Western Digital (WDC)

 

The Company values inventory at the lower of cost or net realizable value. Cost is determined primarily using the first-in, first-out method (“FIFO”) for the majority of its inventory and the weighted average method for its precious metals inventory acquired from Komag. Weighted-average cost is calculated based upon the cost of precious metals at the time they are received by the Company. As of June 27, 2008, 78% of the inventory was valued using the FIFO method with the remainder valued using the weighted average method. Inventories as of June 29, 2007 were valued using the FIFO method only. Inventory write-downs are recorded to reduce the carrying value of inventory to the lower of cost or net realizable value by analyzing market conditions and estimates of future sales prices as compared to inventory costs and inventory balances. The Company evaluates inventory balances for excess quantities and obsolescence on a regular basis by analyzing estimated demand, inventory on hand, sales levels, and other information, and reduces inventory balances to net realizable value for excess and obsolete inventory based on this analysis.

 

 

The Company values inventory at the lower of cost or net
realizable value. Cost is determined primarily using the
first-in,
first-out method (“FIFO”) for the majority of its
inventory and the weighted average method for its precious
metals inventory acquired from Komag.
Weighted-average
cost is calculated based upon the cost of precious metals at the
time they are received by the Company. As of June 27, 2008,
78% of the inventory was valued using the FIFO method with the
remainder valued using the weighted average method. Inventories
as of June 29, 2007 were valued using the FIFO method only.
Inventory write-downs are recorded to reduce the carrying value
of inventory to the lower of cost or net realizable value by
analyzing market conditions and estimates of future sales prices
as compared to inventory costs and inventory balances. The
Company evaluates inventory balances for excess quantities and
obsolescence on a regular basis by analyzing estimated demand,
inventory on hand, sales levels, and other information, and
reduces inventory balances to net realizable value for excess
and obsolete inventory based on this analysis.

 

 

The Company values inventory at the lower of cost (first-in, first-out basis) or net realizable value. Inventory write-downs are recorded to reduce the carrying value of inventory to the lower of cost or net realizable value by analyzing market conditions and estimates of future sales prices as compared to inventory costs and inventory balances. The Company evaluates inventory balances for excess quantities and obsolescence on a regular basis by analyzing estimated demand, inventory on hand, sales levels and other information, and reduces inventory balances to net realizable value for excess and obsolete inventory based on this analysis.

 

 

The Company values inventory at the lower of cost (first-in, first-out basis) or net realizable value. Inventory write-downs are recorded for the valuation of inventory at the lower of cost or net realizable value by analyzing market conditions and estimates of future sales prices as compared to inventory costs and inventory balances. The Company evaluates inventory balances for excess quantities and obsolescence on a regular basis by analyzing backlog, estimated demand, inventory on hand, sales levels and other information, and reduces inventory balances to net realizable value for excess and obsolete inventory based on this analysis.