Source : Webster's Revised Unabridged Dictionary (1913)

Inventory \In"ven*to*ry\, v. t. [imp. & p. p. {Inventoried}; p.
   pr. & vb. n. {Inventorying}.] [Cf. F. inventorier.]
   To make an inventory of; to make a list, catalogue, or
   schedule of; to insert or register in an account of goods;
   as, a merchant inventories his stock.

         I will give out divers schedules of my beauty; it shall
         be inventoried, and every particle and utensil labeled.
                                                  --Shak.

Source : WordNet®

inventorying
     n : making an itemized list of merchandise or supplies on hand;
         "the inventory took two days" [syn: {inventory}, {stocktaking}]