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nouna detailed list of all the items in stock
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"they carried a vast inventory of hardware" "they stopped selling in exact sizes in order to reduce inventory"nounthe merchandise that a shop has on hand
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nouna collection of resourcestype of:
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"an inventory may be necessary to see if anything is missing" "they held an inventory every month"nounmaking an itemized list of merchandise or supplies on hand
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verbmake or include in an itemized record or report
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noun(accounting) the value of a firm's current assets including raw materials and work in progress and finished goodstype of:
Definition that contains inventory
- lifo inventory accounting in which the most recently acquired items are assumed to be the first sold
- last in first out inventory accounting in which the most recently acquired items are assumed to be the first sold
- fifo inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
- first in first out inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold