inventory of goods

  • 11inventory — ► NOUN (pl. inventories) 1) a complete list of items such as goods in stock or the contents of a building. 2) a quantity of goods in stock. ► VERB (inventories, inventoried) ▪ make an inventory of. ORIGIN Latin inventarium …

    English terms dictionary

  • 12inventory risk — ➔ risk1 * * * inventory risk UK US noun [C or U] ACCOUNTING, COMMERCE ► the chance that a company will be unable to sell its supply of goods, or that its value will go down: »The technology enabled retailers to keep leaner inventories, shifting… …

    Financial and business terms

  • 13inventory-to-sales ratio — ➔ ratio * * * inventory to sales ratio UK US noun [C] ACCOUNTING, COMMERCE ► a measure of the supply of goods that a company has compared to the amount it has sold during a particular period: »The inventory to sales ratio at the end of May was… …

    Financial and business terms

  • 14inventory controller — UK US noun [C] (also inventory manager) COMMERCE, PRODUCTION ► someone whose job is making sure that the right amount of goods, parts, and materials are available for sale: »She works as inventory controller for the Liquor Control Board …

    Financial and business terms

  • 15inventory count — UK US noun [C] (also stock count) COMMERCE, ACCOUNTING ► the counting of how many goods a shop or business has available for sale: do/conduct an inventory count »We employed an accounting firm to do an inventory count for us …

    Financial and business terms

  • 16Inventory — In ven*to*ry, v. t. [imp. & p. p. {Inventoried}; p. pr. & vb. n. {Inventorying}.] [Cf. F. inventorier.] To make an inventory of; to make a list, catalogue, or schedule of; to insert or register in an account of goods; as, a merchant inventories… …

    The Collaborative International Dictionary of English

  • 17inventory cost — UK US noun [S] COMMERCE, ACCOUNTING ► the cost of keeping goods somewhere, including the costs of storing them, insurance, taxes, etc.: »The company has been able to reduce the inventory cost at its own factories and at the dealers showrooms by… …

    Financial and business terms

  • 18inventory obsolescence — UK US noun [U] ACCOUNTING, COMMERCE ► the situation in which a company s supply of goods or materials is too old to be sold or used: »One of the risks associated with long manufacturing cycles is inventory obsolescence …

    Financial and business terms

  • 19inventory on hand — UK US noun [U] ACCOUNTING, COMMERCE ► the supply of goods or materials that a company has available for sale or use at a particular time: »The company keeps two months inventory on hand …

    Financial and business terms

  • 20inventory shrinkage — UK US noun [U] ACCOUNTING, COMMERCE ► the loss of part of a company s supply of goods or materials because of damage, stealing, etc.: »The company blamed its loss on inventory shrinkage from damage, theft and misplacement …

    Financial and business terms