inventory cost
51carrying cost — ➔ cost1 * * * carrying cost UK US noun [C] ► ACCOUNTING, COMMERCE the cost of storing goods before they are sold: »Pushing the ownership of inventory backwards to the supplier reduces inventory carrying costs for the customer. ► ACCOUNTING… …
52Retail Inventory Method — An accounting procedure for estimating the value of a store s merchandise. This method calculates a store s total inventory value by taking the total retail value of the items that were originally in inventory, subtracting the total sales, then… …
53California Psychological Inventory — The California Psychological Inventory (CPI) is a self report inventory created by Harrison Gough and currently published by Consulting Psychologists Press. It was created in a similar manner to the Minnesota Multiphasic Personality Inventory… …
54days inventory — The level of inventory expressed as its equivalent in days of a portion of cost of goods sold for the year. Calculated by multiplying inventory by 365 and then dividing that product by cost of goods sold. American Banker Glossary …
55Days in inventory — Days in inventory(DII) is an efficiency ratio that measures the average number of days the company holds its inventory before selling it. The formula for DII is: where the average inventory is the average of inventory levels at the beginning and… …
56lower of cost or market — A basis for inventory valuation where the inventory value is set at the lower of acquisition cost or current replacement cost (market) …
57lower of cost or market — A basis for inventory valuation where the inventory value is set at the lower of acquisition cost or current replacement cost (market) …
58Two-Bin Inventory Control — An inventory control system used to monitor the quantity of an item left behind. The two bin inventory control method is mainly used for small or low value items. For example, when items in the first bin have finished, an order is placed to… …
59stockout cost — A cost that results from the absence of an item from inventory. Stockout costs may include the loss of a *sale and the costs of disruption to a Manufacturing process, depending on the nature of the item absent from inventory …
60Negative cost — is the cost of actually producing and shooting a film. It does not include such costs as distribution and promotion.[1] Low budget movies, for example The Blair Witch Project, can have promotional expenses that are much larger than the negative… …
