Quantity of a material which, in a physical stock transfer using the two-step procedure, has already been taken out of stock at the point of issue but has not yet arrived at the point of receipt.
Stock in transfer is part of valuated stock at the point of receipt, but cannot yet be labeled "unrestricted-use".
Stock in transfer comprises the quantity transferred through transfer postings within Inventory Management but does not include the quantity transferred on the basis of stock transport orders. The latter type of stock is termed "stock in transit".