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How many types of inventories are there for a company ?

Answer Posted / 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.

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