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What is difference between (Stock & Inventory)?

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Question ajoutée par Sayed Rubab Sayed , Finance Officer , The Next
Date de publication: 2015/08/08
Naveed Ahmed Fazal Ahmed
par Naveed Ahmed Fazal Ahmed , Sr. Accountant , Sadita Holding (Crown Micro Trading Co.) Riyadh-KSA.

Stocked are finished product that are available for sale and inventory are Sami finished or raw materials that are available for production

MUHAMMAD AHMAD
par MUHAMMAD AHMAD , ACCOUNTS OFFICER , ALI ENTERNATIONAL/ J-R RAISING

goods which is ready for sale is knwon as stock and goods and material that is in process is known as inventory

This are two words actually means the same,they both deal with what we have in the warehouse and its summarized in the report. 

Agree to all answers.........................

Mr Shehryar
par Mr Shehryar , Staff Warehouse , Karachi Shipyard & Engineering Works Ltd

While stock deals with products that are sold as part of the business's daily operation,inventory includes sale products and the goods and materials used to produce them...

 

Ahmer Zamir
par Ahmer Zamir , Consultant , Saleem Associates & Co

Stock and Inventory both are same two side of a coin.The stock relates to the finish goods or the products which are manufactured and sold in the daily operation of business.As far as concern of inventory its used to manufactured that products or stocks i.e Raw Material Inventory 

Mohammed Asim Nehal
par Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

Both are same however in business it is used differently , example given : 

While stock deals with products that are sold as part of the business's daily operation.

inventory includes sale products and the goods and materials used to produce them.

Mohsin Patel
par Mohsin Patel , Accounting Analyst , Water G.

I think you can use both for goods sold, but inventory would include all miscellaneous items of the company

stock deals with products that are sold as part of the business's daily operation, inventory includes sale products and the goods and materials used to produce them. For example, the cars, car parts and accessories are sold during normal business practices, but the machines that run diagnostic tests on cars or the car lot itself are not. Inventory takes in account all of the assets a business uses to produce the goods it sells and determines the sale price for the stock. The stock determines the amount of revenue a business generates. The more stock that is sold, the higher the revenues.

Mehboob Ali Laghari
par Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

Products that are sold in any business`s daily operation are called "STOCK"

Inventory includes sales product, Goods and material.

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