Stock Valuation
Stock valuation is the process of assigning value to a company's inventory. As inventory typically represents a large portion of assets for product-based businesses, accurate valuation is crucial for financial reporting and profitability analysis.
Standard Price
Uses a fixed cost for inventory valuation regardless of purchase price fluctuations. Simplifies accounting but may not reflect actual costs.
Average Price
Calculates a moving average cost based on all purchases. Smoothes out price fluctuations for more stable valuation.
FIFO
First-In, First-Out method assumes oldest inventory is sold first. Better matches current costs with current revenues.
Key Benefits of Proper Stock Valuation
- Accurate financial reporting and balance sheet representation
- Precise calculation of Cost of Goods Sold (COGS) and gross profit
- Better inventory management and purchasing decisions
- Compliance with accounting standards and tax regulations