Discontinued — last reported Q4 '16
An increase signals falling commodity prices or excess supply, which negatively impacts short-term profitability, whereas a decrease suggests stable or rising market prices.
This metric measures the reduction in the value of inventory when the cost of raw materials, work-in-process, or finishe...
Standard across the energy sector; peers often report this as a component of cost of goods sold or as a separate line item during periods of significant price volatility.
vlo_segment_operating_segments_inventory_write_down