End Inventory, also known as Closing Stock, is an accounting term that denotes the total amount of product or assets held by a business at the end of an accounting period. This figure allows a business to get an accurate snapshot of its current inventory status and to analyze performance for future planning and forecasting. End Inventory is determined by counting or measuring the stock or inventory on hand, comparing it with records from earlier periods, and making any necessary adjustments. Knowing one’s end inventory can help businesses understand their cash flow situation, balance sheets, and other financial metrics. Ultimately, End Inventory is a crucial tool in managing the run of a business and ensuring its long-term success.