Inventory of establishment

Definition

Inventory refers to goods aimed to be held for sale, used in current and future production or other use at a later date.

Establishment refers to the level at which accounting data required to measure production is available (principal inputs, revenues, salaries and wages). The establishment, as a statistical unit, is defined as the most homogeneous unit of production for which the business maintains accounting records from which it is possible to assemble all the data elements required to compile the full structure of the gross value of production (total sales or shipments, and inventories), the cost of materials and services, and labour and capital used in production.

Measurements

  • Canadian dollar at current prices May 12, 2003 to current

Relation to previous version

  • Inventory of establishment February 09, 2017 to current

    This is the current version.

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