cycle counting

(noun)

A cycle count is an inventory auditing procedure, which falls under inventory management, where a small subset of inventory, in a specific location, is counted on a specified day. Cycle counts contrast with traditional physical inventory in that a full physical inventory may stop operation at a facility while all items are counted at one time. Cycle counts are less disruptive to daily operations, provide an ongoing measure of inventory accuracy and procedure execution, and can be tailored to focus on items with higher value, higher movement volume, or that are critical to business processes.

Related Terms

Examples of cycle counting in the following topics:

  • Internal Controls

    • Companies usually conduct cycle counts periodically throughout an accounting period as a means to ensure that the information in its inventory management system is correct.
    • To conduct a cycle count, an auditor will select a small subset of inventory, in a specific location, and count it on a specified day.
    • Cycle counts contrast with traditional physical inventory in that a full physical inventory may stop operation at a facility while all items are counted at one time.
    • Cycle counts are less disruptive to daily operations, provide an ongoing measure of inventory accuracy and procedure execution, and can be tailored to focus on items with higher value, higher movement volume, or that are critical to business processes.
    • Cycle counting should only be performed in facilities with a high degree of inventory accuracy.

  • Conducting a Physical Inventory

    • Physical inventory is a process where a business physically counts its entire inventory.
    • Cycle counting, an alternative to physical inventory, may be less disruptive.
    • Teams are then assigned and sent to count the stock.
    • The teams count the inventory items and record the results on an inventory-listing sheet.
    • When analyzing the results, a company must compare the inventory counts submitted by each team with the inventory count from the computer system.

  • Uterine (Menstrual) Cycle

    • The uterine cycle describes a series of changes that occur to the lining of the uterus, or endometrium, during a typical menstrual cycle.
    • Several changes to the uterine lining, or endometrium, occur during the menstrual cycle, referred to as the uterine cycle.
    • Menstrual cycles are counted from the first day of menstrual bleeding and are typically 28 days long.
    • This is referred to as an anovulatory cycle.
    • Anovulatory cycles commonly occur before menopause and in women with polycystic ovary syndrome.

  • Ovarian Cycle

    • The menstrual cycle is the scientific term for the physiological changes that can occur in fertile women for the purposes of sexual reproduction and fertilization.The menstrual cycle, under the control of the endocrine system, is necessary for reproduction.
    • Menstrual cycles are counted from the first day of menstrual bleeding.
    • Ovulation also occurs in the estrous cycle of other female mammals, which differs in many fundamental ways from the menstrual cycle.
    • The luteal phase (or secretory phase) is the latter phase of the menstrual or estrous cycle.
    • The ovarian cycle is the series of changes that occur in the ovary during the menstrual cycle that cause maturation of a follicle, ovulation, and development of the corpus luteum.

  • A Useful Mnemonic Rule

    • The simplest, albeit least rigorous, method for predicting the configurational path favored by a proposed pericyclic reaction is based upon a transition state electron count.
    • In most of the earlier examples, pericyclic reactions were described by a cycle of curved arrows, each representing a pair of bonding electrons.
    • Once this electron count is made, the following table may be used for predictions.

  • Decision Criteria

    • One measure of cash flow is provided by the cash conversion cycle—the net number of days from the outlay of cash for raw material to receiving payment from the customer.
    • Because this number effectively corresponds to the time that the firm's cash is tied up in operations and unavailable for other activities, management generally aims at a low net count.
    • This affects the cash conversion cycle.
    • Cash conversion cycle is a main criteria for working capital management.

  • Fibrocystic Disease of the Breasts

    • Fibrocystic breast disease is a condition where noncancerous lumps develop in the breast, causing discomfort during the menstrual cycle.
    • It is characterized by noncancerous breast lumps in the breast which can sometimes cause discomfort , often periodically related to hormonal influences from the menstrual cycle.
    • Symptoms follow a periodic trend tied closely to the menstrual cycle.
    • Fibrocystic breast changes are a cumulative process, caused partly by the normal hormonal variation during a woman's monthly cycle.
    • Adenosis involves abnormal count and density of lobular units, while other lesions appear to stem mainly from ductal epithelial origins.

  • Counting

  • HIV and AIDS

    • Alternatively, the virus may betranscribed, producing new RNA genomes and viral proteins that are packaged and released from the cell as new virus particles that begin the replication cycle anew.
    • Stage I: HIV infection is asymptomatic with a CD4+ T cell count (also known as CD4 count) greater than 500/uL.
    • A CD4 count of less than 500/uL.
    • A CD4 count of less than 200/uL.
    • Stage 3: CD4 count ≤ 200 cells/uL or AIDS defining conditions

  • Direct Counting

    • Direct counting methods are used to determine bacterial concentration without the need for advanced equipment.
    • Numerous procedures in biology and medicine require that cells be counted.
    • By counting the cells in a known volume of a culture, the concentration can be assessed.
    • Direct counting methods include microscopic counts using a hemocytometer or a counting chamber.
    • As with hemocytometers or counting chambers, cultures need to be heavily diluted prior to plating.