Include(s) stocks of completed goods, work in process, and raw materials

Inventory includes stocks of completed goods, work in process, and raw materials. 

Inventory is the products and materials that a business holds for definitive objectives to have a reason for resale.

The idea of inventory has been reached out from assembling frameworks to benefit organizations and tasks, by summing up the definition to be "all work inside the procedure of creation all work that is or has happened preceding the fulfillment of generation." with regards to an assembling generation framework, stock alludes to all work that has happened - crude materials, in part completed items, completed items before deal and takeoff from the assembling framework. With regards to administrations, stock alludes to all work done a preceding deal, including halfway process data.