Abbreviation Encyclopedia
Inventory
HIFO
Full Form
Highest-In, First-Out
Details
An inventory method where the items with the highest cost are the first to be removed from stock.
Frequently Asked Questions
The full form of HIFO is Highest-In, First-Out.
In the field of Inventory, HIFO stands for Highest-In, First-Out.
An inventory method where the items with the highest cost are the first to be removed from stock.