Routing Number for Academy Bank NA in Colorado. A routing number is a 9 digit code for identifying a financial institute for the purpose of routing of checks (cheques), fund transfers, direct deposits, e-payments, online payments, etc. to the correct bank branch.
The cost of carrying or holding inventory is the sum of the following costs: 1  Money tied up in inventory, such as the cost of capital or the opportunity cost of the money. 2  Physical space occupied by the inventory including rent, depreciation, utility costs, insurance, taxes, etc. 3  Cost of handling the items.  Cost of deterioration and obsolescence.
BREAKING DOWN 'Carrying Cost Of Inventory'. Also referred to as carry cost of inventory, the carrying cost of inventory is the cost a business incurs over a certain period of time to hold and store its inventory. Businesses use this figure to determine how much profit can be made on current inventory.