Discontinued — last reported Q4 '17
Consolidation · Inventory Net
Consolidation Eliminations — Inventory Net
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ4 2017
Rolls up toInventories
How to read this metric
Higher eliminations indicate increased intercompany inventory movement or higher internal profit margins on goods transferred between segments.
Detailed definition
Represents the elimination of unrealized intercompany profit embedded in inventory held by one subsidiary that was purch...
Peer comparison
Standard in manufacturing and refining companies where products move through multiple stages of production across different legal entities.
Metric ID:
psx_segment_consolidation_eliminations_inventory_netSimilar Metrics at Other Companies
Frequently Asked Questions
- What does consolidation eliminations — inventory net mean?
- The removal of internal profit margins from inventory held by subsidiaries.