Abbreviation Encyclopedia
Inventory
FIFO
Full Form
First-In, First-Out
Details
An inventory valuation method where the goods first added to inventory are the first ones sold.
Frequently Asked Questions
The full form of FIFO is First-In, First-Out.
In the field of Inventory, FIFO stands for First-In, First-Out.
An inventory valuation method where the goods first added to inventory are the first ones sold.