stocktakeverb [ I ]
uk/ˈstɒkteɪk/usUK ACCOUNTING, PRODUCTION, COMMERCEto count the goods and materials owned by a company or available for sale in a store at a particular time:
How often you need to stocktake is different for every business.
stocktakenoun [ C ]
uk/ˈstɒkteɪk/usUK ACCOUNTING, PRODUCTION, COMMERCEan occasion on which the goods and materials owned by a company or available for sale in a store at a particular time are counted:
It is our stocktake and everyone is busy.
do a stocktake I do a complete stocktake once a month.