or goods on hand - includes raw materials and goods in process as well as unsold finished goods.
The cost of merchandise that has been acquired for sale to customers but is still on hand.
Merchandise on hand and available for sale to customers.
The actual amount of goods that a business has on hand for resell to customers.
The goods on hand at any one time that are available for sale to customers.
Goods held for sale to customers.
The current asset which reports the cost of a retailer's, wholesaler's, or distributor's goods purchased to be resold, which have not yet been sold as of the balance sheet date. To learn more, see Explanation of Inventory & Cost of Goods Sold for an in-depth discussion. To Top