Inventory objects could include any kind of physical asset: merchandise, consumables, fixed assets, circulating tools, library books, or capital equipment.
en.wikipedia.org In 1953 the firm became a public company, with fixed assets of around 5 million, 1,000 licensed premises and around 1,100 employees.
en.wikipedia.org Similarly, fixed assets which have a useful life of less than one year are not capitalized.
en.wikipedia.org Corporate property tax, or tax on fixed assets, is assessed on year-averaged book value of fixed assets "excluding" land (which is subject to land tax).
en.wikipedia.org Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital.
en.wikipedia.org