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INV

Inventory

Inventory is a Term describing the products (Goods, merchandize) or materials (Raw Material, packaging materials) a business holds for the purpose to Sell and Manufacture sellable products or Repair products.

In Financial reports (Statement Of Financial Position) Inventory is the value of these products.

Alternative names for Inventory include: Stock. ABC Analysis Field Safety Notice GOLF Classification t:HML Seasonal/Off-seasonal t:VED t:XYZ First In, First Out First Expired, First Out (FEFO) Last In, First Out Make-to-Stock Stock Keeping Unit Days Of Inventory Days Of Raw Materials Inventory Days Of WIP Inventory Days Of Finished Goods Inventory

Hierarchy

IDNameLevelx
INVInventory1INV
RMRaw Material2RM
WIPWork-in-Process2WIP
FGFinished Goods2FG

Metric(s)

IDNameLevelx
AE12Days of Inventory2AE12
AE121Days of Raw Materials Inventory3AE121
AE122Days of WIP Inventory3AE122
AE123Days of Finished Goods Inventory3AE123

Term(s)

IDNameClearx
ABCABC AnalysisABC
FSNField Safety NoticeFSN
FEFOFirst Expired, First Out (FEFO)FEFO
FIFOFirst In, First OutFIFO
LIFOLast In, First OutLIFO
MTSMake-to-StockMTS
CSFPStatement of Financial PositionCSFP
SKUStock Keeping UnitSKU
WCWorking CapitalWC
Inventory 0 1 A term describing the products (goods, merchandize) or materials (raw materials, packaging materials) a business holds for the purpose to sell, manufacture sellable products or repair products