Inventory Adjustment definition

Inventory Adjustment has the meaning set forth in Section 2.05(a).
Inventory Adjustment this adjustment is intended to capture the cash flow impact of Company’s accumulation or depletion of inventory. It is calculated as the quarterly change in inventory from the balance sheet, plus the inventory valuation adjustment from the income statement.
Inventory Adjustment means the debit or credit owed by or to an operator resulting from a difference between the value of their inventory on hand at the time of the closing inventory and the value of the initial inventory.

Examples of Inventory Adjustment in a sentence

  • If additional explanations are needed those can be added on the ICOS Inventory Adjustment Form, submitted on an additional sheet, or noted on the Manual FNS 153 submitted.


More Definitions of Inventory Adjustment

Inventory Adjustment shall have the meaning provided in Section 3.2.
Inventory Adjustment has the meaning set forth in Section 3.3(a).
Inventory Adjustment means an amount calculated as follows:
Inventory Adjustment means with respect to any Inventory, as of any time, and to the extent not already reflected as a deduction to Inventory Value in the books and records of the Company and its Subsidiary, the aggregate value of all unusable, stale or obsolete Inventory at such time, as determined in accordance with GAAP and Annex C. For purposes of this definition, the Inventory shall be deemed to have a value equal to (x) in the case of Inventory that is aged not less than 6 months but not more than 12 months, the lesser of cost or fair market value and (y) in the case of Inventory that is aged more than 12 months, zero.
Inventory Adjustment means an amount equal to the difference between (a) the Inventory Value and (b) the Inventory Target.
Inventory Adjustment means an amount equal to the difference between the Closing Date Inventory and the Inventory Target, provided, however, that the Inventory Adjustment shall in no event be greater than $0.00.
Inventory Adjustment. As defined in Section 2.5(b).