Examples of Finished Goods Inventory in a sentence

Total Obsolescence for Raw Material, WIP, and Finished Goods Inventory: Inventory reserves taken due to obsolescence and scrap and includes products exceeding the shelf life, i.e. spoils and is no good for use in its original purpose (do not include reserves taken for Field Service Parts).
Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold.
Then Department B transfers the products to Finished Goods Inventory.
Finished Goods Inventory is an account used by a merchandiser and includes completed goods that have not yet been sold.
Finished Goods Inventory is an account used by service companies in lieu of raw materials inventory.

More Definitions of Finished Goods Inventory

Finished Goods Inventory means Inventory of Borrower consisting of completed Compressor Packages that are not Compression Units.

Finished Goods Inventory means the Product inventory status whereby the Product has completed production and testing procedures and is ready for sale to Third Party customers.

Finished Goods Inventory means tangible personal property that is:

Finished Goods Inventory means, with respect to the Company, the consolidated finished goods inventory of the Company, net of reserves, determined in accordance with GAAP.

Finished Goods Inventory means finished goods to be sold by the Borrowers in the ordinary course of business, including plates, finished tubes, tin plates and finished sheets, but excluding Semi-Finished Goods and Scrap Inventory and Raw Materials Inventory.

Finished Goods Inventory means, as of any date of determination, the amount representing finished goods inventory of the Borrower and the Subsidiaries that would appear on a consolidated balance sheet of the Borrower and its Subsidiaries at such time prepared in accordance with GAAP.

Finished Goods Inventory means an inventory from which fungible goods are sold or otherwise transferred to another person. (stock de produits finis)