Discontinued — last reported Q3 '20
Business Segments · LCM inventory valuation charge (benefit)
APS — LCM inventory valuation charge (benefit)
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ3 2020Oct 29, 2021
Rolls up toInventory Write-Down
How to read this metric
A charge indicates falling market prices or inventory devaluation, while a benefit indicates a recovery in market pricing.
Detailed definition
The financial impact resulting from adjusting inventory values to the lower of cost or market (LCM) to account for decli...
Peer comparison
Common in petrochemical and commodity-based industries where inventory values are highly sensitive to global market price swings.
Metric ID:
lyb_segment_aps_lcm_inventory_valuation_charge_benefitSimilar Metrics at Other Companies
Frequently Asked Questions
- What does aps — lcm inventory valuation charge (benefit) mean?
- The gain or loss recorded when the market value of inventory falls below the price the company originally paid to produce it.