average stock
noun[CorU]
ACCOUNTINGukustheaveragevalueofproductskeptforsaleduring anaccountingperiod. It iscalculatedbyaddingthevalueof theproductsat thebeginningof theperiodand thevalueat the end of theperiodand thendividingthetotalby two:
The company'sratioofaveragestocktototalnetsaleswas 21.3%.