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Investments glossary

Obsolete Inventory


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Quotes of the day:

Chains are chains even if made of gold, they just tie you.

— Patrick Mahony

Obsolete inventory is a term that refers to inventory that is at the end of its product life cycle. This inventory has not been sold or used for a long period of time and is not expected to be sold in the future. This type of inventory has to be written down and can cause large losses for a company.

The Basics of Excess & Obsolete Inventory
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The Basics of Excess & Obsolete Inventory
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Date posted
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