loss of inventory

USAGE SUMMARY

The phrase "loss of inventory" is correct and usable in written English.
It can be used in contexts related to business, finance, or supply chain management to describe a situation where stock or goods are missing or unaccounted for. Example: "The company reported a significant loss of inventory due to theft and mismanagement."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

The sheriff's department has reported no significant loss of inventory.

The New York Times

Officer Kelly said, "A lot of shoplifting goes unreported because retail managers only see the loss of inventory.

The New York Times

Although a very thorough inspection process was keeping the bad cans off the market, Underwood could not tolerate the massive loss of inventory.

MIT Technology Review

In addition to workover costs, the loss of inventory due to gas transmission makes the reservoir insufficient in proper gas supply during the high-demand season.

Journal of Natural Gas Science and Engineering

Risk assessments for hazardous installations, in which loss of inventory could result in offsite risk, will generally require the modelling of the dispersion of toxic or flammable gases for several realistic scenarios in a range of representative wind conditions.

Journal of Wind Engineering and Industrial Aerodynamics

As for whether this children's section anticipates more loss of inventory from child-related wear and tear, Mary Ellen Keating, the company's senior vice president of corporate communications and public affairs, declined to provide figures, adding: "It's not a significant number.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

Additionally, losses of inventory are highly undesirable as well and challenge other systems in the plant.

Nuclear Engineering and Design

Place that event next to the recent Amazon loss on inventory of its Fire smartphone, and the Nook deal and it almost seems like making hardware is hard.

TechCrunch

"To resolve the inventory problems may have to take two to three years to see the results, and it's impossible to see a major effect within a couple of months," Kim Jin-goon, executive vice chairman of Li Ning, a maker of athletic apparel, said last week as his company predicted a full-year loss because of inventory backlogs and marketing costs.

The New York Times

Most times, the fine amounted to the loss of whatever inventory and equipment the lawyers happened to find.

The New Yorker

The capacity fade in the HP cell is predominantly due to the loss of lithium inventory.

Journal of Power Sources

Expert writing Tips

Best practice

When discussing financial statements or business performance, use "loss of inventory" to clearly indicate a reduction in assets due to factors like theft, damage, or obsolescence.

Common error

Don't confuse "loss of inventory" with an inventory write-off. A write-off is an accounting adjustment that reflects a decrease in the value of inventory, while "loss of inventory" indicates a physical disappearance or reduction in stock.

Linguistic Context

The phrase "loss of inventory" functions as a noun phrase, typically acting as the subject or object of a sentence. Ludwig AI confirms its usability in written English, particularly in business, finance, and supply chain contexts.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Science

42%

Academia

25%

Less common in

Formal & Business

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "loss of inventory" is a noun phrase used to describe a decrease in a company's stock due to various reasons. Ludwig AI indicates that the phrase is correct and usable in written English. While not extremely common, it is frequently encountered in professional, academic, and news-related contexts. Alternative phrases like "inventory shrinkage" or "stock loss" may be used depending on the specific situation. Remembering the distinction between physical loss and accounting adjustments (write-offs) is important when using this phrase.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

inventory shrinkage

This term is a more concise way to describe the reduction in inventory due to theft, damage, or errors.

stock loss

A simpler and more direct way to refer to missing or lost stock.

inventory depletion

Focuses on the reduction of inventory, often implying a gradual decrease rather than a sudden loss.

inventory wastage

Highlights the aspect of inventory being wasted, often due to spoilage or damage.

inventory shortfall

This phrase emphasizes the discrepancy between expected and actual inventory levels.

product disappearance

Emphasizes the unexplained absence of products from the inventory.

merchandise deficit

Specifically refers to a shortage of merchandise, often in a retail context.

goods disappearance

A general term that refers to missing goods, applicable to various industries.

asset write-down

Focuses on the accounting aspect of recognizing a loss in the value of inventory.

deficiency in stock

Formally indicates that stock levels are lower than required or expected.

FAQs

What are the primary causes of "loss of inventory"?

Common causes include theft, damage, obsolescence, administrative errors, and spoilage. Proper inventory management and security measures can help mitigate these risks.

What are some synonyms for "loss of inventory"?

You can use terms like "inventory shrinkage", "stock loss", or "inventory depletion", depending on the specific context.

How does "loss of inventory" affect a company's financial statements?

"Loss of inventory" typically results in a reduction of assets on the balance sheet and can impact the cost of goods sold (COGS) on the income statement, ultimately affecting profitability.

How can businesses prevent "loss of inventory"?

Implementing robust inventory control systems, enhancing security measures, conducting regular audits, and training employees on proper handling procedures can help minimize "inventory shrinkage" and loss.