PLAIN-LANGUAGE DEFINITION
Goods your business holds for sale or for use in production. Inventory ties up cash — the longer it sits, the more it costs the business.
What to check
Check the statement date, classification, and whether the balance agrees with your accounting records.
Where this connects to Impresa
You may encounter this concept when reviewing Financial Health. Start with the underlying inputs and check the applicable reporting period before interpreting the result.
Read the Financial Health guideA NOTE ON INTERPRETATION
NEXT DEFINITIONCash Flow ↗Definitions here explain the concept. Accounting treatments, formulas, and industry comparisons may vary. Use your own records and qualified advice for material decisions.