closing stock

a business's remaining stock at the end of an accounting period. It includes finished products, raw materials, or work in progress and is deducted from the period's costs in the balance sheets.


At the end of the month the closing stock was 10 per cent higher than at the end of the previous month.

Browse by Subjects
unadjusted trial balance
opening stock
See All Related Terms »

common shares
Gold bull
TSX Group
sales analysis