inventory
Definition 1
A company's merchandise, raw materials, and finished and unfinished products which have not yet been sold. These are considered liquid assets, since they can be converted into cash quite easily. There are various means of valuing these assets, but to be conservative the lowest value is usually used in financial statements.
Definition 2
The securities bought by a broker or dealer in order to resell them. For the period that the broker or dealer holds the securities in inventory, he/she is bearing the risk related to the securities, which may change in price.
A company's merchandise, raw materials, and finished and unfinished products which have not yet been sold. These are considered liquid assets, since they can be converted into cash quite easily. There are various means of valuing these assets, but to be conservative the lowest value is usually used in financial statements.
Definition 2
The securities bought by a broker or dealer in order to resell them. For the period that the broker or dealer holds the securities in inventory, he/she is bearing the risk related to the securities, which may change in price.
Related Terms
Mentioned in these terms
Related Terms on BusinessDictionary
perpetual inventory method (PIM)
inventory days
average cost (AVCO) method
continuous replenishment program (CRP)
inventory analysis
number of days of inventory on hand
last in, first out (LIFO)
work in process
channel stuffing
inventory to cost of sales ratio
inventory to working capital ratio
inventory variance
material requirements planning (MRP/MRP-I)
payables to inventory ratio
just in time (JIT) inventory
inventory turnover
zero inventories
preventive controls
First-in, last-out (FILO)
probabilistic inventory control
retail inventory method
deterministic inventory control
stocktaking
optimized production technology (OPT)
inventory record
first-in, first-out (FIFO)
order point system
total debt to inventory
trust receipt
backflushing
inventory value
economic order interval (EOI)
turnover ratios
rate of turnover
control ratio
book inventory system
unit control system
periodic inventory method
just in time manufacturing
ABC inventory classification
inventory adjustments
moving average inventory cost
vendor managed inventory (VMI)
current liabilities to inventory ratio
pilferage
planned investment
asset turnover ratio
cycle count
working asset
service level
obsolete stock
executive information system (EIS)
business-to-business auction
level load
inventory loading
stock policy
seven wastes
online transaction processing (OLTP)
fixed and floating charge
expendable item
decoupling stock
inventory management
active inventory
stock record
ship's stores
floating charge
fill rate
augmented product
liquidity trap
recurring demand
actual demand
stock site
short supply
operations research (OR)
collaborative planning, forecasting, and replenishment (CPFR)
automatic cover
month-end closing
procurement
inventory process
affiliate model
shrinkage factor
available stock
pull ordering system
logistics
direct mail
after-acquired clause
slotting fee
order fulfillment
co-managed inventory
available to promise
purchase cycle
distributed network model
inventory to cost-of-goods sold (COGS) ratio
agents technology
stores
solvency ratios
order picking
commerce server
fixed interval inventory model
average age of inventory
lower of cost or market value
distribution mix
allocated quantity
system dynamics (SD)
specific identification method
commercial finance company
fixed order quantity
machine hour
distribution model
allocated stock
time loan
standard price variance
order policy
fixed quantity inventory model
materials management
distribution requirement planning (DRP-I)
anticipation stock
stochastic inventory control
overabsorption
consignment stock
backflush costing
push ordering system
manufacturing execution system (MES)
drop shipper
inventory usage
overapplied overhead
theory of constraints (TOC)
inventory days
average cost (AVCO) method
continuous replenishment program (CRP)
inventory analysis
number of days of inventory on hand
last in, first out (LIFO)
work in process
channel stuffing
inventory to cost of sales ratio
inventory to working capital ratio
inventory variance
material requirements planning (MRP/MRP-I)
payables to inventory ratio
just in time (JIT) inventory
inventory turnover
zero inventories
preventive controls
First-in, last-out (FILO)
probabilistic inventory control
retail inventory method
deterministic inventory control
stocktaking
optimized production technology (OPT)
inventory record
first-in, first-out (FIFO)
order point system
total debt to inventory
trust receipt
backflushing
inventory value
economic order interval (EOI)
turnover ratios
rate of turnover
control ratio
book inventory system
unit control system
periodic inventory method
just in time manufacturing
ABC inventory classification
inventory adjustments
moving average inventory cost
vendor managed inventory (VMI)
current liabilities to inventory ratio
pilferage
planned investment
asset turnover ratio
cycle count
working asset
service level
obsolete stock
executive information system (EIS)
business-to-business auction
level load
inventory loading
stock policy
seven wastes
online transaction processing (OLTP)
fixed and floating charge
expendable item
decoupling stock
inventory management
active inventory
stock record
ship's stores
floating charge
fill rate
augmented product
liquidity trap
recurring demand
actual demand
stock site
short supply
operations research (OR)
collaborative planning, forecasting, and replenishment (CPFR)
automatic cover
month-end closing
procurement
inventory process
affiliate model
shrinkage factor
available stock
pull ordering system
logistics
direct mail
after-acquired clause
slotting fee
order fulfillment
co-managed inventory
available to promise
purchase cycle
distributed network model
inventory to cost-of-goods sold (COGS) ratio
agents technology
stores
solvency ratios
order picking
commerce server
fixed interval inventory model
average age of inventory
lower of cost or market value
distribution mix
allocated quantity
system dynamics (SD)
specific identification method
commercial finance company
fixed order quantity
machine hour
distribution model
allocated stock
time loan
standard price variance
order policy
fixed quantity inventory model
materials management
distribution requirement planning (DRP-I)
anticipation stock
stochastic inventory control
overabsorption
consignment stock
backflush costing
push ordering system
manufacturing execution system (MES)
drop shipper
inventory usage
overapplied overhead
theory of constraints (TOC)
free stock
quarantine stock
manufacturing lead time
economic inventory
asset conversion loan
stock control
contingency stock
goods in transit
backorder
quick response
mark down
stock cover
Pareto principle
gross profit method of inventory valuation
basic stock
economic order quantity (EOQ)
JIT
two bin system
stock in trade
part number
GUS classification
reorder point
effective stock
job-out liquidator
unascertained goods
stock in transit
hard cost
highest-in, first-out (HIFO)
economic book value
retail inventory estimation method
mixed model production
just in time (JIT)
net realizable value of asset
stock keeping unit (SKU)
inventory cost
independent demand
bootstrapping
efficiency wage
revolving collateral
Monte Carlo method
non-monetary asset
Universal Product Code (UPC)
ABC analysis
stock norm
cost method
buffer stock
electronic commerce (E-Commerce)
rolling average inventory
months of inventory
kanban
operating asset
usage value analysis
stock on order
critical value analysis
business rules
electronic point of sale (EPOS)
rotable
physical inventory
kit
average current assets
stockout
enterprise applications
safety stock
knowledge map
trading assets
inflation accounting
stockout costs
inventory carrying cost
cash flows from operating activities
enterprise resource planning (ERP)
seasonal variation
weighted average cost of inventory
management accounting
stockout risk
inventory control
sell through
obsolescent stock
indirect method cash flow statement
exception count
working stock
planogramming
data capture
accounting policies
stockpiling
stock position
shelf life
operating activities
average inventory
floating asset
hard asset
accounting concepts
waste
customer order
acid test ratio
purchases account
term loan
capital resource
financial model
finished goods
obsolescence
commercial loan
asset-based lending
lagging indicators
push
turnover
ceiling
audit
par
storage
current asset
lot
land
floor
purchasing
collateral
market value
stock
quarantine stock
manufacturing lead time
economic inventory
asset conversion loan
stock control
contingency stock
goods in transit
backorder
quick response
mark down
stock cover
Pareto principle
gross profit method of inventory valuation
basic stock
economic order quantity (EOQ)
JIT
two bin system
stock in trade
part number
GUS classification
reorder point
effective stock
job-out liquidator
unascertained goods
stock in transit
hard cost
highest-in, first-out (HIFO)
economic book value
retail inventory estimation method
mixed model production
just in time (JIT)
net realizable value of asset
stock keeping unit (SKU)
inventory cost
independent demand
bootstrapping
efficiency wage
revolving collateral
Monte Carlo method
non-monetary asset
Universal Product Code (UPC)
ABC analysis
stock norm
cost method
buffer stock
electronic commerce (E-Commerce)
rolling average inventory
months of inventory
kanban
operating asset
usage value analysis
stock on order
critical value analysis
business rules
electronic point of sale (EPOS)
rotable
physical inventory
kit
average current assets
stockout
enterprise applications
safety stock
knowledge map
trading assets
inflation accounting
stockout costs
inventory carrying cost
cash flows from operating activities
enterprise resource planning (ERP)
seasonal variation
weighted average cost of inventory
management accounting
stockout risk
inventory control
sell through
obsolescent stock
indirect method cash flow statement
exception count
working stock
planogramming
data capture
accounting policies
stockpiling
stock position
shelf life
operating activities
average inventory
floating asset
hard asset
accounting concepts
waste
customer order
acid test ratio
purchases account
term loan
capital resource
financial model
finished goods
obsolescence
commercial loan
asset-based lending
lagging indicators
push
turnover
ceiling
audit
par
storage
current asset
lot
land
floor
purchasing
collateral
market value
stock
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