ending inventory


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Ending Inventory

Goods and materials available for sale at the end of an accounting period or fiscal year. Comparing the ending inventory to the beginning inventory may help a company determine whether it overestimated the materials it needs to operate, or customers' demand for their products.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

ending inventory

Goods available for sale at the end of an accounting period. Compare beginning inventory.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The ending inventory levels clocked in at 382,000 tonnes, up 4.4pc YoY.
Sugar sector has witnessed sizeable increase in ending inventory over the last two years.
However, overall surplus inventories are expected to persist (even after accounting for strategic reserves) for the sugar sector given significant ending inventory at end of financial year 2017-18.
The final regulations detail the proper calculation of ending inventory values under the retail-inventory method, and provide alternative calculation methods for taxpayers using the retail-lower-of-cost-or-market (retail-LCM) method of accounting to account for margin protection payments.
This month we will outline a plan for creating the next four queries and then complete the first one, Desired Ending Inventory.
But to get the correct purchases amount, you must add the value of starting inventory and subtract the value of ending inventory. Say you purchased 10 special-order windows for $300 each.
"Well, if the ending inventory is correct, then we need to look at what the client is paying to manufacture cement.
We assume a LIFO cost flow to determine cost of goods sold and to value ending inventory. For consistency and comparability with later analysis, we assume that the units in the beginning inventory are valued using an overhead rate of $16 per direct labor hour, which represents budgeted fixed overhead of $480,000 divided by the practical capacity of 30,000 direct labor hours.
Using the base-year approach, ending inventory and all previously existing inventory layers are converted to amounts based upon a base-year price level.