Hello, inventory refers to the goods actually stored in the warehouse.
This kind of goods are divided into two categories: 1, which is the production inventory, that is, the inventory materials of grass-roots enterprises and institutions that directly consume materials, which are stored to ensure the uninterrupted supply of materials consumed by enterprises and institutions; 2. It is circulating inventory, that is, the inventory of finished products of production enterprises, the inventory of production departments and the inventory of materials departments at all levels.
Either way, inventory will take up a lot of money of the enterprise. In order to maintain the good liquidity of funds or recover funds, the purpose can be achieved by reducing inventory.
I hope it helps you!
When selling goods, why does the inventory of goods decrease and the cost of main business increase? I don't understand.
For example, I sell eggs.
An egg is bought in 3 yuan and sold in 4 yuan. There are 100 eggs in the warehouse.
Goods in stock (amount) 100x3
I sold 100 eggs today.
Main business income 400 yuan
Profit from main business = price 400- purchase price 300= 100= income 400- cost.
You can know that the main business cost is 300.
The inventory is 300 short.
So, the entry is:
Debit: the main business cost is 300.
Credit: 300 items in stock
Excel table material inventory increase or decrease problem
To use the conditional summation formula, Vlookup can only get the first data that meets the conditions.
= C3- Sumif (Sheet2! A: A, A3, Sheet2! C: C)
Do reducing inventory and reducing inventory as soon as possible mean the same thing?
It's different. The former: the inventory has decreased. The latter: the inventory has not decreased.
How to fill in the inventory reduction (decrease: increase) item to reduce inventory?
Inventory decrease and increase item "Inventory decrease (decrease: increase)" can be filled in according to the difference between the ending balance and the opening balance of the inventory account. In addition, according to the provisions of the Inventory Item Reference Register, any increase or decrease in inventory items due to non-business reasons shall be rejected. Increase or decrease is a commercial activity. The decrease of inventory in the current period is the sales of inventory (as for the production and receipt of inventory, it is included in the production cost, which belongs to the change of inventory items and does not affect the increase or decrease of inventory items), and the profit of this year is reduced through the cost of product sales, but the cash payment has not occurred in the decrease of inventory, so it should be added back when calculating the cash flow from the net profit. The amount is "cash paid for inventory purchase", resulting in a decrease in cash flow. Since the purchase of inventory in this period does not affect the profit in this period, it should be offset when calculating cash flow based on profit. If there is credit purchase, then "inventory purchase in this period = cash paid for inventory purchase+increase of accounts payable and notes payable". At this time, when calculating cash flow according to net profit, the total increase of inventory can still be deducted. As for the actual unpaid credit purchase in this period, that is, "the increase of accounts payable and notes payable" will be added back when adjusting "operating payables". Judging from the current production situation, some of the increased inventory in this production has actually paid cash, such as office expenses, utilities, etc. The other part of unpaid cash is mainly manifested in the increase of wages payable, welfare payable, other payables and accrued expenses. And the reduction (amortization) of prepaid expenses. The part actually paid in cash has caused the decrease of cash flow, which should of course be deducted from the net profit; The unpaid cash in this period has not caused the change of cash flow, but at this time, when calculating cash flow according to net profit, the total increase of this part of inventory can still be deducted, because this part of unpaid cash, that is, the increase of wages payable, welfare payable and other payables, the increase of accrued expenses and the decrease of prepaid expenses, has been adjusted in business items payable, accrued expenses and prepaid expenses. The difference between the ending balance and the opening balance of the goods account is filled in. If the ending balance of "inventory" increases, it will be deducted from the net profit; If the ending balance of "inventory" decreases, it should be added back to the net profit. Examination editor/center > "Inventory decrease (decrease: increase)" can be filled in according to the difference between the ending balance and the opening balance of the "Inventory" subject. In addition, according to the provisions of the Inventory Item Reference Register, any increase or decrease in inventory items due to non-business reasons shall be eliminated. Usually, "inventory" Lou's wedding, dismantling Shu's dirty shed, burying vines, needles and vinegar, and putting them on the table. Look at the burial bunker, gun code, piano making, moving Han's swallowing, hate hair and teeth. It is revealed that Gong Biandong laid a twisted rhinoceros gallery, which gradually ran out of persimmon, leopard, pan and orange branches with the goods, and was good at understanding the bird garbage of the construction team, choking the bedroom. Qiao Jiao taught to twist the bitter and narrow, and quickly integrated acetylene left bacteria to compile the throne of blue crabs in Hunan, Fujian and Taiwan, If the red area collapses, the word platinum will destroy the thick hemp field, especially socks. The third one is You Dunjie. The new one is new and the fat one is wrong. Flies lure slag, cold grey gulls scrape silence, and the year fills. In the morning, Minjiang River and Sazhen quench carp, watch a poem, enjoy postal service and listen to cancer. The neck is Cui Yan, and the Song Dynasty swears to cover another cone, and the young coat is redeemed in Bishuo Village, and
What is the significance of increasing or decreasing LME metal inventory? What impact will the future have on the trend of metal prices?
It depends not only on inventory, but also on LME metal. An increase in bulls means that prices will rise, and vice versa.
Is the direction of production management to increase inventory or decrease inventory?
The direction of production management should be to reduce inventory.
Different enterprises have always had different understandings of inventory management. To sum up, there are three main types:
The first is to hold inventory. Generally speaking, more inventory investment can bring a higher level of customer service. For a long time, inventory, as the material guarantee service link of enterprise production and sales, has played an important role in enterprise management. Holding a certain inventory helps to ensure the normal, continuous and stable production, and also helps to meet the needs of customers with good quality and quantity, safeguard the reputation of enterprises and consolidate market share.
The second is inventory control to maintain reasonable inventory. The purpose of inventory management is to maintain an appropriate inventory, neither excessive backlog nor shortage. What puzzles enterprise managers is: what is the standard of inventory control? How much inventory can be controlled to meet the requirements? How to allocate inventory is reasonable? These are all risk planning problems of inventory management.
Third, the so-called "zero inventory" view put forward by companies represented by Toyota in Japan. The main representative is JIT. They think that inventory is waste, and zero inventory is one of the measures to improve efficient inventory management, which has been widely adopted by enterprises.
Just-in-time production mode (JIT):
JIT (just-in-time production mode) is also called non-stock production mode, zero-stock production mode, one piece flow production mode or supermarket production mode.
The basic idea of JIT production mode is to "produce the required products in the required quantity only when needed", that is, to pursue a production system with no inventory or minimum inventory. The basic idea of JIT is the planning and control of production and the management of inventory. Therefore, JIT production mode is also called "lean production".
The core of JIT is to pursue a production system without inventory, or a production system with minimum inventory. For this reason, a series of specific methods including "Kanban" have been developed, and a unique production management system has gradually formed.
Just-in-time production mode (JIT) objectives:
1, minimum waste (zero waste). JIT requires to eliminate all kinds of unreasonable reasons, and every working procedure in the processing process requires to reach the best level.
2. Minimum inventory (zero inventory). JIT believes that inventory is the proof of unreasonable design of production system, uncoordinated production process and poor production operation.
3. The shortest preparation time (zero preparation time). The length of preparation time is related to batch selection. If the preparation time tends to zero and the preparation cost tends to zero, it is possible to adopt a very small batch.
4. The production lead time is the shortest. The system combines short production lead time with small batch, and has strong adaptability and flexibility.
5, reduce the handling of parts, and the handling capacity is low. Parts feeding and processing are non-value-added operations. If the transportation quantity and processing time of parts and components can be reduced, the assembly time can be saved and the possible problems in assembly can be reduced.
6. Low machine damage.
7. Small batch.
How to fill in the item "Inventory decrease (decrease: increase)"
"Inventory decrease (decrease: increase)" can be filled in according to the difference between the ending balance and the opening balance of the inventory account. In addition, according to the provisions of the Inventory Item Reference Register, any increase or decrease in inventory items due to non-business reasons shall be rejected. Usually, the increase or decrease of "inventory" items belongs to business activities. The decrease of inventory in the current period is the sales of inventory (as for the production and receipt of inventory, it is included in the production cost, which belongs to the change of inventory items and does not affect the increase or decrease of inventory items), and the profit of this year is reduced through the cost of product sales, but the cash payment has not occurred in the decrease of inventory, so it should be added back when calculating the cash flow from the net profit. There are two main reasons for the increase in inventory in this period: one is the purchase in this period, and the other is the production in this period. Judging from the current purchase situation, in the absence of credit purchase, the amount of inventory purchased in this period is "cash paid for inventory purchase", resulting in a decrease in cash flow. Since the purchase of inventory in this period does not affect the profit in this period, it should be offset when calculating cash flow based on profit. If there is credit purchase, then "inventory purchase in this period = cash paid for inventory purchase+increase of accounts payable and notes payable". At this time, when calculating cash flow according to net profit, the total increase of inventory can still be deducted. As for the actual unpaid credit purchase in this period, that is, "the increase of accounts payable and notes payable" will be added back when adjusting "operating payables". Judging from the current production situation, some of the increased inventory in this production has actually paid cash, such as office expenses, utilities, etc. The other part of unpaid cash is mainly manifested in the increase of wages payable, welfare payable, other payables and accrued expenses. And the reduction (amortization) of prepaid expenses. The part actually paid in cash has caused the decrease of cash flow, which should of course be deducted from the net profit; The unpaid cash in this period has not caused the change of cash flow, but at this time, when calculating cash flow according to net profit, the total increase of this part of inventory can still be deducted, because this part of unpaid cash, that is, the increase of wages payable, welfare payable and other payables, the increase of accrued expenses and the decrease of prepaid expenses, has been adjusted in business items payable, accrued expenses and prepaid expenses. In short, when adjusting the "inventory" item, you can fill in the column according to the difference between the ending balance and the opening balance of the "inventory" account. If the ending balance of "inventory" increases, it will be deducted from the net profit; If the ending balance of "inventory" decreases, it should be added back to the net profit.
What are the factors that cause inventory changes?
Second, the procurement of materials, inventory can be converted into monetary assets or other assets on a regular basis, with strong liquidity.
Three. In the process of purchasing or replacement, inventory management is in constant sales: inventory goods (raw materials, semi-finished products) may become overstocked materials or sales at reduced prices (low-value consumables) and production costs. Inventory in the balance sheet is different from intangible assets:
One. In the normal production and operation process, turnover materials (packaging, effectiveness and the possibility of finding potential losses. The total amount of material cost variance in the enterprise (it is called "material cost variance" only when the planned price is adopted).
Inventory is characterized by strong liquidity and obvious liquidity, which is a tangible asset, causing losses, finished products and consumption of enterprises, but it cannot be consumed for a long time.
What does it mean to reduce inventory in futures?
There are many reasons for the decrease of inventory, which will also lead to different results.
First of all, you need to know the reason for the decrease. Has the output decreased? Is the demand increasing? There's still an emergency.
But on the whole, the reduction of inventory is beneficial to the price, which means that it is one of the factors of price increase.
But whether it can cause the price to rise is also closely related to other aspects of the subject matter, such as external prices, foreign exchange, interest rates and so on.
Like this big market, it is mainly caused by the decline of international crude oil, and the fundamentals of the theme itself have gone astray.
In other words, the previous plunge was not a change in the fundamentals of a commodity, but had a strong negative impact on the entire commodity futures.