Bassett Furniture Industries BSET Wholesale — Inventory Write Down
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Where this comes from
Reported directly by Bassett Furniture Industries in its filing.
Tagged under the XBRL concept us-gaap:InventoryWriteDown.
The official record: Bassett Furniture Industries’s 10-Q, filed July 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Bassett Furniture Industries's wholesale — inventory write down?
- Bassett Furniture Industries (BSET) reported wholesale — inventory write down of $155K in Q1 2026.
- How has Bassett Furniture Industries's wholesale — inventory write down changed year-over-year?
- Bassett Furniture Industries's wholesale — inventory write down decreased by 74.2% year-over-year, from $601K to $155K.
- What is the long-term trend for Bassett Furniture Industries's wholesale — inventory write down?
- Over 3 years (2021 to 2025), Bassett Furniture Industries's wholesale — inventory write down has grown at a -5.8% compound annual growth rate (CAGR), from $2.06M to $1.72M.
- What does wholesale — inventory write down mean?
- This reflects the periodic expense recognized when the carrying value of inventory is reduced to its net realizable value due to factors like obsolescence or market demand shifts. It serves as a key indicator of inventory quality and the effectiveness of supply chain management.