Word forms: (plural) physical inventories
(Retail: Merchandising) To carry out a physical inventory is to count all the stock on hand. ▶ inventory
⇒ When a physical inventory is done, item costs must be learned, the quantity of every item in stock counted,
and total inventory value at cost calculated. ⇒ Physical inventories are taken at least annually for all stores on a staggered basis throughout the year
and inventory records are adjusted accordingly. ⇒ To carry out a physical inventory is to count all the stock on hand.
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