating virtual machine counts...')
+        recalculate_virtual_machine_counts()
+        self.stdout.write(self.style.SUCCESS('Finished.'))