tailieunhanh - dictionary of finance and investment terms 5th edition phần 5

Từ điển Thuật Ngữ Ngân Hàng Tài Chính hấp dẫn, hot, nổi bật với các loại file pdf . Khoản nợ của một doanh nghiệp cần phải thanh toán sớm, thường là trong | previous page page_294 next page Page 294 LIFO . Financial statements normally indicate the basis of inventory valuation generally the lower figure of either cost price or current market price which precludes potentially overstated earnings and assets as the result of sharp increases in the price of raw materials. Personal finance list of all assets owned by an individual and the value of each based on cost market value or both. Such inventories are usually required for property insurance purposes and are sometimes required with applications for credit. Securities net long or short position of a dealer or specialist. Also securities bought and held by a dealer for later resale. INVENTORY FINANCING Factoring sometimes used as a synonym for over-advances in FACTORING where loans in excess of accounts receivable are made against inventory in anticipation of future sales. Finance companies financing by a bank or sales finance company of the inventory of a dealer in consumer or capital goods. Such loans also called wholesale financing or floor planning are secured by the inventory and are usually made as part of a relationship in which retail installment paper generated by sales to the public is also financed by the lender. See also FINANCE Company. INVENTORY TURNOVER ratio of annual sales to inventory which shows how many times the inventory of a firm is sold and replaced during an accounting period sometimes called inventory utilization ratio. Compared with industry averages a low turnover might indicate a company is carrying excess stocks of inventory an unhealthy sign because excess inventory represents an investment with a low or zero rate of return and because it makes the company more vulnerable to falling prices. A steady drop in inventory turnover in comparison with prior periods can reveal lack of a sufficiently aggressive sales policy or ineffective buying. Two points about the way inventory turnover may be calculated 1 Because sales are recorded at market .