Stock-in-trade is the value of the clothes and goods the company is holding, for a retailer its inventory. Too much means unsold goods and likely discounts; too little means empty shelves.
存货
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| — | H&M: operating profit jumps 23% as cost control pays off 存货 · 第 9 张术语卡 | It rose to SEK 39,355 m, and the company pins the rise on goods still in transit — which is a logistics story, not a 'nobody wants to buy' story. 看存货要连着看两件事：① 结构（是不是当季、卖得动的货）；② 能不能撑住毛利率。
存货积压 → 清仓打折 → 毛利率下滑。所以服装公司每季都会强调「存货结构良好」。本季增加的部分主要是还在海上运输的「在途商品」。 |