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FIFO Perpetual
An inventory valuation method where the first items purchased (First In) are the first ones to be used or sold (First Out) on a continuous basis.
LIFO Perpetual
A method of inventory valuation which assumes that the last items placed in inventory are the first ones sold, applied continuously throughout the accounting period.
Weighted Average
This is a calculation method that takes into account the varying degrees of importance of the numbers in a data set, giving different weights to some of the data points.
Moving Average
A calculation used to analyze data points by creating a series of averages of different subsets of the full data set.
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