first in, first out

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13:08 Aug 12, 2009
English to Latvian translations [PRO]
Bus/Financial - Retail
Additional field(s): Accounting
English term or phrase: first in, first out
Definition from Retailing:
A method of stock rotation in which goods that are received first are sold first. Newly received product is stocked behind the older merchandise.

Example sentence(s):
  • Raw materials and ingredients should be stored and handled under suitable conditions to prevent spoilage, contamination and damage. Stocks of raw materials and ingredients should be properly rotated to ensure that the first-in-first-out principle is followed. Hong Kong FEHD
  • Follow rotational policies closely. Seafood always should be handled on a 'first in, first out' basis. This is particularly critical for fresh seafood because of shorter shelf life, but it also should be applied to frozen product display cases. Alaska Seafood Marketing Institute
  • Sell the earliest deliveries first - a frequent delivery service from one distributor will help to maintain the first in - first out arrangement. FAO CORPORATE DOCUMENT REPOSITORY
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Summary of translations provided
4"pirmais iekšā- pirmais ārā" metode; FIFO metode
Kristīne Biezā


Translations offered

5 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
"pirmais iekšā- pirmais ārā" metode; FIFO metode

Definition from Preču krājumu grāmatvedības uzskaite:
Preču krājumu grāmatvedības uzskaites metode — preču iegrāmatošana ar pirmās ievestās vai izgatavotās preču partijas cenām.

Example sentence(s):
  • Budžeta iestādes grāmatvedības uzskaitē krājumu novērtēšanai piemēro "pirmais iekšā - pirmais ārā" (FIFO) metodi. - Latvian legislation  
Kristīne Biezā
Local time: 07:32
Native speaker of: Native in LatvianLatvian
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