ending inventory

简明释义

期末库存

英英释义

例句

1.An accurate count of the ending inventory 期末存货 is crucial for financial reporting.

准确计算期末存货对于财务报告至关重要。

2.To calculate the cost of goods sold, we need to know the ending inventory 期末存货 for the period.

要计算销售成本，我们需要知道该期间的期末存货。

3.The manager reviewed the ending inventory 期末存货 levels to make decisions about future orders.

经理审查了期末存货水平，以便对未来的订单做出决策。

4.The ending inventory 期末存货 was significantly lower than expected due to increased sales this quarter.

由于本季度销售增加，期末存货远低于预期。

5.At the end of the fiscal year, the accountant prepared a report on the company's ending inventory 期末存货.

在财政年度结束时，会计师准备了一份关于公司期末存货的报告。

作文

In the world of business and finance, understanding the concept of ending inventory is crucial for effective management and accurate financial reporting. The term ending inventory refers to the value of goods that a company has available for sale at the end of an accounting period. This figure is essential for determining the cost of goods sold (COGS) and ultimately impacts the company's profitability. To grasp the significance of ending inventory, it's important to consider how it fits into the overall accounting process. At the beginning of an accounting period, a company starts with a certain amount of inventory, known as the beginning inventory. Throughout the period, the company may purchase additional inventory or produce more goods. By the end of the period, after accounting for sales and any losses due to shrinkage or obsolescence, the remaining inventory is calculated as ending inventory. The calculation of ending inventory can be done using various methods, including the First-In-First-Out (FIFO) method, Last-In-First-Out (LIFO) method, and the weighted average cost method. Each of these methods can yield different values for ending inventory, which in turn affects the financial statements of the company. For example, during times of rising prices, using the LIFO method may result in a lower ending inventory value compared to FIFO, which can lead to higher COGS and lower taxable income. Moreover, accurate reporting of ending inventory is essential for stakeholders, including investors, creditors, and management. Investors rely on the reported ending inventory to assess the company's operational efficiency and inventory management practices. A significant discrepancy between expected and actual ending inventory can raise red flags and prompt further investigation into the company's operations. In addition to financial implications, ending inventory plays a vital role in supply chain management. Companies need to maintain an optimal level of inventory to meet customer demand without overstocking, which can tie up capital and increase storage costs. By analyzing ending inventory, businesses can make informed decisions about purchasing and production schedules. Furthermore, the impact of ending inventory extends beyond the immediate financial statements. It influences cash flow management, as excess inventory can lead to increased holding costs and reduced liquidity. Conversely, insufficient inventory can result in lost sales and dissatisfied customers. Therefore, maintaining an accurate and strategic approach to managing ending inventory is essential for long-term business success. In conclusion, the concept of ending inventory is not just a number on a balance sheet; it is a critical component of a company's financial health and operational efficiency. Understanding how to calculate and manage ending inventory effectively can provide businesses with a competitive edge, allowing them to navigate the complexities of the market while ensuring profitability and sustainability. As such, both new and seasoned business professionals should prioritize the mastery of this fundamental concept in their financial practices.

在商业和金融的世界中，理解“期末库存”这一概念对于有效管理和准确财务报告至关重要。术语“期末库存”指的是公司在会计期间结束时可供销售的商品的价值。这个数字对于确定销售成本（COGS）至关重要，并最终影响公司的盈利能力。要理解“期末库存”的重要性，首先要考虑它在整体会计过程中的位置。在会计期间开始时，公司拥有一定数量的库存，称为期初库存。在此期间，公司可能会购买额外的库存或生产更多商品。在期末，经过销售和由于缩减或过时造成的任何损失后，剩余的库存被计算为“期末库存”。“期末库存”的计算可以使用多种方法，包括先进先出法（FIFO）、后进先出法（LIFO）和加权平均成本法。这些方法中的每一种都可能产生不同的“期末库存”值，从而影响公司的财务报表。例如，在价格上涨的时期，使用LIFO方法可能导致“期末库存”的价值低于FIFO，这可能导致更高的销售成本和更低的应税收入。此外，准确报告“期末库存”对利益相关者，包括投资者、债权人和管理层至关重要。投资者依赖报告的“期末库存”来评估公司的运营效率和库存管理实践。预期与实际“期末库存”之间的重大差异可能引发警报，并促使对公司运营的进一步调查。除了财务影响外，“期末库存”在供应链管理中也发挥着至关重要的作用。公司需要保持最佳库存水平，以满足客户需求而不造成过度库存，这可能占用资金并增加存储成本。通过分析“期末库存”，企业可以就采购和生产计划做出明智的决策。此外，“期末库存”的影响超出了直接的财务报表。它影响现金流管理，因为过剩库存可能导致增加的持有成本和减少的流动性。相反，不足的库存可能导致销售损失和客户不满。因此，保持准确和战略性的方法来管理“期末库存”对于长期商业成功至关重要。总之，“期末库存”的概念不仅仅是资产负债表上的一个数字；它是公司财务健康和运营效率的关键组成部分。有效计算和管理“期末库存”的能力可以为企业提供竞争优势，使其能够驾驭市场的复杂性，同时确保盈利能力和可持续性。因此，无论是新手还是经验丰富的商业专业人士，都应优先掌握这一基本概念，以便在他们的财务实践中应用。