diff --git a/erpnext/stock/doctype/item/item.js b/erpnext/stock/doctype/item/item.js
index e32080a..7aa5a03 100644
--- a/erpnext/stock/doctype/item/item.js
+++ b/erpnext/stock/doctype/item/item.js
@@ -59,6 +59,10 @@
 		erpnext.item.toggle_reqd(frm);
 
 		erpnext.item.toggle_attributes(frm);
+
+		if (frm.is_new() && frm.doc.is_stock_item) {
+			frm.fields_dict.inventory.collapse(false);
+		}
 	},
 
 	validate: function(frm){
@@ -91,6 +95,7 @@
 	},
 
 	is_stock_item: function(frm) {
+		frm.is_new() && frm.fields_dict.inventory.collapse(!frm.doc.is_stock_item);
 		erpnext.item.toggle_reqd(frm);
 	},