Inventory Shrinkage in Financial Formulas

Inventory Shrinkage is an accounting term that describes the difference between inventory that is recorded and what is actually in physical inventory, indicating a loss in inventory. And is denoted by IS.

Formulas to find Inventory Shrinkage in Financial

fxInventory ShrinkageGo

List of variables in Financial formulas

fx Recorded Inventory Go

fx Actual Inventory Go

FAQ

What is the Inventory Shrinkage?

Inventory Shrinkage is an accounting term that describes the difference between inventory that is recorded and what is actually in physical inventory, indicating a loss in inventory.

Can the Inventory Shrinkage be negative?

{YesorNo}, the Inventory Shrinkage, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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