Obsolete Inventory

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 ?
Metech, a leading recycler of electronic industrial manufacturing scrap, obsolete inventory, non-conforming materials and end-of-life electronics, has additional ISO 9001 and 14001 certified facilities in Gilroy, Calif.
For example, the FMV of a well-balanced inventory available to fill customer orders may exceed its reproduction cost, because it provides a continuity of business while the value of obsolete inventory may be less than its reproduction cost.
In addition, many departments store substantial amounts of excess and obsolete inventory that increases the county's warehousing and carrying costs.
For example, I've found that barter doesn't just apply to obsolete inventory.
a manufacturer, sold its slow-moving and obsolete inventory to S.
ATLANTA -- MDSi, the industry's leading authority on reverse logistics, refurbished technology and reducing technology expenditures, today announced that the company has been providing a leading provider of global communications with the capability to create and execute cost effective and accelerated initiatives designed specifically for the disposal, or reconditioning, of obsolete inventory in the company's global environment, while ensuring that the telecom leader maintained complete compliance with local, as well as global, disposal laws/regulations.
Metech International specializes the recycling and reuse of industrial manufacturing scrap, obsolete inventory, end-of-life electronics and what it refers to as non-conforming materials.
These customers use FreeflowAuctions to proactively move current, excess and obsolete inventory to capture millions of dollars in incremental product revenue yearly.
The company recycles electrical manufacturing scrap, obsolete inventory and end-of-life electronics.
NASDAQ:GTSI), a leading government technology solutions provider, today announced that valuation issues will result in an accounting reserve associated with the liquidation of excess and obsolete inventory.
As a result of the decline in product sales, lower than average sales prices, increases in excess and obsolete inventory reserves, and higher material prices, the cost of sales on product sales increased from $8.
Avoid inventory liability through better management of excess and obsolete inventory and simulation of schedule changes before committing.