The physical stocktaking of all assets and debts of a company. In the process, all available merchandise and goods are counted, measured, or weighed in order to determine the exact stock level.
example
Wegen der jährlichen Inventur bleibt das Geschäft am Montag geschlossen.
Because of the annual inventory, the shop will remain closed on Monday.
Usage tips
Word family
'Inventur' (inventory/stocktaking) is the process of counting. The result of this process is 'das Inventar' (the inventory), meaning the list of all counted items. Both words belong to the same word family.
EXAMPLE
Die Inventur dauert drei Tage, danach kennen wir das genaue Inventar.
The inventory takes three days; after that, we will know the exact inventory.
Typical collocation
The appropriate verb for 'die Inventur' (inventory/stocktaking) is 'machen' (to do/make). When a company counts its stock, it 'macht Inventur' (takes inventory).
EXAMPLE
Unser Geschäft muss einmal im Jahr Inventur machen.
Our shop has to take inventory once a year.
Use in retail
This word is mainly used in business and retail contexts. A typical sentence on signs in shops is 'Wegen Inventur geschlossen' (closed for inventory).
EXAMPLE
Wir können heute nichts verkaufen, weil wir gerade die Inventur machen.
We can't sell anything today because we are taking inventory right now.
Compare with
confusable
Inventur vs Inventar
inventory
'das Inventar' and 'die Inventur' are closely related, but they do not mean the same thing. 'Inventur' is the work or process: all goods and items are counted, measured, or checked. 'Inventar' is the result of that process, namely the exact list of assets and debts. The words are easy to confuse because they sound similar and are used in the same area. Remember: you do an 'Inventur' (inventory / stocktaking), and afterward the 'Inventar' (inventory list) is available.
Inventur
Im Supermarkt beginnt die Inventur erst nach Ladenschluss.
At the supermarket, the inventory does not begin until after closing time.
Inventar
Nach der Zählung trägt Frau Meier das Inventar in die Liste ein.
After the count, Ms. Meier enters the inventory list.