MOLX » Topics » Inventory

These excerpts taken from the MOLX 10-K filed Aug 6, 2008.
Inventory
 
Inventories are valued at the lower of first-in, first-out (FIFO) cost or market value. FIFO inventories recorded in our consolidated balance sheet are adjusted for an allowance covering inventories determined to be slow-moving or excess. The allowance for slow-moving and excess inventories is maintained at an amount management considers appropriate based on factors such as historical usage of the product, open sales orders and future sales forecasts. If our sales forecast for specific products is greater than actual demand and we fail to reduce manufacturing output accordingly, we could be required to write down additional inventory, which would have a negative impact on gross margin and operating results. Such factors require judgment, and changes in any of these factors could result in changes to this allowance.
 
Inventory


 



Inventories are valued at the lower of
first-in,
first-out (FIFO) cost or market value. FIFO inventories recorded
in our consolidated balance sheet are adjusted for an allowance
covering inventories determined to be slow-moving or excess. The
allowance for slow-moving and excess inventories is maintained
at an amount management considers appropriate based on factors
such as historical usage of the product, open sales orders and
future sales forecasts. If our sales forecast for specific
products is greater than actual demand and we fail to reduce
manufacturing output accordingly, we could be required to write
down additional inventory, which would have a negative impact on
gross margin and operating results. Such factors require
judgment, and changes in any of these factors could result in
changes to this allowance.


 




This excerpt taken from the MOLX 10-K filed Aug 3, 2006.

Inventory


 Inventories are valued at the lower of first-in, first-out (FIFO) cost or market value. FIFO inventories recorded in our consolidated balance sheet are adjusted for an allowance covering inventories determined to be slow-moving or excess.  The allowance for slow-moving and excess inventories is maintained at an amount management considers appropriate based on factors such as historical usage of the product, open sales orders and future sales forecasts.  If our sales forecast for specific products is greater than actual demand and we fail to reduce manufacturing output accordingly, we could be required to write down additional inventory, which would have a negative impact on gross margin and operating results.  Such factors require judgment, and changes in any of these factors could result in changes to this allowance.


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This excerpt taken from the MOLX 10-K filed Sep 12, 2005.

Inventory

Inventories are valued at the lower of first-in, first-out (FIFO) cost or market value. FIFO inventories recorded in the Company’s consolidated balance sheet are adjusted for an allowance covering inventories determined to be slow-moving or excess. The allowance for slow-moving and excess inventories is maintained at an amount management considers appropriate based on factors such as historical usage of the product, open sales orders and future sales forecasts. If Molex’s sales forecast for specific products is greater than actual demand and the Company fails to reduce manufacturing output accordingly, it could be required to write down additional inventory, which would have a negative impact on gross margin and operating results. Such factors require judgment, and changes in any of these factors could result in changes to this allowance.

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