Discontinued — last reported Q3 '20
Business Segments · LCM inventory valuation charge (benefit)
Technology — LCM inventory valuation charge (benefit)
Analysis
StatementSegment
CategoryRisk
SignalHigher is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2020Oct 29, 2021
Rolls up toInventory Write-Down
How to read this metric
A charge indicates declining market prices for products or potential obsolescence, while a benefit suggests a reversal of previous write-downs or stabilizing market conditions.
Detailed definition
This represents adjustments made to inventory carrying values to reflect the lower of cost or market (LCM) principle. It...
Peer comparison
Standard accounting adjustment found in most manufacturing and commodity-based industries under 'Inventory Valuation Adjustments'.
Metric ID:
lyb_segment_technology_lcm_inventory_valuation_charge_benefitSimilar Metrics at Other Companies
Frequently Asked Questions
- What does technology — lcm inventory valuation charge (benefit) mean?
- The financial impact of adjusting inventory values when market prices drop below production costs.