The idea is that, as is the case with Airbnb, unused inventory is monetized when it is lying idle because it is not being used by its owner.
Inventories are the idle stock of physical goods having economic values and are held in various forms by an organization, like raw materials, work-in-process goods, finished goods waiting for packing or transportation or use or sale in future.
That meant Western capital was idle in inventory.
But the effect of all that idle Xbox inventory is evident on its profit-and-loss statement.
All this involves a lot of moving around of drums and containers, and plenty of inventory sitting idle.
"There isn't a business out there that doesn't have excess inventory or idle assets," said George Samenuk, the president and chief executive of TradeOut.com, an online exchange.
Toyota, which pioneered the process of running just-in-time inventory systems, idled all its domestic plants for lack of parts or resins.The staggered power cuts are also proving ill-conceived.
Texas Instruments narrowed the range of its first-quarter forecast for earnings and revenue Monday after it said it was idling factories and reducing inventory after a sharp fall-off in demand.
GENERAL MOTORS CORP., Detroit, the automaker, said it would shut down its Detroit-Hamtramck AssemBuickLeSabresere Buick LeSandes and Cadillac Sevilles and Devilles are built, from Monday through Friday next week, and temporarily idle 3,200 workers to adjust inventory levels.
The term refers to the fact that as Priceline draws more customers, more suppliers want to work with the company to sell unused airline seat or hotel room inventory that would otherwise sit idle.
