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DNOW DNOW Inventory valuation adjustments

Inventory valuation adjustments at other companies

Applied Optoelectronics logo
Applied OptoelectronicsAAOI
$1.95M+127%
DNOW logo
DNOWDNOW
$16M+1,500%
Casey's General Stores logo
Casey's General StoresCASY
$108K-95.0%
Energy Transfer logo
Energy TransferET
$39M+81.4%
PPG Industries logo
PPG IndustriesPPG
$181M+7.1%
SharkNinja logo
SharkNinjaSN
$100K-90.0%

Other financials

Income statement

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Revenue$1.2B+97.5%
Gross profit$193.0M+39.9%
Operating income-$50.0M-272%
Net income-$44.0M-310%
EPS (diluted)-$0.24-226%

Balance sheet

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Cash & equivalents$116.0M-47.0%
Total debt$737.0M+1,698%
Total equity$2.1B+87.7%
Total assets$3.9B+138%

Cash flow

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Operating cash flow-$95.0M-494%
CapEx$8.0M+33.3%
Free cash flow-$103.0M-368%

Valuation

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Market cap$2.45B+22.9%
Enterprise value$3.07B+74.6%
P/S0.7×-0.1×

Profitability

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Gross margin15.6%-6.8pp
Operating margin-5.1%-9.6pp
Net margin-4.6%-7.8pp
FCF margin1.6%-6.2pp

Returns & leverage

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Return on equity-9.5%-16.5pp
Debt / equity0.3×+0.3×
Current ratio2.4×+0.1×

Where this comes from

Reported directly by DNOW in its filing.

Tagged under the XBRL concept us-gaap:InventoryLIFOReserveEffectOnIncomeNet.

The official record: DNOW’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DNOW's inventory valuation adjustments?
DNOW (DNOW) reported inventory valuation adjustments of $16M in Q1 2026.
How has DNOW's inventory valuation adjustments changed year-over-year?
DNOW's inventory valuation adjustments increased by 1500.0% year-over-year, from $1M to $16M.
What does inventory valuation adjustments mean?
This metric represents the non-cash adjustment to net income resulting from the use of the Last-In, First-Out (LIFO) inventory accounting method. It reflects the change in the LIFO reserve, which reconciles the difference between the cost of goods sold under LIFO and the cost under an alternative method like FIFO. Investors use this to understand the impact of inventory cost flow assumptions on reported earnings and to normalize profitability across companies using different inventory valuation policies.