Examlex
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Goods Available for Sale
The total quantity of goods that a company has on hand and can sell at any given time, including both finished goods and those still in production.
FIFO Earnings
Earnings calculated based on the "First In, First Out" inventory method, where the costs of the oldest inventory items are used first in determining profit.
Inventory Holding Gain
The increase in value of inventory held by a company, often due to price increases in the market rather than sales.
Dollar-Value LIFO
An inventory valuation method that uses the last-in, first-out (LIFO) cost flow assumption but measures those costs in dollar values, rather than in physical units, to account for inflation or deflation.
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