Inventory

Business / Finance / Inventory: Goods purchased or manufactured by a business and held for production or sale. Inventory is often subdivided into raw materials, work in progress, and finished goods. See also Inventory Targets.

Inventory Cutoff

Business / Accounting / Inventory Cutoff: The determination of which items should be included in the year-end inventory balance. MORE

Inventory Targets

Business / Finance / Inventory Targets: The numbers of months of inventory that the user requires to be in stock at a given point in time. For Raw Materials, this amount represents the number of months of future production. For Finished Goo MORE

Periodic Inventory

Business / Accounting / Periodic Inventory: A Periodic Inventory is one whose balance is updated on a periodic basis, ie. every week/month/year. See Inventory . MORE

Inventory Turnover

Business / Finance / Inventory Turnover: The ratio of annual sales to average inventory, which measures the speed at which inventory is produced and sold. Low turnover is an unhealthy sign, indicating excess stocks and/or poor sales. MORE

Inventory Financing

Business / Finance / Inventory Financing: Used in the context of factoring and general finance to refer to loans to consumer product producers that use inventory as collateral. See also: Inventory loan. MORE

Inventory Loan

Business / Finance / Inventory Loan: A secured short-term loan to purchase inventory. The three basic forms are a blanket inventory lien, a trust receipt, and field warehousing financing. MORE

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