Discontinued — last reported Q4 '16
Business Segments · Inventory LIFO Reserve Period Charge
Retail — Inventory LIFO Reserve Period Charge
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ4 2016
How to read this metric
An increase in the charge typically signals rising inventory costs or inflationary pressure on fuel and merchandise, which may compress retail margins.
Detailed definition
This metric represents the periodic expense adjustment required to value retail segment inventory using the Last-In, Fir...
Peer comparison
Most large-scale fuel retailers and refiners using LIFO accounting report similar reserve adjustments, though the magnitude varies based on commodity price volatility.
Metric ID:
mpc_segment_retail_inventory_lifo_reserve_period_chargeSimilar Metrics at Other Companies
Frequently Asked Questions
- What does retail — inventory lifo reserve period charge mean?
- The periodic accounting adjustment reflecting the difference between the cost of retail inventory under LIFO and its current market value.