periodic inventory

English

Noun

periodic inventory

1. (accounting) A system of assessing a business' inventory in which updates are made on a periodic basis, so that a completely accurate account is only available immediately after the update.

   Coordinate term: perpetual inventory

Translations

Translations

• Dutch: periodieke voorraad m
• Finnish: jaksoittainen inventointi
• French: inventaire intermittent m
• Polish: okresowa inwentaryzacja f

See also

• cycle count

Further reading

• “periodic inventory”, in Collins English Dictionary.