What does americas — inventory write down mean?

The expense recognized when the carrying value of inventory in the Americas segment is reduced to its net realizable value due to obsolescence, damage, or market price declines. It reflects the loss of value in stored energy products or components.

EnerSys ENS Americas — Inventory Write Down

Discontinued — last reported Q4 '20

Similar metrics at other companies

AVAVInventory write-downs

$2.45M+239%

AAONInventory write-downs

$701K+1,130%

TERInventory write-downs

$4.68M-5.3%

PRMBInventory write-downs

$2.8M+133%

EMNAdvanced Materials — Inventory Write-down

$3M—

MOVEInventory — Inventory Write Down

$175K—

Other financials

Income statement

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Revenue$987.9M+1.3%

Gross profit$290.9M-4.2%

Operating income$123.7M-5.8%

Net income$77.3M-19.9%

EPS (diluted)$2.05-14.9%

Balance sheet

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Cash & equivalents$438.7M+27.8%

Total debt$1.2B-1.6%

Total equity$1.9B-0.6%

Total assets$4.0B+0.8%

Cash flow

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Operating cash flow$144.0M+6.5%

CapEx$12.8M-57.6%

Free cash flow$131.2M+25.0%

Valuation

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Market cap$8.32B+77.3%

Enterprise value$9.08B+59.8%

P/E28.4×+15.5×

P/S2.2×+0.9×

Profitability

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Gross margin29.3%-0.9pp

Operating margin11.4%-1.5pp

Net margin7.8%-2.2pp

FCF margin12.5%+8.6pp

Returns & leverage

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Return on equity15.4%-4.5pp

Debt / equity0.6×0.0×

Current ratio2.7×0.0×

Where this comes from

Reported directly by EnerSys in its filing.

Tagged under the XBRL concept us-gaap:InventoryWriteDown.

The official record: EnerSys’s 10-K, filed June 1, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does americas — inventory write down mean?: The expense recognized when the carrying value of inventory in the Americas segment is reduced to its net realizable value due to obsolescence, damage, or market price declines. It reflects the loss of value in stored energy products or components.