expression
last in, first out; LIFO
Accounting and inventory management term. Refers to the method where the most recently added items are used or sold first.
在庫評価に後入れ先出し法を採用している。
We use the last-in, first-out method for inventory valuation.
後入れ先出しは、物価上昇時に利益を圧縮する効果がある。
LIFO has the effect of compressing profits during periods of rising prices.
FIFO (first in, first out), the opposite inventory method where the oldest items are used or sold first.
Compound of 後入れ (あといれ, 'putting in later') and 先出し (さきだし, 'taking out earlier'), directly translating the English accounting term 'last in, first out'.