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 analysis
number of days of inventory on hand
last in, first out (LIFO)
inventory days
average cost (AVCO) method
continuous replenishment program (CRP)
payables to inventory ratio
just in time (JIT) inventory
work in process
channel stuffing
inventory to cost of sales ratio
inventory to working capital ratio
inventory variance
material requirements planning (MRP/MRP-I)
inventory turnover
unit control system
periodic inventory method
just in time manufacturing
inventory adjustments
ABC inventory classification
moving average inventory cost
vendor managed inventory (VMI)
current liabilities to inventory ratio
pilferage
asset turnover ratio
planned investment
cycle count
working asset
zero inventories
preventive controls
probabilistic inventory control
First-in, last-out (FILO)
retail inventory method
stocktaking
deterministic inventory control
optimized production technology (OPT)
inventory record
first-in, first-out (FIFO)
order point system
total debt to inventory
trust receipt
backflushing
inventory value
turnover ratios
economic order interval (EOI)
rate of turnover
control ratio
book inventory system
net realizable value of asset
just in time (JIT)
inventory cost
independent demand
stock keeping unit (SKU)
revolving collateral
Monte Carlo method
bootstrapping
efficiency wage
non-monetary asset
Universal Product Code (UPC)
cost method
ABC analysis
stock norm
rolling average inventory
months of inventory
buffer stock
electronic commerce (E-Commerce)
operating asset
usage value analysis
kanban
critical value analysis
stock on order
rotable
business rules
electronic point of sale (EPOS)
average current assets
physical inventory
kit
stockout
safety stock
enterprise applications
trading assets
knowledge map
inventory carrying cost
inflation accounting
stockout costs
seasonal variation
cash flows from operating activities
enterprise resource planning (ERP)
weighted average cost of inventory
inventory control
management accounting
stockout risk
sell through
obsolescent stock
indirect method cash flow statement
exception count
working stock
planogramming
data capture
accounting policies
stockpiling
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
stock record
decoupling stock
inventory management
active inventory
floating charge
fill rate
ship's stores
liquidity trap
augmented product
actual demand
stock site
recurring demand
collaborative planning, forecasting, and replenishment (CPFR)
short supply
inventory analysis
number of days of inventory on hand
last in, first out (LIFO)
inventory days
average cost (AVCO) method
continuous replenishment program (CRP)
payables to inventory ratio
just in time (JIT) inventory
work in process
channel stuffing
inventory to cost of sales ratio
inventory to working capital ratio
inventory variance
material requirements planning (MRP/MRP-I)
inventory turnover
unit control system
periodic inventory method
just in time manufacturing
inventory adjustments
ABC inventory classification
moving average inventory cost
vendor managed inventory (VMI)
current liabilities to inventory ratio
pilferage
asset turnover ratio
planned investment
cycle count
working asset
zero inventories
preventive controls
probabilistic inventory control
First-in, last-out (FILO)
retail inventory method
stocktaking
deterministic inventory control
optimized production technology (OPT)
inventory record
first-in, first-out (FIFO)
order point system
total debt to inventory
trust receipt
backflushing
inventory value
turnover ratios
economic order interval (EOI)
rate of turnover
control ratio
book inventory system
net realizable value of asset
just in time (JIT)
inventory cost
independent demand
stock keeping unit (SKU)
revolving collateral
Monte Carlo method
bootstrapping
efficiency wage
non-monetary asset
Universal Product Code (UPC)
cost method
ABC analysis
stock norm
rolling average inventory
months of inventory
buffer stock
electronic commerce (E-Commerce)
operating asset
usage value analysis
kanban
critical value analysis
stock on order
rotable
business rules
electronic point of sale (EPOS)
average current assets
physical inventory
kit
stockout
safety stock
enterprise applications
trading assets
knowledge map
inventory carrying cost
inflation accounting
stockout costs
seasonal variation
cash flows from operating activities
enterprise resource planning (ERP)
weighted average cost of inventory
inventory control
management accounting
stockout risk
sell through
obsolescent stock
indirect method cash flow statement
exception count
working stock
planogramming
data capture
accounting policies
stockpiling
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
stock record
decoupling stock
inventory management
active inventory
floating charge
fill rate
ship's stores
liquidity trap
augmented product
actual demand
stock site
recurring demand
collaborative planning, forecasting, and replenishment (CPFR)
short supply
operations research (OR)
procurement
automatic cover
month-end closing
affiliate model
inventory process
shrinkage factor
pull ordering system
logistics
available stock
after-acquired clause
direct mail
co-managed inventory
slotting fee
order fulfillment
purchase cycle
available to promise
agents technology
stores
distributed network model
inventory to cost-of-goods sold (COGS) ratio
commerce server
fixed interval inventory model
solvency ratios
order picking
lower of cost or market value
average age of inventory
allocated quantity
system dynamics (SD)
distribution mix
commercial finance company
fixed order quantity
specific identification method
machine hour
allocated stock
time loan
distribution model
fixed quantity inventory model
standard price variance
order policy
materials management
anticipation stock
distribution requirement planning (DRP-I)
consignment stock
stochastic inventory control
overabsorption
push ordering system
manufacturing execution system (MES)
backflush costing
drop shipper
inventory usage
theory of constraints (TOC)
free stock
overapplied overhead
quarantine stock
manufacturing lead time
asset conversion loan
economic inventory
contingency stock
goods in transit
stock control
quick response
mark down
backorder
gross profit method of inventory valuation
stock cover
Pareto principle
basic stock
two bin system
economic order quantity (EOQ)
JIT
GUS classification
stock in trade
part number
reorder point
unascertained goods
effective stock
job-out liquidator
hard cost
highest-in, first-out (HIFO)
stock in transit
retail inventory estimation method
mixed model production
economic book value
accounting concepts
waste
customer order
stock position
shelf life
operating activities
average inventory
floating asset
hard asset
acid test ratio
purchases account
capital resource
term loan
obsolescence
financial model
finished goods
lagging indicators
commercial loan
asset-based lending
push
turnover
ceiling
audit
par
storage
current asset
land
lot
floor
purchasing
collateral
market value
stock
procurement
automatic cover
month-end closing
affiliate model
inventory process
shrinkage factor
pull ordering system
logistics
available stock
after-acquired clause
direct mail
co-managed inventory
slotting fee
order fulfillment
purchase cycle
available to promise
agents technology
stores
distributed network model
inventory to cost-of-goods sold (COGS) ratio
commerce server
fixed interval inventory model
solvency ratios
order picking
lower of cost or market value
average age of inventory
allocated quantity
system dynamics (SD)
distribution mix
commercial finance company
fixed order quantity
specific identification method
machine hour
allocated stock
time loan
distribution model
fixed quantity inventory model
standard price variance
order policy
materials management
anticipation stock
distribution requirement planning (DRP-I)
consignment stock
stochastic inventory control
overabsorption
push ordering system
manufacturing execution system (MES)
backflush costing
drop shipper
inventory usage
theory of constraints (TOC)
free stock
overapplied overhead
quarantine stock
manufacturing lead time
asset conversion loan
economic inventory
contingency stock
goods in transit
stock control
quick response
mark down
backorder
gross profit method of inventory valuation
stock cover
Pareto principle
basic stock
two bin system
economic order quantity (EOQ)
JIT
GUS classification
stock in trade
part number
reorder point
unascertained goods
effective stock
job-out liquidator
hard cost
highest-in, first-out (HIFO)
stock in transit
retail inventory estimation method
mixed model production
economic book value
accounting concepts
waste
customer order
stock position
shelf life
operating activities
average inventory
floating asset
hard asset
acid test ratio
purchases account
capital resource
term loan
obsolescence
financial model
finished goods
lagging indicators
commercial loan
asset-based lending
push
turnover
ceiling
audit
par
storage
current asset
land
lot
floor
purchasing
collateral
market value
stock
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