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2. Ending inventory - Wikipedia

   en.wikipedia.org/wiki/Ending_inventory

   Ending inventory is the amount of inventory a company has in stock at the end of its fiscal year. It is closely related with ending inventory cost , which is the amount of money spent to get these goods in stock.

3. End of the year business checklist: 7 tasks to do now - AOL

   www.aol.com/end-business-checklist-7-tasks...

   The end of the calendar year is the time to tie loose ends, evaluate business strategy, and do housekeeping. NEXT shares a small business checklist to help navigate tax preparation, bookkeeping ...

4. Stock-taking - Wikipedia

   en.wikipedia.org/wiki/Stock-taking

   While they are often used interchangeably, stock and inventory are two different things. Stock is the products sold by a business. Inventory includes all items required to make, store or sell your stock. [1] Stock-taking may be performed as an intensive annual, end of fiscal year, procedure or may be done continuously by means of a cycle count. [2]

5. Inventory valuation - Wikipedia

   en.wikipedia.org/wiki/Inventory_valuation

   Periodic: In the periodic inventory system, sales are recorded as they occur but the inventory is not updated. A physical inventory must be taken at the end of the year to determine the cost of goods; Regardless of what inventory accounting system is used, it is good practice to perform a physical inventory at least once a year.

6. Why Stellantis's CEO Is Out, and What That Means For the Stock

   www.aol.com/why-stellantiss-ceo-means-stock...

   Stellantis had almost 1.5 million vehicles in its U.S. inventory at the end of 2023, about 50% more than it had a year earlier. ... as it works to get its U.S. inventory down to just 330,000 ...

7. Periodic inventory - Wikipedia

   en.wikipedia.org/wiki/Periodic_inventory

   In a periodic inventory system no effort is made to keep up-to-date records of either the inventory or the cost of goods sold. Instead, these amounts are determined only periodically - usually at the end of each year. This physical count determines the amount of inventory appearing in the balance sheet.

8. 4–4–5 calendar - Wikipedia

   en.wikipedia.org/wiki/4–4–5_calendar

   A variation is the 52–53-week calendar. It is used by companies that want their fiscal year to always end on the same day of the week. Any day of the week may be used, and Saturday and Sunday are common because the business may more easily be closed for counting inventory and other end-of-year accounting activities.

9. Specific identification (inventories) - Wikipedia

   en.wikipedia.org/wiki/Specific_identification...

   Specific identification is a method of finding out ending inventory cost. It requires a detailed physical count so that the company knows exactly how many of each good bought on specific dates comprise the year-end inventory.