Inventory Write Down in Financial Accounting Formulas

Inventory Write Down is a reduction in the book value of inventory recorded on the balance sheet to reflect its impairment. And is denoted by IWD.

Formulas to find Inventory Write Down in Financial Accounting

fxInventory Write-DownGo

fx Historical Cost Go

fx Lower of Cost or Net Realizable Value Go

What is the Inventory Write Down?

Inventory Write Down is a reduction in the book value of inventory recorded on the balance sheet to reflect its impairment.

Can the Inventory Write Down be negative?

{YesorNo}, the Inventory Write Down, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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