The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MANUFACTURING AND TRADE INVENTORIES AND SALES Definition & Legal Meaning

Definition & Citations:

A specific report that shows (1) trade and business sales value, (2) product inventory values for manufacturers, retailers and wholesalers, (3) inventories-to-sales ratio. This ratio is a guide comparing existing inventories availability versus continuing current sales rates. Economic growth or stagnation trend by the changing rate indicators displayed in this report.

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