Stock (inventory): related pages

Current assets divided by current liabilities.

(current assets - stocks) ÷ current liabilities. A measure of a company's ability to pay short term debt.

The accrued cost of the goods (or services) supplied in a period; the difference between sales and gross profit.

A method of valuing stocks (inventory) for accounting purposes. Stocks issued are assumed to be the oldest available.

A method of valuing stocks (inventory) by assuming that the most recent purchases are used first.

A profit figure that is calculated using the cost of supplies at the cost of replacing supplies at current prices.

Net realisable value can be used used to calculate the value of assets when cost of purchase cannot be used

The cost shown in the profit and loss account as the result of a fall in the value of an asset.

Raw materials are the part of stocks that have been purchased for further processing but on which no work has yet been done.

The part of stocks (inventory) that has had some work done on it, but which has not yet been made into goods ready for sale.