What does europe — inventory write down mean?

The value of inventory in Europe that has been written off due to loss of value.

How do you interpret europe — inventory write down?

An increase suggests potential overstocking, product obsolescence, or declining market demand in the region.

How does europe — inventory write down compare across companies?

Peers in industrial manufacturing typically report this as inventory impairment or obsolescence charges within segment notes.

EnerSys ENS Europe — Inventory Write Down

Discontinued — last reported Q4 '20

Similar metrics at other companies

LEVIEurope — Reduction to inventory valuation

$9.1M—

IRMWestern European Business — Write Down Of Facilities

$150K—

RPMConsumer — Inventory Write Down

$500K-97.7%

BBYInternational — Inventory Write Down

$4.25M+383%

MODEurope — Asset Impairment Charges

$2.48M—

GMEEurope — Goodwill and asset impairments

-$4.9M-128%

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 europe — inventory write down mean?: The value of inventory in Europe that has been written off due to loss of value.
How do you interpret europe — inventory write down?: An increase suggests potential overstocking, product obsolescence, or declining market demand in the region.
How does europe — inventory write down compare across companies?: Peers in industrial manufacturing typically report this as inventory impairment or obsolescence charges within segment notes.