Discontinued — last reported Q4 '21

Business Segments · Impairment of materials and supplies

Refining — Impairment of materials and supplies

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2021Feb 24, 2022

How to read this metric

Frequent or large impairments suggest poor inventory management or rapid technological obsolescence of equipment.

Detailed definition

Represents a write-down of the value of spare parts, maintenance materials, or operational supplies held for the refinin...

Peer comparison

Standard inventory valuation adjustment found in manufacturing and industrial financial statements.

Metric ID: lyb_segment_refining_impairment_of_materials_and_supplies

Historical Data

1 periods
 Q4 '21
Value$43.00M

Frequently Asked Questions

What is LyondellBasell Industries N.V.'s refining — impairment of materials and supplies?
LyondellBasell Industries N.V. (LYB) reported refining — impairment of materials and supplies of $43.00M in Q4 2021.
What does refining — impairment of materials and supplies mean?
A reduction in the recorded value of refining maintenance materials and spare parts.