Meaning & use

stock on hand

noun·Academicbusiness

Last updated

UK/ˌstɒk ɒn ˈhænd/
US/ˌstɑːk ɑːn ˈhænd/

Meanings

  1. noununcountablebusiness

    The goods a business currently has available to sell or use, counted at a particular moment.

    Grammar: Used as an uncountable noun: our stock on hand is low, not 'stocks on hand' for goods.

    Patterns

    • check the stock on hand
    • stock on hand of something

    We checked the stock on hand before placing a new order.

    The shop reduced its stock on hand before the annual count.

    Our stock on hand of winter coats ran out by December.

  2. noununcountablebusinessspecialist

    In accounting, the quantity or value of inventory recorded as owned and available at the end of a period.

    Grammar: Usually appears in reports and spreadsheets.

    Patterns

    • stock on hand at the end of the month

    The balance sheet shows stock on hand worth fifty thousand dollars.

    Finance compares stock on hand with sales each quarter.

    Errors in the stock on hand figure distorted the profit report.

Common combinations

check stock on hand
Please check stock on hand before you promise delivery.
low stock on hand
The warehouse has low stock on hand for printer ink.
count stock on hand
Staff count stock on hand every Friday.
adequate stock on hand
The pharmacy keeps adequate stock on hand for flu season.
stock on hand report
The manager asked for a stock on hand report.

Synonyms and how they differ

inventory
It is a broader word for all goods held and also names the list of them.
available stock
It is more neutral and does not suggest a count taken at a given moment.
supplies
It refers to materials needed for use, rather than goods for sale.

Opposites

out of stock

Word family

stock noun
goods kept for sale
stock verb
to keep goods available
stocktake noun
a count of goods in a store
stockroom noun
a room where goods are kept

Commonly confused: stock on hand or in stock?

stock on hand vs in stock

'In stock' is an adjective phrase saying that an item is available, while 'stock on hand' is a noun phrase naming the goods or quantity.

Practice

Before we reorder, please count the ___ so we know what we really have.

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