Practicing Success
What do you mean by Change in Inventories? |
Difference between closing inventories and opening inventories, if Closing inventories are higher. Difference between opening inventories and closing inventories, if opening inventories are higher. Closing Inventories less Opening Inventories Opening Inventories less Closing Inventories |
Opening Inventories less Closing Inventories |
Inventory change is the difference between the amount of last period's ending inventory and the amount of the current period's ending inventory. |