INVENTORY WRITE-OFF
Refers to reducing the portion of a company’s inventory has less or no value anymore because of market changes or obsolescence. Most of these are small and annual expenses. A huge inventory write-off may be classified as non-recurring loss. If it still has some worth, it will be written down. Uncollectable accounts receivable and obsolete fixed assets are some other items that companies write off.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |
