inventory cost
Definition
Cost of holding goods in stock. Expressed usually as a percentage of the inventory value, it includes capital, warehousing, depreciation, insurance, taxation, obsolescence, and shrinkage costs.
Mentioned in these definitions
Mentioned in these terms
Popular 'Accounting & Auditing' Terms
inventory cost in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/inventory-cost.html
