About us
Definitions for "Last In First Out"
Keywords:  lifo, inventory, newest, sold, assumes
Related Terms: First-in, first-out, Lifo, First in first out, Last-in, first-out, Fifo, First in, first out, Last in, first out, Rotation, Class b shares, Purchase method, Inventories, Purchase accounting, Mark to market, Net realizable value, Mark-to-market, Value stocks, Stock, Price/cash flow ratio, Inventory , Book value, Book value per share, Price/book ratio, Issue price, Fair value, Capitalisation, Price-to-book ratio, Net realisable value, Ftb, Marking to market, Stock turnover, Share premium account, Price/sales ratio, Open, Liquidation value, Value stock, Liquidity, Capital surplus, Price to book ratio, Price-to-sales ratio, Market value added, Additional paid-in capital, Capital formation, Phantom stock, Equity method, Capitalization, New listing, Fundamentals, P/e, Cheap stock
A method of stock control whereby the goods which are the newest in stock are consumed or sold first.
careersinlogistics.co.uk
Assumes that the last item of stock received is the first to be used. In the UK it is a little-used method of pricing the issue of material using the purchase price of the latest unit in stock. It is used more often in the USA as a method of valuing stock using indices to charge most recent prices against profits.
mcgraw-hill.co.uk
inventory accounting in which the most recently acquired items are assumed to be the first sold
wordnet.princeton.edu
View 6 more results
Keywords:  fifo, perpetually, arriving, delayed, earlier
The result of a typical material or information flow system without  FIFO, resulting in earlier orders being perpetually delayed by new orders arriving on top of them.
gemba.com