opening inventory

简明释义

1. 开始存量; 2. 期初库存;

英英释义

例句

1.The accountant reported that the opening inventory (期初库存) was higher than expected, affecting our profit margins.

会计报告称，opening inventory (期初库存) 高于预期，影响了我们的利润率。

2.To calculate the cost of goods sold, we must first determine the opening inventory (期初库存).

要计算销售成本，我们必须首先确定opening inventory (期初库存)。

3.The manager emphasized the importance of accurately tracking the opening inventory (期初库存) for effective supply chain management.

经理强调准确跟踪opening inventory (期初库存) 对于有效的供应链管理的重要性。

4.At the beginning of the fiscal year, we need to assess our opening inventory (期初库存) to plan our budget effectively.

在财政年度开始时，我们需要评估我们的opening inventory (期初库存) 以有效地规划预算。

5.Our opening inventory (期初库存) has significantly decreased due to increased sales last quarter.

由于上个季度销量增加，我们的opening inventory (期初库存) 显著减少。

作文

In the world of business, understanding financial terms is crucial for making informed decisions. One such term that plays a significant role in inventory management is opening inventory. The opening inventory refers to the value of goods and materials that a company has on hand at the beginning of an accounting period. This figure is essential because it serves as the starting point for calculating the cost of goods sold (COGS) and determining the overall profitability of the business.At the start of each accounting period, businesses need to assess their opening inventory to establish a baseline for their operations. For instance, if a retail store begins its fiscal year with an opening inventory of $50,000, this amount will be carried forward into the financial statements. It is critical for businesses to accurately record this figure because any discrepancies can lead to incorrect financial reporting and misguided business strategies.The opening inventory also impacts various financial metrics, including gross profit margin and net income. As sales occur and new inventory is purchased throughout the period, the opening inventory is adjusted accordingly. For example, if the retail store mentioned earlier sells $30,000 worth of goods during the year, the remaining inventory will be calculated by subtracting the sales from the opening inventory. This calculation allows businesses to evaluate their performance and make necessary adjustments to their inventory management practices.Moreover, businesses often compare their opening inventory with their closing inventory to analyze trends over time. A significant increase or decrease in opening inventory can indicate changes in market demand or supply chain issues. For instance, if the store's opening inventory rises to $70,000 in the following year, it may signal that the business overestimated demand or failed to sell enough products. Conversely, a decrease could suggest improved sales performance or effective inventory management.In conclusion, the concept of opening inventory is integral to successful business operations. It not only provides a starting point for financial analysis but also influences key performance indicators. By carefully monitoring and managing their opening inventory, businesses can enhance their profitability and make strategic decisions that support long-term growth. Understanding this term and its implications is essential for anyone involved in financial planning, accounting, or inventory management. Therefore, taking the time to grasp the significance of opening inventory can lead to better decision-making and ultimately contribute to the success of a business.

在商业世界中，理解财务术语对于做出明智的决策至关重要。其中一个在库存管理中起着重要作用的术语是期初库存。期初库存指的是公司在一个会计期间开始时手头上拥有的货物和材料的价值。这个数字至关重要，因为它作为计算销售成本（COGS）和确定企业整体盈利能力的起点。在每个会计期开始时，企业需要评估其期初库存以建立其运营的基线。例如，如果一家零售店在财政年度开始时的期初库存为50,000美元，这个金额将被纳入财务报表。企业准确记录这一数字是至关重要的，因为任何差异都可能导致不正确的财务报告和错误的商业策略。期初库存还影响各种财务指标，包括毛利率和净收入。随着销售的进行和新库存的采购，期初库存会相应调整。例如，如果前面提到的零售店在一年内销售了30,000美元的商品，那么剩余库存将通过从期初库存中减去销售额来计算。这项计算使企业能够评估其业绩，并对其库存管理实践进行必要的调整。此外，企业通常会将其期初库存与期末库存进行比较，以分析随时间的趋势。期初库存的显著增加或减少可能表明市场需求或供应链问题的变化。例如，如果商店的期初库存在下一年上升到70,000美元，这可能表明企业高估了需求或未能销售足够的产品。相反，减少可能表明销售表现改善或库存管理有效。总之，期初库存的概念对成功的商业运营至关重要。它不仅提供了财务分析的起点，还影响关键绩效指标。通过仔细监控和管理其期初库存，企业可以提高盈利能力，并做出支持长期增长的战略决策。因此，花时间掌握期初库存的重要性可以导致更好的决策，并最终促进企业的成功。