Net realisable value is used to calculate the value of assets (usually stocks/inventory) when cost can not be used. Net realisable value is most often used when it is less than the cost of the asset in question. Then, in ...... more on: Net realisable value
The amount for which an asset could be disposed, less any direct selling costs (SSAP 9).
relevant to Stock and Work In Progress valuations. If the realisable value is less than cost this value is used. Uncommon because damaged stock may be discounted, but seldom to less than cost.
The amount that would be received for the immediate sale of stock, after accounting for any costs associated directly with the sale.
The current market value of an asset, less all costs to dispose or redeploy it.
A method of valuing inventory, taking into account its market price less the costs of sale.
The market price of an asset less its selling costs.
the current market price of an asset minus the costs of selling it