Discontinued — last reported Q4 '15
Consolidation · Inventory Write Down
Reportable Legal Entities — Inventory Write Down
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2015
How to read this metric
An increase suggests declining commodity prices or inventory obsolescence, while a decrease indicates stable or rising market values for stored products.
Detailed definition
This metric represents the reduction in the carrying value of inventory to its net realizable value due to obsolescence,...
Peer comparison
Peers in the mining and materials sector report similar charges when commodity price cycles turn downward or operational efficiency declines.
Metric ID:
fcx_segment_reportable_legal_entities_inventory_write_downSimilar Metrics at Other Companies
Frequently Asked Questions
- What does reportable legal entities — inventory write down mean?
- The amount by which the value of inventory is reduced because it is worth less than what it cost to produce.