capital in the form of cash or debtors, raw materials, finished products and work in progress required for a company to carry on its business
Circulating capital consists of the following:
(a) stocks, products of the holding and supplies in store;
(b) other circulating capital;
- value of cultivations (limited to the value of fertilizers, soil improvers, seeds and seedlings used for the growing crop, excluding seedlings for permanent crops),
- holdings of agricultural shares (shares in cooperative or other organizations whose services are used by the holding);
- sundry debtors; amounts receivable in the short-term in respect of sales of produce or fixed assets or the provision of services,
sums paid in advance for goods and services,
- cash balances (in hand, at the bank, in postal giro account) necessary for running the holding.
Это интересно
FI: liikkuva pääoma [T40279]
DE: Umlaufkapital [T40279]; Umlaufvermögen [T40279]
FR: capital circulant [T40279] (ensemble du matériel meuble d'une exploitation agricole [EUR])
