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Intrepid Potash IPI Allowance for parts inventory obsolescence

Allowance for parts inventory obsolescence at other companies

Evommune
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Evommune EVMN
$40.96K+1,253%
Evommune
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Evommune EVMN
$40.96K+1,253%
Natural Gas Services Group logo
Natural Gas Services GroupNGS
$0-100%
Mayville Engineering logo
Mayville EngineeringMEC
$106K+165%
Celsius Holdings, Inc. logo
Celsius Holdings, Inc.CELH
-$1.75M+67.2%
Tempus AI, Inc. logo
Tempus AI, Inc.TEM
$225K

Other financials

Income statement

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Revenue$98.7M+4.4%
Gross profit$17.7M+32.7%
Operating income$6.2M+68.2%
Net income$7.4M+61.1%
EPS (diluted)$0.56+60.0%

Balance sheet

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Cash & equivalents$99.9M+119%
Total debt$3.7M-2.5%
Total equity$498.2M+3.9%
Total assets$641.5M+6.7%

Cash flow

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Operating cash flow$23.2M+112%
CapEx$5.1M-33.0%
Free cash flow$18.0M+454%

Valuation

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Market cap$455.78M-6.9%
Enterprise value$359.6M-19.7%
P/E31.6×
P/S1.4×+0.4×

Profitability

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Gross margin12.6%+2.7pp
Operating margin-4.1%-1.8pp
Net margin-71.8%-100pp
FCF margin10.3%

Returns & leverage

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Return on equity3%+1.5pp
Debt / equity0.0×
Current ratio5.3×+0.1×

Where this comes from

Reported directly by Intrepid Potash in its filing.

Tagged under the XBRL concept ipi:ReserveForObsolescence.

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

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Questions, answered.

What is Intrepid Potash's allowance for parts inventory obsolescence?
Intrepid Potash (IPI) reported allowance for parts inventory obsolescence of $13K in Q1 2026.
What is the long-term trend for Intrepid Potash's allowance for parts inventory obsolescence?
Over 2 years (2023 to 2025), Intrepid Potash's allowance for parts inventory obsolescence has grown at a 118.1% compound annual growth rate (CAGR), from $509K to $2.42M.
What does allowance for parts inventory obsolescence mean?
This reflects the periodic adjustment to inventory value to account for parts or materials that are no longer usable or marketable. It serves as a valuation allowance to ensure inventory is reported at the lower of cost or net realizable value. High or increasing levels may indicate inefficiencies in inventory management or declining demand for specific product lines.