an occasion when a company or shop makes a list of all the materials and goods that it has a supply of; = inventory AmE:
• The group uncovered the loss after year-end stocktaking.
— stocktake noun [countable] :
• The accountants never attended the stocktake or checked the valuation.
— stocktake verb [intransitive]
— stocktaker noun [countable] :
• An outside stocktaker was appointed to draw up an annual inventory of all stocks.
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stocktaking UK US (UK
► ACCOUNTING, PRODUCTION, COMMERCE the activity of counting the goods or materials owned by a company or available for sale in a store at a particular time: »
The car maker will stop its production lines for three days next week for stocktaking.
»She's doing stocktaking.
Financial and business terms. 2012.