Last updated August 14, 2023
What does current stock mean?
Current stock refers to the total quantity of items that are currently in the inventory at a specific point in time. It includes all products or materials that a company has purchased or produced and is available for sale or use in its operations. Current stock can include raw materials, work-in-progress items, and finished goods.
Why is current stock important?
Knowing the current stock level is important for inventory management as it helps track the amount of inventory on hand and plan for future production or sales. By monitoring current stock levels, it is possible to identify excess inventory or shortages and take corrective actions to optimize inventory levels and, hence, avoid .
Factors influencing current stock
Several factors influence current stock level, including: