Home » Inventory » What does LCNRV mean in Inventory?

LCNRV in Inventory Meaning

The LCNRV meaning in Inventory terms is "Lower-Of-Cost-Or-Net Realizable Value". There are 2 related meanings of the LCNRV Inventory abbreviation.

LCNRV on Inventory Full Forms

  1. Lower-Of-Cost-Or-Net Realizable Value
  2. Lower of Cost Or Net Realizable Walue

Frequently Asked Questions (FAQ)

  1. What does LCNRV stand for Inventory?

    LCNRV stands for Lower of Cost Or Net Realizable Walue in Inventory terms.

  2. What is the shortened form of Lower of Cost Or Net Realizable Walue in Inventory?

    The short form of "Lower of Cost Or Net Realizable Walue" is LCNRV for Inventory.

Citation

LCNRV in Inventory. Acronym24.com. (2019, December 24). Retrieved March 31, 2025 from https://acronym24.com/lcnrv-meaning-in-inventory/

Last updated