“Inventory” is classified as an asset under GAAP (generally accepted accounting principles). However, under some conditions, inventory can transform from a valuable asset to an onerous liability.  When inventory surpasses its sales rate or becomes unsellable, the asset becomes a destructive expense, causing actual costs and obliterating cash flow. This blog on Inventory An Asset …. View detail https://blog.efex.asia/is-inventory-an-asset-or-liability/