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It is classified as a current asset on a company's balance sheet. The three types of inventory include raw materials, work-in-progress, and finished goods.Learn every single step to perform a physical inventory, expert tips for managers and how to pick an inventory counting process. Here is why you should be using Google Sheets and Google Forms to manage your inventory. It is low-cost, accurate, and easy to set up. Finished goods inventories are the stock that has completed all stages of production and is now marketed. The NYSE is the world's largest stock exchange, offering icons and entrepreneurs the opportunity to raise capital and change the world.