7. Glossary

Selling price (PV)

This is the public selling price (in the case of the end-buyer) or the upstream selling price of the end-buyer. It applies to goods and services.

Direct consumption (CD)

Everything directly identified as assignable in the product and/or service sold.

Equipment depreciation

There are several accounting rules, depending on the nature of the equipment (buildings, machinery, IT equipment, etc.) linear or declining balance; a special case concerns equipment and tooling specific to the product and/or service, the cost of which may be spread over the production life of the product and/or service.

Working capital requirement (WCR)

This is the sum of trade receivables and inventories, less trade payables....