What does consumer — inventory write down offset adjustment mean?

Adjustments made to reverse or modify previous inventory value write-downs.

How do you interpret consumer — inventory write down offset adjustment?

Positive adjustments may indicate better-than-expected recovery of inventory value or improved sales of older stock.

How does consumer — inventory write down offset adjustment compare across companies?

Specific to accounting practices; peers may report this within broader inventory adjustments.

RPM International RPM Consumer — Inventory Write Down Offset Adjustment

Discontinued — last reported Q4 '19

Similar metrics at other companies

BBYInternational — Inventory Write Down

$4.25M+383%

STZMaterial Reconciling Items — Inventory Write Down

$1.5M—

ZTSMaterial Reconciling Items — Inventory Write Down

$1M—

LENMaterial Reconciling Items — Inventory Write Down

$5.6M—

ARWGlobal Components — Inventory Write Down Reversal

$1.9M—

SUNOperating Segments — Inventory Write Down

-$55M-2,850%

Other financials

Income statement

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Revenue$1.6B+8.9%

Gross profit$634.8M+11.9%

Net income$51.4M-1.3%

EPS (diluted)$0.400.0%

Balance sheet

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Cash & equivalents$294.2M+21.6%

Total debt$2.9B+21.1%

Total equity$3.1B+17.7%

Total assets$7.9B+19.1%

Cash flow

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Operating cash flow$73.5M-19.7%

CapEx$47.8M-17.8%

Free cash flow$25.6M-23.1%

Valuation

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Market cap$13.78B-8.2%

Enterprise value$16.39B-4.8%

P/E20.7×-2.6×

P/S1.8×-0.3×

Profitability

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Gross margin41.4%+0.3pp

Net margin8.6%-0.2pp

FCF margin7.5%-0.3pp

Returns & leverage

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Return on equity22.9%-2.8pp

Debt / equity0.9×0.0×

Current ratio2.3×+0.1×

Where this comes from

Reported directly by RPM International in its filing.

Tagged under the XBRL concept rpm:InventoryWriteDownOffsetAdjustment.

The official record: RPM International’s 10-K, filed July 26, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does consumer — inventory write down offset adjustment mean?: Adjustments made to reverse or modify previous inventory value write-downs.
How do you interpret consumer — inventory write down offset adjustment?: Positive adjustments may indicate better-than-expected recovery of inventory value or improved sales of older stock.
How does consumer — inventory write down offset adjustment compare across companies?: Specific to accounting practices; peers may report this within broader inventory adjustments.