Inventory refers to the finished goods or commodities that enterprises hold for sale in their daily activities, materials or materials consumed in the production process, in the production process or in the provision of labor services, etc., including all kinds of materials, products, semi-finished products, finished products or inventory goods, as well as packaging, low-value consumables, commissioned processing materials, etc., which are important components of the enterprise's liquid assets. In general, the firm's inventory consists of three types of tangible assets, one is the inventory stored for sale in the normal course of business, and the other is to finally sell the inventory that is in the process of production. The third is the production of goods for sale or the provision of services for consumption of inventory.
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