Is inventory an asset?

Inventory assets refer to assets reserved for sale or consumption by an enterprise during the production and operation process. Inventory assets include raw materials, fuel, work in progress, self-made semi-finished products, finished products, low-value consumables, packaging, repair spare parts, purchased goods, etc.

Warm reminder: The above information is for reference only.

Response time: 2021-10-14. For the latest business changes, please refer to the official website of Ping An Bank.

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