def host_inventory_set(hostid, **kwargs):
    '''
    Update host inventory items
    NOTE: This function accepts all standard host: keyword argument names for inventory
    see: https://www.zabbix.com/documentation/2.4/manual/api/reference/host/object#host_inventory

    .. versionadded:: 2019.2.0

    :param hostid: ID of the host to update
    :param clear_old: Set to True in order to remove all existing inventory items before setting the specified items
    :param _connection_user: Optional - zabbix user (can also be set in opts or pillar, see module's docstring)
    :param _connection_password: Optional - zabbix password (can also be set in opts or pillar, see module's docstring)
    :param _connection_url: Optional - url of zabbix frontend (can also be set in opts, pillar, see module's docstring)

    :return: ID of the updated host, False on failure.

    CLI Example:
    .. code-block:: bash

        salt '*' zabbix.host_inventory_set 101054 asset_tag=jml3322 type=vm clear_old=True
    '''
    conn_args = _login(**kwargs)
    ret = {}
    try:
        if conn_args:
            params = {}
            clear_old = False
            method = 'host.update'

            if kwargs.get('clear_old'):
                clear_old = True

            kwargs.pop('clear_old', None)
            inventory_params = dict(_params_extend(params, **kwargs))
            for key in inventory_params:
                params.pop(key, None)

            if hostid:
                params.setdefault('hostid', hostid)
            if clear_old:
                # Set inventory to disabled in order to clear existing data
                params["inventory_mode"] = "-1"
                ret = _query(method, params, conn_args['url'], conn_args['auth'])

            # Set inventory mode to manual in order to submit inventory data
            params['inventory_mode'] = "0"
            params['inventory'] = inventory_params
            ret = _query(method, params, conn_args['url'], conn_args['auth'])
            return ret['result']
        else:
            raise KeyError
    except KeyError:
        return ret