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How many types of inventories are there for a company ?

Question Posted / basu_deb08

Answers were Sorted based on User's Feedback



How many types of inventories are there for a company ?..

Answer / pradeep gunuguntla

Raw Material
WIP ( work in progress)
Finished Goods

Is This Answer Correct ?    9 Yes 1 No

How many types of inventories are there for a company ?..

Answer / h.r. sreepada bhagi

In a manufacturing Company:-
1. Raw Materials 2. packing Materials 3. Work-in-process 4.
Finished Goods and 5. Stores and Consumables

In a trading or retail company:-
1. Trading Goods

Type of stock vary from industry to Industry like Agro
Industries, Live stock companies, Poultry Industry, Mining
Industry and so on.
It is specific to the industry to which the company belongs.

Is This Answer Correct ?    4 Yes 0 No

How many types of inventories are there for a company ?..

Answer / dinesh

Raw Material
Packing Material
WIP
Finished Goods

Is This Answer Correct ?    4 Yes 2 No

How many types of inventories are there for a company ?..

Answer / sunjay mp

RAW MATERIAL
SEMI FINISHED GOODS(Excise duty is Depending on Goods)
FINISHED GOODS(Excise duty payable)

Is This Answer Correct ?    0 Yes 0 No

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