inventory of goods
61inventory valuation — stock valuation The valuation of stocks of raw material, work in progress, and finished goods. According to Statement of Standard Accounting Practice 9, stocks should be valued at the lower of cost or net realizable value and the costs incurred… …
62inventory — n 1. list, listing, tally, enumeration, numeration, census, poll, statistics; table, index, portfolio, directory, ledger, calendar, schedule; roster, register, account, description, record, rota, roll, statement; slate, bill, menu, sheet, score,… …
63inventory — The list of the stock of raw materials, goods in production, or finished goods owned and stored by a company, including details of their cost, value, and price. In a retail store, a similar list of items for sale …
64inventory management — noun The formal management of the timing and quantities of goods to be ordered and stocked by an organization in order that demand can always be satisfied without excess expenditure …
65inventory item — item which has been included on a detailed list of property or goods …
66inventory — n. List (as of the goods of a merchant or of a deceased person), roll, schedule, record, account, register. See catalogue …
67inventory turnover — /ˌɪnvənt(ə)ri tɜ:nəυvə/ noun especially US the total value of stock sold during a year, divided by the value of the goods remaining in stock …
68Days Sales Of Inventory - DSI — A financial measure of a company s performance that gives investors an idea of how long it takes a company to turn its inventory (including goods that are work in progress, if applicable) into sales. Generally, the lower (shorter) the DSI the… …
69Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
70Average Age Of Inventory — The average number of days it takes for a firm to sell a product it is currently holding as inventory to consumers. The formula to calculate the average age of inventory is C/G x 365, where C is the average cost of inventory at its present level… …
