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.
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.
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.
The company recycles electrical manufacturing scrap, obsolete inventory and end-of-life electronics.