First In First Out Definition

InvestorWords.com

First In First Out

Definition

FIFO. A method of valuing the cost of goods sold that uses the cost of the oldest items in inventory first.

This content can be found on the following page:

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback@investorguide.com

Tools

email to a friend
print this definition
cite this definition
link to this page

'First In First Out' appears in the definitions of these other terms on BusinessDictionary.com

Clayton's case, inventory value

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z