net realizable value

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Related to Realizable Value: Present value, Fair value

Net Realizable Value

The net asset value of an asset or investment if it were sold, less the estimated cost of the sale and the amount the seller would have to spend to bring the asset or investment to a state where it can be sold. The NRV is used in GAAP accounting rules to ensure that the value of an asset or investment is not overstated.

net realizable value

the amount for which a FIXED ASSET or CURRENT ASSET can be sold, less any selling expenses involved. Net realizable value of an asset may be below its Net Book Value in which case the ACCOUNTING PRINCIPLE of prudence would suggest that the value of the asset in the company's LEDGER accounts should be adjusted downward to avoid overstating asset values in the BALANCE SHEET.
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All other assets are presented at estimated net realizable value on an undiscounted basis.
On the first issue, discussion centered on whether a write-down of nonmonetary assets (for example, fixed assets or identifiable intangibles) to net realizable value should be reversed.
Loans secured by collateral not readily marketable or susceptible to deterioration in realizable value.
The Lawrence facility will also be written down to net realizable value as part of the Company's fourth quarter 2005 financial results and the plant will also be prepared for sale.
8 million impairment charge to write-down to net realizable value the carrying value of certain assets used in the Company's steel stamping business.
The restructuring charges include primarily the write-down of intangible and tangible assets to net realizable value, along with certain charges related to its 1994 "re-engineering" plan.
The Company also expects to record during the fourth quarter approximately $23-28 million in pretax charges for the closing of 40-45 underperforming Wendy's restaurants that were negatively impacting profits and returns, and to reflect the net realizable value of a market held for disposition.
The increase in net loss is primarily due to an additional write down of $2,412,000 in property values to their estimated realizable value and the provision for additional reassessment of the La Mirada facility by the Los Angeles County Tax Assessor of approximately $800,000.
May 5 /PRNewswire/ -- The Presley Companies (NYSE: PDC) today reported that, in connection with finalizing the company's annual Proxy Statement, the company has changed the method of determining net realizable value of its real estate inventories to include post-completion holding costs other than interest.
9 million in the 2005 third quarter to reduce the carrying value to its estimated net realizable value.
A major work action at Delphi, and the impact it would have on GM's long-term production plans, could severely impair the realizable value of Delphi's asset base in a liquidation scenario.
These activities resulted in the Company reducing the carrying value of its pre-existing transmission equipment, MDU systems and set-top converters to their net realizable value.