Oct 11, 2025 · Discover what inventory means, its essential types like raw materials and finished goods, and strategies for effective inventory management to enhance your business’s efficiency.

Inventory (British English) or stock (American English) is a quantity of the goods and materials that a business holds for the ultimate goal of resale, production or utilisation. [nb 1] Inventory …

The meaning of INVENTORY is an itemized list of current assets. How to use inventory in a sentence.

Jan 6, 2025 · As an accounting term, inventory is a current asset and represents the value of goods a company holds for sale or use. While having enough on hand is essential, excess …

INVENTORY meaning: 1. a detailed list of all the things in a place: 2. the act of counting of all the goods…. Learn more.

Definition of inventory noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

INVENTORY meaning: 1 : a complete list of the things that are in a place; 2 : a supply of goods that are stored in a place

May 25, 2025 · Inventory is an asset that is intended to be sold in the ordinary course of business. It is comprised of raw materials, work-in-process, and finished goods.

Jan 22, 2025 · Inventory refers to a business’s currently held supply of raw materials and finished goods. There are two primary categories of inventory: Businesses use inventory to turn a …

The inventory of a business is the amount or value of its raw materials, work in progress, and finished goods. Second-quarter growth slowed because distributors had too much inventory. …