stock·tak·ing 
/ˈstɑ:kˈteɪkɪŋ/ noun
/ˈstɑ:kˈteɪkɪŋ/ noun 1 chiefly Brit : the activity or process of thinking about a problem or situation in order to decide what to do [noncount] ▪ It is time for some stocktaking. [=it's time to take stock of the situation] [singular] ▪ It is time for a stocktaking. 2 [noncount] Brit : the act or process of making a complete list of the items or things that are in a place : inventory
