Gross margin of establishment

Definition

Gross margin refers to the difference between total operating revenue and cost of goods sold.

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

• Percentage of total operating revenue February 09, 2017 to current

Relation to previous version

• Gross margin of establishment February 09, 2017 to current

  This is the current version.