How do you interpret operating segments — inventory LIFO reserve period charge?

An increase in the charge indicates rising inventory costs due to inflation, which reduces reported earnings, while a decrease suggests stabilizing or falling input costs.

How does operating segments — inventory LIFO reserve period charge compare across companies?

Common among industrial and retail companies using LIFO; peers with high inventory turnover will show more sensitivity to this metric.

U-Haul Holding UHAL.B Operating Segments — Inventory LIFO Reserve Period Charge

Discontinued — last reported Q1 '18

Similar metrics at other companies

VMI

VMILIFO Adjustment — Operating Income

$2.45M+199%

SNAUNITED STATES — Percentage of LIFO inventory

61%-2.0pp

AAMaterial Reconciling Items — Segment Reporting Information Impact Of Last In First Out

$55M+96.4%

USFDIncrease (decrease) of cost of goods sold from changes in LIFO reserves

$38M+660%

AAMaterial Reconciling Items — Inventory LIFO Reserve

$306M+42.3%

LYBO&P - Americas — LIFO inventory (charge) benefit

-$61M—

Other financials

Income statement

See full

Revenue$1.3B+3.1%

Gross profit$1.4B+3.5%

Operating income$33.7M-77.7%

Net income$37.0M-45.0%

EPS (diluted)$0.11-76.7%

Balance sheet

See full

Cash & equivalents$1.1B+13.3%

Total debt$8.1B+11.5%

Total equity$7.6B+1.5%

Total assets$21.5B+5.0%

Cash flow

See full

Operating cash flow$404.0M+103%

CapEx$551.7M-6.3%

Free cash flow-$147.7M+62.2%

Valuation

See full

Market cap$11.82B-26.2%

Enterprise value$18.83B-13.6%

P/S2×-0.8×

Profitability

See full

Gross margin95.9%-0.1pp

Operating margin8.5%-4.9pp

Net margin7.9%-3.8pp

FCF margin-22.5%-5.8pp

Returns & leverage

See full

Return on equity6.1%-3.8pp

Debt / equity1.1×+0.1×

Where this comes from

Reported directly by U-Haul Holding in its filing.

Tagged under the XBRL concept us-gaap:InventoryLIFOReservePeriodCharge.

The official record: U-Haul Holding’s 10-Q, filed August 8, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — inventory LIFO reserve period charge mean?: The accounting adjustment reflecting the impact of inflation on the cost of inventory sold.
How do you interpret operating segments — inventory LIFO reserve period charge?: An increase in the charge indicates rising inventory costs due to inflation, which reduces reported earnings, while a decrease suggests stabilizing or falling input costs.
How does operating segments — inventory LIFO reserve period charge compare across companies?: Common among industrial and retail companies using LIFO; peers with high inventory turnover will show more sensitivity to this metric.