Opening stocks definition

Opening stocks means the stocks on the last day of the month preceding the reported one. ‘Closing stocks’ means the stocks on the last day of the reported month.
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Examples of Opening stocks in a sentence

  • Opening stocks of the Ore atconcentrator/PlantOre received from the mineOre treatedQuantityMetal content/gradeQuantityMetal content/gradeQuantityMetal content/grade Concentrates * ObtainedTailingsClosing stocks of concentrates theconcentrator/PlantQuantityValueMetal content/gradeQuantityMetal content/gradeQuantityMetal content/grade *In case of any leaching method adopted, give quantity recovered and grade contained separately.

  • Gem Variety Industrial OthersRough and uncut stonesCut and Polished StonesNo ofstonesQty @No ofstonesQty @No of stonesQty @No of stonesQty @A .Opening stocks i)From OpencastWorking ii)From undergroundworking TOTAL (Production) C.Despatches D.Closing Stocks E.Ex_mine Price* ( @The Unit of quantity viz.

  • Opening stocks of metals/Products1[Placeof Sale]Metals/Products sold(@)Closing stocks ofMetals/ProductsQuantityGradeQuantityGradeValue(#)QuantityValue Note:(*) Please give category-wise break-up viz.

  • Opening stocks were £10,250, while closing stocks amounted to £9,640.Calculate (a) purchases and (b) the cost of goods sold for 20X2.E X A M P L E 4 .

  • Gem Variety Industrial OthersRough and uncutstonesCut andPolished StonesNo ofstonesQty @No ofstonesQty @No of stonesQty @No of stonesQty @A .Opening stocks i)From OpencastWorking ii)From underground working TOTAL (Production) C.Despatches D.Closing Stocks E.Ex_mine Price* ( @The Unit of quantity viz.

  • Opening stocks ofmetals/ProductsPlace of SaleMetals/Products sold(@)Closing stocks ofMetals/ProductsQuantityGradeQuantityGradeValue(#)QuantityValue Note:(*) Please give category-wise break-up viz.

  • Opening stocks of the Ore atconcentrator/PlantOre received from the mineOre treatedQuantityMetal content/gradeQuantityMetal content/gradeQuantityMetal content/grade Concentrates * ObtainedTailingsClosing stocks of concentrates theconcentrator/PlantQuantityValueMetalcontent/gradeQuantityMetalcontent/gradeQuantityMetalcontent/grade *In case of any leaching method adopted, give quantity recovered and grade contained separately.

  • The simplified framework for SEEA is given in Table 11.In the first step the SEEA suggest establishing physical accounts that contain information on Opening stocks, Other changes in volume and the Closing stocks.

  • Opening stocks: Discovered and undiscovered reservesThe level of the reserves at the beginning of the year.

  • Taxation Opening stocks USD 1,852,015.28 USD 8,839,887 Purchases USD 26,931,927.15 USD 36,185,072 Commission paid USD 22,321.66 USD 52,762 Sales discount USD 12,036.61 USD 208,203 C.O. & declaration USD 0.00 USD 24,421 Sub contracting fee USD 0.00 USD 3,130 Less: Closing stocks (USD 2,490,732.39) (USD 1,852,015) USD 26,327,568.31 USD 43,461,460 No Provision for Profit tax is made in the accounts as the allowable losses brought forward exceed the estimated assessable profits for the year.

Related to Opening stocks

  • Rolling Stock means a qualified truck, a trailer designed to be drawn behind a qualified truck, and parts or other tangible personal property affixed to or to be affixed to and directly used in the operation of either a qualified truck or a trailer designed to be drawn behind a qualified truck.