stocktake

stocktake
stocktaking stock‧tak‧ing [ˈstɒkˌteɪkɪŋ ǁ ˈstɑːk-] noun [countable, uncountable] ACCOUNTING
an occasion when a company or shop makes a list of all the materials and goods that it has a supply of; = inventory AmE:

• The group uncovered the loss after year-end stocktaking.

— stocktake noun [countable] :

• The accountants never attended the stocktake or checked the valuation.

— stocktake verb [intransitive]
— stocktaker noun [countable] :

• An outside stocktaker was appointed to draw up an annual inventory of all stocks.

* * *

Ⅰ.
stocktake UK US /ˈstɒkteɪk/ verb [I] UK ACCOUNTING, PRODUCTION, COMMERCE
► to count the goods and materials owned by a company or available for sale in a store at a particular time: »

How often you need to stocktake is different for every business.

Ⅱ.
stocktake UK US /ˈstɒkteɪk/ noun [C] UK ACCOUNTING, PRODUCTION, COMMERCE
► an occasion on which the goods and materials owned by a company or available for sale in a store at a particular time are counted: »

It is our stocktake and everyone is busy.

 do a stocktake »

I do a complete stocktake once a month.


Financial and business terms. 2012.

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