What does inventory LIFO reserve mean?

This is the difference between the cost of inventory calculated using the FIFO or average cost method and the cost calculated using the LIFO method. It is used to adjust the LIFO-based inventory value to a current cost basis for analytical purposes. Investors use this to normalize earnings and inventory values when comparing companies that use different inventory accounting methods.

Precision Optics Corporation POCI Inventory LIFO Reserve

Inventory LIFO Reserve at other companies

Silgan HoldingsSLGN

$322.99M+20.1%

Hyster-Yale Materials Handling, Inc.HY

$113M+12.0%

Atmus Filtration TechnologiesATMU

$35.7M+13.3%

KennametalKMT

$160.37M+70.5%

PBF EnergyPBF

$1.6B+917%

Columbus McKinnon CorporationCMCO

$38.16M+16.5%

Other financials

Income statement

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Revenue$8.7M+108%

Gross profit$2.1M+392%

Operating income-$64.5K+96.8%

Net income-$108.3K+94.8%

EPS (diluted)-$0.01+96.7%

Balance sheet

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Cash & equivalents$10.7M+319%

Total debt$4.3M+103%

Total equity$20.1M+52.6%

Total assets$33.7M+71.7%

Cash flow

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Operating cash flow-$723.3K+61.4%

CapEx$46.2K+297%

Free cash flow-$615.5K+37.7%

Valuation

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Market cap$55.82M+58.1%

Enterprise value$49.42M+39.1%

P/S1.9×+0.1×

Profitability

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Gross margin13.8%-6.7pp

Operating margin-16.4%-5.3pp

Net margin-17%-5.5pp

FCF margin-19.8%+7.6pp

Returns & leverage

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Return on equity-29.6%-8.1pp

Debt / equity0.2×+0.1×

Current ratio2.1×+0.1×

Where this comes from

Reported directly by Precision Optics Corporation in its filing.

Tagged under the XBRL concept us-gaap:InventoryLIFOReserve.

The official record: Precision Optics Corporation’s 10-K, filed September 29, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Precision Optics Corporation's inventory LIFO reserve?: Precision Optics Corporation (POCI) reported inventory LIFO reserve of $272.89K in Q2 2025.
What does inventory LIFO reserve mean?: This is the difference between the cost of inventory calculated using the FIFO or average cost method and the cost calculated using the LIFO method. It is used to adjust the LIFO-based inventory value to a current cost basis for analytical purposes. Investors use this to normalize earnings and inventory values when comparing companies that use different inventory accounting methods.