inventory of goods
21inventory — (n.) early 15c., from O.Fr. inventoire inventory, detailed list of goods, catalogue, from M.L. inventorium (L.L. inventarium) list of what is found, from L. inventus, pp. of invenire to find (see INVENTION (Cf. invention)). The verb is first… …
22inventory — meaning ‘an official list of goods etc.’, is pronounced in vǝn tǝ ri in BrE and in vǝn taw ri in AmE …
23inventory goods — Goods held by a person for sale, lease, or furnishing under a contract of service, raw materials, work in process, or materials used or consumed in a business. UCC § 9 109(4) …
24Inventory valuation — INVENTORIES AND FINANCIAL STATEMENTS Inventories are usually the largest current asset of a business, and proper measurement of them is necessary to assure accurate financial statements. If inventory is not properly measured, expenses and… …
25inventory — inventoriable, adj. inventorial, adj. inventorially, adv. /in veuhn tawr ee, tohr ee/, n., pl. inventories, v., inventoried, inventorying. n. 1. a complete listing of merchandise or stock on hand, work in progress, raw materials, finished goods… …
26Inventory — For companies: Raw materials, items available for sale or in the process of being made ready for sale. They can be individually valued by several different means, including cost or current market value, and collectively by FIFO, LIFO or other… …
27Inventory turnover — The Inventory Turnover is an equation that equals the cost of goods sold divided by the average inventory. Average inventory equals beginning inventory plus ending inventory divided by 2. Inventory Turnover EquationThe formula for inventory… …
28Inventory — The raw materials, work in process goods and completely finished goods that are considered to be the portion of a business s assets that are ready or will be ready for sale. Inventory represents one of the most important assets that most… …
29inventory — in|ven|to|ry1 [ ınvən,tɔri ] noun 1. ) uncount AMERICAN all the goods available for sale in a store at a particular time: At the end of the season our inventory is low (=we do not have many goods available). take inventory (=make a list of goods) …
30inventory — stock; stock in trade 1) The products or supplies of an organization on hand or in transit at any time. For a manufacturing company the types of inventory are raw materials, work in progress, and finished goods. An inventory count usually takes… …
