Back to glossary hub
First In, First Out

What is FIFO?

FIFO is an asset-management and valuation method in which assets produced or acquired first are sold, used, or disposed of first.

FIFO stands for First In, First Out. FIFO is an asset-management and valuation method in which assets produced or acquired first are sold, used, or disposed of first.

The term matters when teams need a shared definition across planning, finance reviews, sales reporting, and weekly execution conversations. Without a common definition, the same metric can drift in meaning across functions.

Inside OKRindo, FIFO is most useful when it is tied to a decision. Use it to review progress, surface risk early, and choose the next action with clearer context.
Quick definition
FIFO is an asset-management and valuation method in which assets produced or acquired first are sold, used, or disposed of first.
How teams use it
Add FIFO to the weekly review rhythm so everyone interprets the term the same way before changing targets, forecasts, or priorities.

Turn definitions into execution

Ready to track FIFO inside a weekly execution system instead of spreadsheets?

Create your workspace

Explore more planning and finance terms

View all glossary terms