Inventory NRV (Net Realizable Value) Analysis in Excel

📺 In this video we discuss the NRV (Net Realizable Value) concept and why it is important to add it to your toolbelt! Both IFRS and US GAAP require us to present assets at a value that is recoverable and not overstated. In this video I show you one way to calculate the NRV for Inventory and recognize an NRV Allowance to adjust the balance sheet value of inventory as needed. 🍃 Check out Minty Tools for Excel | https://mintytools.com/ 📧 Subscribe to my newsletter | https://mintyanalyst.substack.com/ ☕ Buy me a coffee | https://www.buymeacoffee.com/mintyanalyst 🏷️Don't forget to use promo code "MINTY50" for a 50% discount during checkout! If you're enjoying this video, it'd be amazing if you could leave a comment to let me know your thoughts, give it a thumbs up to show your support, and if you haven't already, consider hitting that subscribe button. Your active involvement not only brightens my day but also plays a pivotal role in spreading my content to more people. Thank you for being a part of my journey! 🌟 🛒 FREE Excel Templates & More | https://store.mintyanalyst.com/ 🎓 Learn with me (free Excel courses) | https://mintyanalyst.com/courses-list/ 📖 Read on Medium | https://medium.com/@dobromir.dikov 📊 Monte Carlo Simulation in Excel ebook | https://mintyanalyst.com/monte-carlo-simulation-in-excel-free-ebook/ 📈 Excel Benchmark Analysis Template | https://mintyanalyst.com/free-excel-benchmark-analysis-template/ 🎵 Music | YouTube Audio Library