Inventory meaning full#
→ beginning inventory → continuous inventory 2 a list of the goods and property owned by a particular person, organization, or country inventory of A full inventory of equipment will be maintained. Cash-and-carry outlets rely on a rapid turnover of stock to keep down inventory levels. in our warehouse youll find a large inventory of new. From Longman Business Dictionary inventory in‧ven‧tory / ˈɪnvəntri-tɔːri / noun ( plural inventories ) especially American English 1 ACCOUNTING the amount of stock, including RAW MATERIAL s, supplies and finished goods, that a company has at a particular time SYNstock BrE Companies have cut inventories sharply since the downturn began. nounplural noun inventories 1.1mainly North American A quantity of merchandise or goods held in stock. Some of the things in the shop were not listed in the inventory.Our store has the largest inventory in the mattress business.The company keeps a full inventory of its equipment.It is the most important component of working capital. But an excess or shortage of inventory is harmful. She made an inventory of everything in the apartment. Inventory refers to a companys goods and products that are ready to sell, along with the raw materials that are used to produce them. Meaning of Inventory: Inventory is the life blood of the industries.It is also used in budgeting to estimate future cash requirements. The concept is used in calculating the cost of goods sold, and in the materials management department as the starting point for reviewing how well inventory is being managed. 2 American English BBT all the goods in a shop SYN stock Examples from the Corpus inventory The meaning of INVENTORY is an itemized list of current assets. Inventory change is the difference between the inventory totals for the last reporting period and the current reporting period. ○○ noun ( plural inventories ) 1 LIST a list of all the things in a place inventory of We made an inventory of everything in the apartment.From Longman Dictionary of Contemporary English Related topics: Trade inventory in‧ven‧tory / ˈɪnvəntri $ -tɔːri /
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