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Charles Darwin
Inventory Quantity
The amount of merchandise, raw materials, work-in-progress, and finished goods that a company holds at any given point in time.
Days' Sales
A financial metric that calculates the average time it takes for a company to convert its inventory into sales.
Inventory
The total amount of goods, raw materials, and finished products that a business has on hand at any given time.
Overstated Inventory
A situation where the book value of inventory is recorded higher than its actual physical count or market value, potentially misleading financial statements.
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