Discontinued — last reported Q4 '23
Geographic · Inventory Write Down
International — Inventory Write Down
Best Buy International — Inventory Write Down remained flat by 0.0% to $4.25M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 383.3%, from -$1.5M to $4.25M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2023Mar 17, 2023
Rolls up toInventory Write-Down
How to read this metric
An increase suggests inventory management inefficiencies or declining product demand, while a decrease indicates healthy inventory turnover and effective demand planning.
Detailed definition
The expense recognized by the international segment to reduce the carrying value of inventory that has become obsolete,...
Peer comparison
Standard metric across retail sectors, often disclosed as 'Inventory valuation adjustments' or 'Lower of cost or market write-downs'.
Metric ID:
bby_segment_international_inventory_write_downHistorical Data
2 years
| FY'22 | FY'23 | |
|---|---|---|
| Value | -$6M | $17M |
| YoY Change | — | +383.3% |
Range-$6M – $17M
Avg YoY Growth+383.3%
Median YoY Growth+383.3%
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Frequently Asked Questions
- What is Best Buy's international — inventory write down?
- Best Buy (BBY) reported international — inventory write down of $4.25M in Q4 2022.
- How has Best Buy's international — inventory write down changed year-over-year?
- Best Buy's international — inventory write down increased by 383.3% year-over-year, from -$1.5M to $4.25M.
- What does international — inventory write down mean?
- The cost of reducing the value of international inventory that is no longer worth its original price.