Inventory Profit

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Inventory Profit

In accounting, the increase in value of an asset during the time it is held. Inventory profit may occur through appreciation, but it is most often the result of inflation. That is, the increase in the asset's value is usually the result of the reduction in the value of the currency. Inventory profit is typically only a minor piece of a company's total profit. See also: LIFO, FIFO.

inventory profit

Profit that results from the increase in value that assets undergo during the time they are held in inventory. Inventory profit, ordinarily due to general inflation, is not considered to be of high quality because it is incidental to the firm's main business. See also first-in, first-out, last-in, first-out.

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Earnings Quality			The use of FIFO would have triggered recognition of most of the inventory profit created by this bargain purchase. Inventory acquisition and dollar-value LIFO - the effect of bargain ... by Maples, Larry / Tax Executive The accounting theory supporting LIFO is the belief that it provides a better matching of current costs with current revenues, thereby eliminating inventory profits from the taxpayer's earnings. Base-year updates can improve quality of LIFO calculations, yet are ... by Staley, Dan / The Tax Adviser As the shufflers were en route from Vienna on October 31, 2006 and had not yet been received in Las Vegas, the inventory was accrued at the appropriate cost as defined in our transfer pricing policy; however, the remaining inter-company inventory profit was inadvertently not eliminated. Shuffle Master, Inc. Reports Restatement of Fiscal 2006 and Provides ... by Business Wire			Intracompany Trade Intraday Intraday High Intraday Intensity Index Intramarket Sector Spread Intrapreneur Intrapreneurship Intrarrueda Intrastate Offering intrinsic value Intrinsic value of a firm Intrinsic Value of an Option Introducing Broker Inure Inutilizzabile Inv Invasion Powers Invecchiamento Inventario Inventario aperto Inventario inicial inventory Inventory Accounting Inventory Financing Inventory Loan Inventory Profit Inventory Turnover Inventory Valuation inverse condemnation Inverse Floater Inverse Floating-Rate Note Inverse Order Inversion Inversion directa Inversion extranjera directa Inversion por valor Inversione di tendenza Inversiones en bienes de capital Inversiones socialmente responsables Inversionista institucional Inversor de lotes incompletos Inversor institucional Inversor minorista Inverted Formation Inverted Market Inverted Saucer Inverted Scale Inverted Yield Curve Invest in Canada Invest, Then Investigate Invested Capital			Inventory of Functional Status-Antepartum Period Inventory of Greek Coin Hoards Inventory of Interpersonal Problems Circumplex Scales Inventory of Long-Term Care Places Inventory of Negative Thoughts in Response to Pain Inventory of Offender Risk, Needs, and Strengths Inventory of Parent and Peer Attachment Inventory of Piaget's Developmental Tasks Inventory of Positive Psychological Attitudes Inventory of Potential Communicative Acts Inventory of Premarital Conflict Inventory of Preventive Measures Inventory of Religious Activities and Interests Inventory of Resources for Infectious Diseases in Europe Inventory Of Service Inventory of Sources for History of Twentieth Century Physics Inventory of Substance Abuse Treatment Services Inventory of Systems Inventory of the Dimensions of Emerging Adulthood Inventory of Work-Relevant Abilities Inventory on Loan Inventory Performance Management Inventory Price Index Computation Inventory Product Assurance Surveillance Inventory Profit Inventory Profits Inventory Program Management Service Inventory Project Report Inventory Projection Model Inventory Quality Ratio Inventory Re-balancing Center Inventory Record Inventory Record Accuracy Inventory Reduction Program Inventory Reduction Sale Inventory Regulations Inventory Sample Inventory Scale of Hypnotic Depth Inventory Service Manager Inventory Shipment Discrepancy Report Inventory Support Specialist Inventory Supported Maintenance Repair and Overhaul Inventory Temporarily In Use Inventory Tool for Custom Updates Inventory Tool for Microsoft Updates Inventory Tracking and Management System Inventory Tracking Number Inventory Tracking System Inventory Turn Rate

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