closing inventory

简明释义

期末存货

英英释义

例句

1.At the end of the fiscal year, the accountant prepared the report showing the company's closing inventory 期末存货 for the balance sheet.

在财年的结束时，会计准备了报告，显示公司的期末存货 closing inventory 用于资产负债表。

2.Adjustments were made to the closing inventory 期末存货 due to damaged goods that could not be sold.

由于无法出售的损坏商品，对期末存货 closing inventory 进行了调整。

3.To calculate the cost of goods sold, we need to consider both the closing inventory 期末存货 and the opening inventory.

要计算销售成本，我们需要考虑期末存货 closing inventory 和期初存货。

4.The manager was pleased to see that the closing inventory 期末存货 had decreased, suggesting better inventory management.

经理很高兴看到期末存货 closing inventory 减少，这表明库存管理更好。

5.The closing inventory 期末存货 was significantly higher than last year, indicating increased sales activity.

该期末存货 closing inventory 明显高于去年，这表明销售活动增加。

作文

In the world of business and finance, understanding various terminologies is crucial for effective management and decision-making. One such term that plays a significant role in accounting and inventory management is closing inventory. The closing inventory refers to the value of goods available for sale at the end of a specific accounting period. It is an essential component of a company's financial statements, particularly the balance sheet and the income statement. Properly calculating the closing inventory is vital for determining the cost of goods sold (COGS) and, ultimately, the profit or loss for that period.To understand the importance of closing inventory, we must first look at its impact on financial reporting. When a company sells products, it needs to keep track of how much inventory it has at any given time. The closing inventory provides a snapshot of this information at the end of the accounting period. It helps businesses assess their stock levels and make informed decisions about purchasing and production.For instance, if a company has a high closing inventory, it may indicate overproduction or declining sales, prompting management to reevaluate their marketing strategies or adjust production schedules. Conversely, a low closing inventory might suggest strong sales, which could lead to increased production to meet customer demand. Therefore, analyzing the closing inventory is crucial for maintaining a healthy balance between supply and demand.Moreover, the closing inventory directly affects the calculation of COGS, which is essential for determining gross profit. The formula for calculating COGS is: Beginning Inventory + Purchases - Closing Inventory. This means that an accurate assessment of the closing inventory can significantly influence a company's profitability. If the closing inventory is underestimated, it may lead to inflated COGS figures, resulting in lower reported profits. On the other hand, overestimating the closing inventory can inflate profits, which may mislead stakeholders and investors about the company's actual performance.In addition to its financial implications, the closing inventory also plays a role in operational efficiency. Businesses need to manage their inventory levels effectively to avoid stockouts or excess stock. Excess inventory can lead to increased holding costs, such as storage fees and insurance, while insufficient inventory can result in lost sales and dissatisfied customers. By closely monitoring the closing inventory, companies can optimize their inventory management practices, leading to improved cash flow and customer satisfaction.Lastly, technology has transformed how businesses manage their closing inventory. With the advent of inventory management software and systems, companies can now track their inventory levels in real time, making it easier to calculate closing inventory accurately. These tools provide valuable insights into sales trends, helping businesses make data-driven decisions regarding their inventory.In conclusion, the term closing inventory is not just a mere accounting figure; it is a critical element in the overall health of a business. Understanding its implications on financial reporting, operational efficiency, and strategic decision-making can empower businesses to thrive in a competitive marketplace. As companies continue to evolve and adapt to changing market conditions, mastering the concept of closing inventory will remain essential for sustainable growth and success.

在商业和金融的世界中，理解各种术语对于有效的管理和决策至关重要。其中一个在会计和库存管理中发挥重要作用的术语是期末库存。期末库存是指在特定会计期间结束时可供销售的商品价值。它是公司财务报表的重要组成部分，特别是资产负债表和利润表。正确计算期末库存对于确定该期间的销售成本（COGS）以及最终的利润或亏损至关重要。要理解期末库存的重要性，我们首先必须看看它对财务报告的影响。当一家公司销售产品时，它需要跟踪在任何给定时间的库存量。期末库存提供了在会计期间结束时此信息的快照。它帮助企业评估其库存水平，并就采购和生产做出明智的决策。例如，如果一家公司有高期末库存，这可能表明过度生产或销售下降，促使管理层重新评估他们的营销策略或调整生产计划。相反，低期末库存可能表明销售强劲，这可能导致增加生产以满足客户需求。因此，分析期末库存对于维持供需之间的健康平衡至关重要。此外，期末库存直接影响COGS的计算，而这对于确定毛利润至关重要。计算COGS的公式是：期初库存 + 采购 - 期末库存。这意味着，准确评估期末库存可以显著影响公司的盈利能力。如果期末库存被低估，可能导致COGS数字膨胀，从而导致报告的利润降低。另一方面，过高估计期末库存可能会抬高利润，这可能误导利益相关者和投资者关于公司实际表现的信息。除了财务影响之外，期末库存在运营效率中也发挥着作用。企业需要有效管理其库存水平，以避免缺货或过剩库存。过多的库存可能导致增加的持有成本，例如存储费用和保险，而不足的库存可能导致销售损失和客户不满。通过密切监控期末库存，公司可以优化其库存管理实践，从而改善现金流和客户满意度。最后，科技改变了企业管理其期末库存的方式。随着库存管理软件和系统的出现，公司现在可以实时跟踪其库存水平，更容易准确计算期末库存。这些工具提供了有关销售趋势的宝贵洞察，帮助企业就其库存做出数据驱动的决策。总之，期末库存这个术语不仅仅是一个简单的会计数字；它是企业整体健康状况的关键要素。理解它对财务报告、运营效率和战略决策的影响，可以使企业在竞争激烈的市场中蓬勃发展。随着公司不断发展和适应变化的市场条件，掌握期末库存的概念将始终是可持续增长和成功的关键。