Definition: Finished goods

Category: ESA 1995

Goods that are ready for sale or shipment by the producer (Annex 7.1: Definition of each asset category).

Finished goods as part of inventories consist of outputs that their producer does not intend to process further before supplying them (also when supplied for intermediate input into other processes of production) (§ 3.119). http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view
Source:
Eurostat, "European System of Accounts - ESA 1995", Office for Official Publications of the European Communities, Luxembourg, 1996
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