inventory value (cost)

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• Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

• Value Measuring Methodology — (or VMM) is a tool that helps planners balance both tangible and intangible values when making investment decisions, and monitor benefits.Formal methods to calculate the Return on Investment (or ROI) have been widely understood and used for a… …   Wikipedia

• Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

• Inventory valuation — INVENTORIES AND FINANCIAL STATEMENTS Inventories are usually the largest current asset of a business, and proper measurement of them is necessary to assure accurate financial statements. If inventory is not properly measured, expenses and… …   Wikipedia

• cost of sales — 1. in retailing : the purchase cost or inventory value of merchandise sold during a stated period plus the cost of direct work thereon (as alterations or workroom charges) 2. in manufacturing : the production cost or inventory value of goods sold …   Useful english dictionary

• inventory valuation — ➔ valuation * * * inventory valuation UK US noun [C or U] (also stock valuation) ACCOUNTING ► a calculation of the value of the products or materials that a company has available for sale or use at the end of a particular accounting period, or… …   Financial and business terms

• inventory — inventoriable, adj. inventorial, adj. inventorially, adv. /in veuhn tawr ee, tohr ee/, n., pl. inventories, v., inventoried, inventorying. n. 1. a complete listing of merchandise or stock on hand, work in progress, raw materials, finished goods… …   Universalium

• Inventory turnover — The Inventory Turnover is an equation that equals the cost of goods sold divided by the average inventory. Average inventory equals beginning inventory plus ending inventory divided by 2. Inventory Turnover EquationThe formula for inventory… …   Wikipedia

• Inventory turns — In business management, inventory turns often referred to as stockturn,stock turns, turns, and stock turnover. This measures the number of times invested in goods to be sold or used over in a year. mbox{Inventory Turns} = frac{Cost of Goods Sold… …   Wikipedia

• inventory — the value of all the stock of physical items that a business uses in its production process or has for sale in the ordinary course of doing business. Glossary of Business Terms A category of goods defined by Article 9 of the Uniform Commercial… …   Financial and business terms

• Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia