Value of inventories

Value of inventories includes all goods that according to a company's book-keeping form its current assets. According to Section 4 of the Book-keeping Act (1336/1997), current assets refer to commodities intended for assignment or consumption as such or after further processing.

Inventories also include purchases of goods abroad and binding purchase agreements where they represent the company's current assets. Inventories arising from commissioned work are reported by the commissioning company.


Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • Tilastokeskus