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Discover Ludwig"taking stock" is a correct and usable phrase in written English.
It is typically used to mean assessing or evaluating one's situation. For example: "After the year we've had, I think it's important to take stock of what we're grateful for."
Dictionary
taking stock
verb
Present participle of take stock
Exact(59)
We're once again taking stock.
"Taking stock, sweetheart," the wife scolded.
Taking stock can be a grumbly affair.
He went on taking stock.
Taking stock in Karlheinz Stockhausen.
Her son's classmates were definitely taking stock.
Welby was "taking stock" on Tuesday night.
A cold river is for taking stock.
Taking stock of Angela Merkel's leadership.
"We're still taking stock," he said.
Similar(1)
Stroke: Taking stock--patient selection for acute stroke therapy.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com