Inventories definition

Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.
Inventories as defined by GAAP such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; medical supplies; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

Examples of Inventories in a sentence

  • Inventories are stated at the lower of cost and net realisable value.

  • Inventories are measured at the lower of cost and net realisable value.

  • Inventories consist of:Raw materials and supplies $1,640 $1,598 Work-in-process 427 400 Finished goods 537 506 Tooling and engineering 1,576 1,465 $4,180 $3,969 Tooling and engineering inventory represents costs incurred on tooling and engineering services contracts in excess of billed and unbilled amounts included in accounts receivable.

  • TABLE 3: HIV PREVENTION AND CARE PLANNING PARTICIPANTS For a full list of specific community resources by partnership area, please refer to Appendix Section 9.3: Partnership Area Resource Inventories.

  • Inventories are valued at the lower of cost and the net realizable value after providing for obsolescence and other losses, where considered necessary.


More Definitions of Inventories

Inventories means all inventories, merchandise, goods, raw materials, packaging, labels, supplies and other personal property which are maintained, held or stored by or for the Company or any Company Subsidiary at the Closing, and any prepaid deposits for any of the same.
Inventories means, in respect of any Person, all inventories of such Person wherever located, including all finished goods, (whether or not held at any location or facility of such Person or in transit to or from such Person), work in process, raw materials, spare parts and all other materials and supplies to be used or consumed by the Person in production of finished goods.
Inventories has the meaning set forth in Section 1.1(c).
Inventories as defined in the Uniform System of Accounts and used in the operation of the Hotel, such as Supplies, provisions in storerooms, refrigerators, pantries, and kitchens, beverages in wine cellars and bars, other merchandise intended for sale or resale, and similar items and including all food and beverages which are located at the Hotel, or ordered for future use at the Hotel as of the Closing, but expressly excluding any alcoholic beverages to the extent the sale or transfer of the same is not permitted under applicable law (the “Inventories”);