varulager

Varulager refers to inventory of goods held for sale in the ordinary course of business. In retail and trading companies, it mainly consists of finished goods and merchandise that are intended for sale to customers. In manufacturing contexts, varulager may refer to goods that are finished or ready for sale, while raw materials and work-in-progress are categorized under materiallager or work-in-progress.

Accounting and valuation: It is a current asset on the balance sheet. It is typically valued at the lower of cost and net realizable value (NRV). Cost includes purchase price and other costs to bring goods to their current condition and location, such as freight, handling, and taxes. NRV is the estimated selling price in the ordinary course minus estimated costs to complete and sell. Methods to determine cost include first-in, first-out (FIFO) or weighted average, depending on accounting standards and policy. Some jurisdictions may use different methods; the key is consistency.

Management and risks: Efficient varulager management supports cash flow and service levels; common performance metrics include inventory turnover and days in stock. Risks include obsolescence, price declines, damage, theft, and excess or insufficient stock. Inventory controls include regular stock counts, perpetual inventory systems, and cycle counting; optimization of storage, demand forecasting, and supplier lead times are typical focus areas to maintain balance between availability and carrying costs.