Net Realisable Value means the price of a property that can be realised upon the sale of the property, less a reasonable estimate of the costs associated with either the eventual sale or the disposal of the property in question;
Net Realisable Value means the estimated selling price of an asset in the ordinary course of business less the estimated costs of recovery of the asset and the estimated costs necessary to sell the asset;
Net Realisable Value means estimated selling price in the ordinary course of operations less the estimated costs of completion and the estimated costs necessary to make the sale, exchange or distribution “Recoverable amount” is the higher of a cash-generating asset’s net selling price and its value in use.
Examples of Net Realisable Value in a sentence
C.5. Inventories (I.A.S. 2) On Balance Sheet date, inventories are valued at the lowest between cost and Net Realisable Value (NRV).
Inventories are valued at the lower of Cost and Net Realisable Value.
Net Realisable Value is the estimated selling price in the ordinary course of business, less the estimated costs of completion and the estimated costs necessary to make the sale.
Inventories are valued at lower of Cost and Net Realisable Value.
Any stock that is carried at a value higher than you could realise on sale (after all costs associated with the sale) should be written down to that Net Realisable Value in your stock records.
More Definitions of Net Realisable Value
Net Realisable Value means the value of the Assets and shall be aggregate of (a) the amount of cash in the Bank account and (b) the value of the client securities at the end of any day, net of the liabilities accrued in the Portfolio. “NRI” means a Non-Resident Indian as defined under the Foreign Exchange Management Act, 1999. i this Agreement and includes any Securities mentioned in the Application, any further Securities placed by the Client with the Portfolio Manager for being managed pursuant to the Agreement, Securities acquired by the Portfolio
Net Realisable Value means the market value of the option, as ascertained in accordance with Determination G7B: New Zealand Futures and Options Markets, and Determination G18: International Futures and Option Markets, less the direct costs associated with closing out, exercising, or lapsing the option. In the case of the writer of the option the net realisable value may be a negative value:
Net Realisable Value means estimated selling price in the ordinary course of operations less the estimated costs of completion and the estimated costs necessary
Net Realisable Value means that amount after discounting collateral held as security to current market conditions and also deducting the reasonable and estimable costs of recovery and sale including but not limited to: legal fees, valuation costs, estate agent fees, insurance cover to date of sale, costs of maintenance, security, and expenses necessary to put the collateral in a saleable condition.
Net Realisable Value means the gross proceeds received by the Companies in respect of the Excluded Businesses for the repayment of the loans from Companies and the shares in the Excluded Businesses after the deduction of any Tax payable , less any loss on disposal of any Excluded Businesses (gross proceeds less net book value), unless taken into account in Net Profit;
Net Realisable Value means that amount which a bank can reasonably expect to realise after discounting the value of collateral to current market conditions and also after deducting the reasonable and estimable costs of recovery and sale. Costs of recovery and sale typically include but are not limited to: legal fees, costs of valuation, sales commissions and fees, insurance cover, maintenance, security, and any other expenses that may be necessary to put the collateral in a saleable condition.
Net Realisable Value means the estimate of the sales price of merchandise and finished goods in the course of ordinary operations taking into account information obtained from the market, net of projected completion costs and direct sales costs.