Goods held for sale plus raw materials and work-in-process, valued at the lower of cost or net realisable value. LIFO is permitted under US GAAP but prohibited under IFRS.
Representative XBRL tag
InventoryNet
Related terms
Metrics on this page are computed by Moatkeep from reported filings and market data and are estimates: they depend on modelling choices (e.g. period alignment, share counts, currency) and on the underlying data being correct. Definitions are in the glossary. Figures are not investment advice — see the full disclaimer.