inventory valuation techniques

What is Inventory Valuation | Inventory Valuation Methods Inventory is the most significant asset of every manufacturing company as it directly impacts the Productivity & Profitability of the organization. Every manufacturing company maintains some amount of inventory. Therefore, companies must be vigilant about how much inventory they have on hand; as well as the financial value of the Inventory on hand. Because "Inventory is money sitting around in another form". Let us now discuss What is Inventory Valuation? What are the Inventory Valuation Methods? and Importance of Inventory Valuat...