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 …

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.

: a list of traits, preferences, attitudes, interests, or abilities used to evaluate personal characteristics or skills. Noun We made an inventory of the library's collection. The dealer …

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

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 …

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 …

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.

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. …

Jul 23, 2025 · Geeky Takeaways: Inventory includes both raw materials used in the production of goods and finished goods for sale. Inventory is recorded as a current asset on a company's …