Inventories are stock of products of a company. Inventory constitute the most important part of current assets. The various forms of inventory are raw materials, work-in-progress and finished goods. If a firm maintain high level of inventory than funds of company are tying up and if firm maintain low level of inventory than it disturbs the production and sales, so management of inventory is very important for success of business. The main objective of inventory management is to maintain sufficient level of inventory and to minimize carrying cost and time. In present study an attempt is made to examine inventory management in selected paint companies of India for the period of five years 2016-17 to 2020-21. For data analysis and interpretation various techniques like trend analysis, ratio analysis, charts, graphs, ANOVA test are used by the researcher.

KEYWORDS: Inventory, Inventory Management, Inventory Turnover Ratio, Inventory Control.