continuous inventory
noun[CorU]
ukuspluralcontinuous inventories(alsoperpetual inventory)ACCOUNTING
asystemofregularlycheckinginformationon thequantityandtypeofgoodsthat acompanyhasavailabletosell:
In thecontinuousinventoryprocedure,stocksarecountedcontinuouslythroughouttheentirefiscalyear.