inventory value
21Inventory Reserve — An accounting entry that represents a deduction from earnings for the purpose of fairly and reasonably representing the value of inventoried assets on a balance sheet. The inventory reserve is used to make up for the fact that all inventory will… …
22Inventory control problem — The inventory control problem is a type of problem encountered within the field of optimal control. ConceptsOne issue is infrequent large orders vs. frequent small orders. Calculating shipping costs, volume discounts, storage costs, and capital… …
23inventory — An itemized list or schedule of articles in a stock of goods or merchandise, usually including notations of values. 29A Am J Rev ed Ins § 946. The foundation of the bookkeeping required by the bookkeeping clause of a fire insurance policy… …
24inventory — A detailed list of articles of property; a list or schedule of property and other assets, containing a designation or description of each specific article; quantity of goods or materials on hand or in stock; an itemized list of the various items… …
25inventory — A detailed list of articles of property; a list or schedule of property and other assets, containing a designation or description of each specific article; quantity of goods or materials on hand or in stock; an itemized list of the various items… …
26inventory 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 …
27inventory 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… …
28inventory 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… …
29inventory — 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 …
30Retail 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… …
