Closing Inventories definition

Closing Inventories as defined in Section 2.3(b).

Closing Inventories has the meaning set forth in Section 2.10(b). "Code" means the Internal Revenue Code of 1986, as amended. "Committee Trust Order" has the meaning set forth in Section 8.7(b). "Competing Bid" has the meaning set forth in Section 6.9.

Closing Inventories means the Inventories set forth in the Closing Inventory Schedule.

Examples of Closing Inventories in a sentence

• This line is the sum of lines 7 to 10 (Receipts from Other Reporting companies + Receipts from Other Non-Reporting Companies + Imports + Opening Inventories), and lines 2 and 5 (Transfers Inter-Products + Inter- Provincial Transfers In) LESS lines 11 to 15 (Closing Inventories, Deliveries to Other Reporting Companies, Exports, Losses and Adjustments, and Own Consumption) and LESS line 6 (Inter- Provincial Transfers Out).

• This line is thesum of lines 7 to 10 (Receipts from Other Reporting companies + receipts from other Non Reporting companies + Imports + Opening Inventories), and lines 1, 2 and 5 (Refinery Production+ Transfers + Interprovincial Transfers In) LESS lines 11 to 15 (Closing Inventories, Deliveries to other reporting companies, Exports, losses and adjustments, and own consumption) and LESS lines 3 and 6 (Transfers to Refinery Feedstock and Interprovincial Transfers Out).

• Closing Inventories Work-in-Progress382.88 1321.80Finished Goods1733.43 64.78Stock-in-Trade- -Scrap Materials30.88 21.06 2147.19 1407.64Opening Inventories Work-in-Progress1321.80 1273.57Finished Goods64.78 359.21Stock-in-Trade- 1.57Scrap Materials21.06 8.06 1407.64 1642.41 (739.55) 234.77 28.

• This line is the sum of lines 7 to 10 (Receipts from Other Reporting companies + receipts from other Non Reportingcompanies + Imports + Opening Inventories), and lines 1, 2 and 5 (Refinery Production + Transfers+ Interprovincial Transfers In) LESS lines 11 to 15 (Closing Inventories, Deliveries to other reporting companies, Exports, losses and adjustments, and own consumption) and LESS lines 3 and 6 (Transfers to Refinery Feedstock and Interprovincial Transfers Out).

• CHANGE IN INVENTORIESAs at 31st March, 2017As at 31st March, 2016(a) Opening inventories(i) Work in progress 4,35,94,971 3,73,87,111(ii) Finished Goods6,24,09,67510,60,04,6468,69,80,40612,43,67,517(b) Less: Closing Inventories (i) Work in progress6,91,20,0604,35,94,971(ii) Finished Goods 17,65,66,063(13,96,81,477)6,24,09,6751,83,62,871(c) Add: Increase/ Decrease of Excise Duty on Inventories(93,21,080)15,03,908 24.

• CHANGES IN INVENTORIES OF FINISHED GOODS, WORK IN PROGRESS AND STOCK-IN-TRADE Closing Inventories of : Goods under Process––Finished Goods––Trading Goods – – ––Opening Inventories of : Goods under Process––Finished Goods–0.02Trading Goods – – – 0.02Total changes in inventories of finished goods, work in progress and stock-in-trade – 0.02Notes to Accounts (Contd.)(Amounts in INR Lakhs) Year ended Year ended March 31, 2022 March 31, 2021 27.

• CHANGE IN INVENTORIES (₹ in Lakhs)ParticularsFor the year ended31st March, 2019For the year ended31st March, 2018(a) Opening inventories (i) Traded Goods71.46-(ii) Work in progress624.56691.20(iii) Finished Goods1,725.291,926.55 2,421.312,617.75(b) Less: Closing Inventories (i) Traded Goods46.6471.46(ii) Work in progress640.19624.56(iii) Finished Goods1,812.451,725.29 2,499.272,421.31TOTAL(77.97)196.44 27.

• Total estimated impact on the operating margin due to the fall in commodity prices is € 8.0 million (equivalent to INR 619 million), which includes a provision of € 3.0 million (equivalent to INR 237 million) towards fall in Net Realizable Value on Closing Inventories as of December 31, 2014.

• The "Adjustment Amount" (which may be a positive or negative number) will be equal to the amount determined by subtracting the Closing Inventories from the Initial Inventories.

• This line is the sum of lines 7 to 10 (Receipts from Other Reporting companies + receipts from other Non Reporting companies + Imports + Opening Inventories), and lines 1, 2 and 5 (Refinery Production + Transfers+ Interprovincial Transfers In) LESS lines 11 to 15 (Closing Inventories, Deliveries to other reporting companies, Exports, losses and adjustments, and own consumption) and LESS lines 3 and 6 (Transfers to Refinery Feedstock and Interprovincial Transfers Out).

More Definitions of Closing Inventories

Closing Inventories means the value of the Inventory as of the Closing, determined in accordance with Accounting Principles.