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.

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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 …

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 …

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

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

Researchers at the library discovered the poems while carrying out an inventory of documents. A full inventory is conducted every time there is a change of personnel. Occasionally they close …

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

Dec 23, 2025 · Inventory refers to goods ready for sale or the raw materials used to produce them. It is an essential corporate asset, since it is used to generate revenue in many industries.

Jul 23, 2025 · What is Inventory? The term inventory includes both the manufactured products that are available for sale and the raw materials utilized in the manufacturing process.