Swedish to English Bus/Financial Accounting

Hello

I've just come to a series of entries in a company accounts with no context of course other than the numbers that follow

I note in particular 3 entries

Ökning/minskning *varulager*
*varulager* i procent av kortfristiga skulder
Kassalikviditet= Omsättningstillgångar exklusive *varulager* i procent av kortfristiga skulder.

Now I believe that "varulager" is stock (physical in the warehouse) and the figures are in SEK (not inventory numbers) so I was going to use "stock value"

But of course "Stock valuel" is used for the stock market and has a totally different meaning

so

1 Is varulager = the value of stock in the warehouse
2 what is the correct accounting term if the answer to 1 is 'yes'

Help, i'm going mad looking at this

Thanks