Average Inventory

Business, Legal & Accounting Glossary

Definition: Average Inventory


Average Inventory


Full Definition of Average Inventory


The company does an evaluation of how much inventory they started with and what is left during the accounting period. A major factor that will affect this situation is whether the company loses inventory due to a manufacturing or mishandling.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/average-inventory/
Modern Language Association (MLA):
Average Inventory. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/average-inventory/.
Chicago Manual of Style (CMS):
Average Inventory. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/average-inventory/ (accessed: November 30, 2021).
American Psychological Association (APA):
Average Inventory. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/average-inventory/

Definition Sources


Definitions for Average Inventory are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.