Home > Glossary > I > Inventory
Illustration

Inventory

Inventory is a goods a business holds for sale or use in production. It includes raw materials, work-in-progress, and finished goods. Inventory is a current asset on the balance sheet and directly affects cost of goods sold and cash flow. Proper tracking helps avoid stockouts or overstocking.

More Items

Investment Portfolio

An investment portfolio is a collection of financial assets such as stocks, bonds, and other securities held by a business…

Interest Accrual

Interest accrual refers to the recognition of interest expense or income over time, even if it has not yet been…

Income Distribution

Income distribution refers to how profits are allocated among stakeholders, such as shareholders, employees, or reinvestment in the business. It includes dividends,…