Análisis y aplicación de métodos de valoración de existencias en el comerciominoristas y utilidad bruta versus CMP

Abstract

The valuation method applied on inventories, in any sector, is basic not only to determine the accounting result of the year, but also due to its effect on the patrimonial value of a firm. In the retail business sector, with a great importance over the Latin American economy, the inventory valuation has been made according to general criteria applicable to both industry and commerce sectors, as they are the Weighted Average Cost, FIFO or LIFO. However, in the majority of cases, other specific alternative valuation methods have not been taken into account for this business sector, as they are the Retail Method and the Gross Profit Method. The aim of this paper lies on making a comparative study of inventory valuation by the Weighted Average Cost, the Retail method and the Gross Profit Method on a firm, using the research method of the study case and it also lies on showing the advantages and disadvantages that appear when these methods are applied. As it will be shown, the Gross Profit Method is an interesting and useful method to traditional methods.