Obsolete Inventory

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Obsolete Inventory

Inventory that has not been sold to customers at the end of its useful life. A company writes off its obsolete inventory; because the company has not sold this inventory, it does not produce any revenue. Obsolete inventory can result in significant losses. Some investors look out for obsolete inventory because it can indicate either lack of demand for the company's product or poor inventory management.
References in periodicals archive ?
com and numerous additional private-labeled platforms, combine the power of the Internet with business services to proactively manage slow-moving, aging or obsolete inventories.
com, together with numerous client-branded sites, leverage the power of the Internet and combine it with business services to proactively manage slow-moving, aging or obsolete inventories.
com, together with numerous client-branded sites powered by FreeFlow, leverage the power of the Internet and combine it with business services to proactively manage slow-moving, aging or obsolete inventories.
com, together with numerous client-branded sites powered by FreeFlow, leverages the Internet and combines it with business services to proactively manage slow-moving, aging or obsolete inventories.
WCTbid was introduced to the marketplace today by announcing a comprehensive suite of inventory asset management solutions that leverage the power of the Internet and combine it with business services to effectively manage slow-moving or obsolete inventories.
Aidmatrix will partner with the world's leading suppliers, manufacturers and distributors of aid items such as food, clothing and building supplies, and transportation providers to help them manage donations as well as liquidation of excess and obsolete inventories.
Clasen said that, having adjusted for obsolete inventories, EFI also has improved receivables and cash flow.
Explained LaForge, "A demand not met quickly can result in lost sales, lost customers and obsolete inventories.