Discontinued — last reported Q4 '17
Consolidation · Inventory LIFO Reserve
Material Reconciling Items — Inventory LIFO Reserve
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ4 2017Feb 26, 2018
Rolls up toInventory LIFO Reserve
How to read this metric
An increase in the reserve typically indicates rising inventory costs in an inflationary environment, while a decrease may indicate inventory liquidation or deflationary trends.
Detailed definition
This represents the difference between the cost of inventory calculated under the LIFO method and the cost under the FIF...
Peer comparison
Common for industrial companies using LIFO accounting to manage tax and inventory valuation impacts.
Metric ID:
aa_segment_material_reconciling_items_inventory_lifo_reserveSimilar Metrics at Other Companies
Frequently Asked Questions
- What does material reconciling items — inventory lifo reserve mean?
- The consolidated LIFO reserve adjustment used to reconcile inventory values to the company's primary accounting method.