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What is meant by "Stock Aging"?

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تم إضافة السؤال من قبل Muhammad Akram Shahzad Mughal , Assist. Manager Inventory & Warehouse , KahrPlast Co.
تاريخ النشر: 2014/04/22
mohamed shahabdeen lantra
من قبل mohamed shahabdeen lantra , Director , SOUTH ASIA TRADING COMPANY PVT LTD

Any stock unsold more than3 months is Aging inventory. who does not follow First in First out

Abd alwahab Alqaramseh
من قبل Abd alwahab Alqaramseh , Material Section Head , CEGCO

I think we confuse the warehouses of spare parts warehouses and retail trade, and the question here is not talking about the expiry date, but speaks of obsolete stock. 

In the warehouses of spare parts, it means that the stomach that use these parts have become out of service and therefore can not use these pieces 

In retail warehouses, means that these pieces have become undesirable in the market due to the emergence of most recent models

Subramanyam Srinivas
من قبل Subramanyam Srinivas , General Manager , N&N Enterprises

Material not sold beyond your Planning.

Mukkaram Siddique
من قبل Mukkaram Siddique , Finance, Management & Stocks , Amazon Foods Saudi Arabia

As the name suggests.

The time period between the Enrollment of stock in the Inventory register to the sale point / Date of enquiring the aging.

Muhammad Akram Shahzad Mughal
من قبل Muhammad Akram Shahzad Mughal , Assist. Manager Inventory & Warehouse , KahrPlast Co.

The Inventory Aging Report provides the inventory age identified by its receipt date. In case the receipt date information is lost, the inventory age cannot be ascertained and is therefore classified as "Inventory with Unknown Age". The number of columns in the report varies with the number of items in the inventory based on their age.

Shoufer Sharafudeen
من قبل Shoufer Sharafudeen , Purchasing Manager , Nahda Modern Group LLC

 Any stock unsold more than forecast and expected sales we called aging inventory. In other words who does not follow FIFO (first in first out).

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