qtyonhand
Qtyonhand, short for quantity on hand, is a term used in inventory management to denote the current quantity of a specific item physically present in stock at a given location. It is a real-time or near real-time reflection of stock levels held in a company's warehouses or stores, and it can be stored as a numeric field in an item master or warehouse record. The exact data type may be integer or decimal, depending on the unit of measure and the system in use.
Qtyonhand is maintained through stock transactions such as receipts, issues, transfers between locations, and adjustments arising
In practice, qtyonhand is often contrasted with related quantities such as qtyavailable (the portion of on-hand
Example: if a product shows 150 units on hand and 25 units are allocated to open orders,