Retail Inventory Method Definition

Below please find a definition of “Retail Inventory Method”

Financial Analysis Training & Glossary TermsRetail Inventory Method: Retail inventory method is an accounting method that is used to estimating the approximate value of a store’s merchandise. The value is approximate since most likely some items are always shoplifted or broken or misplaced in majority of the stores. In order for the estimate to be as accurate as possible, physical inventory is essential on several occasions.

Free MP3 Download:  To download our free 35 minute audio interview with expert Richard C. Wilson on how to succeed in the field of finance please click here.

Fast Financial Training: If you want to take your finance or business career to the next level you should explore our financial analysis certification program, or our training programs on financial modeling, investment banking, hedge funds, or private equity. All of these programs are offered on http://BusinessTraining.com

Expand Your Financial Vocabulary: Read more finance terms and definitions

Tags:  What is retail inventory method?, Define retail inventory method, Meaning of retail inventory method, Retail inventory method definition, Retail inventory method example, Retail inventory method meaning, Retail inventory method formula, Retail inventory method ratio, Retail inventory method advantages

About Richard Wilson