Stock: Difference between revisions
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Value of raw materials, components, work in progress (WIP) and finished goods held by a reporting entity at a balance sheet date. | Value of raw materials, components, work in progress (WIP) and finished goods held by a reporting entity at a balance sheet date. | ||
The value for financial reporting purposes is the lower of original cost and net realisable value. | |||
Latest revision as of 13:24, 8 November 2025
1. Manufacturing.
Raw materials, components, work in progress (WIP) and finished goods held by a company or other entity under review.
Also known as Inventory.
2. Accounting.
Value of raw materials, components, work in progress (WIP) and finished goods held by a reporting entity at a balance sheet date.
The value for financial reporting purposes is the lower of original cost and net realisable value.
3. Financial assets.
A financial asset which may be a common (ordinary) share, a corporate debt security or a government debt security.
4. Financial assets.
More narrowly, financial assets including bonds (corporate debt securities or a government debt securites) but excluding common shares.
As in the phrase "stocks and shares".
