Official Concept and Definition

Inventories

Definition

Refer to the stock of goods owned by and under the control of the establishment as of a fixed date, regardless of where the stocks are located. Valuation is at current replacement cost in purchaser prices. Replacement cost is the cost of an item in terms of its present price rather than its original cost.

Formula
PSS Agency PSA
Source/s

2012 Census of Philippine Business and Industry (CPBI)

https://psa.gov.ph/content/2012-census-philippine-business-and-industry-administ…
Indicators / Statistics Being Generated Not applicable
PSA Board Resolution Not applicable
Statistical Domain Economic Statistics
Statistical Activity Business Statistics

Official Concepts and Definitions

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