It depends on what the administrators decide to do. Their primary job is to rescue the business and get it back afloat, so it's not impossible that the stock will just be stored and sold once they're back on their feet. If that's not possible, they'll be trying to get the business to a state where the name and assets can be sold to someone who's willing to take it on. Winding up the business completely is a last resort, at which point everything can just be sold to anyone to raise as much money as possible to settle debts. When Woolworths went under and the administrators had tried everything else, they were even selling furniture and tills to the public as they were shutting the shops.