It is recorded as an asset at its expected net realizable value.

Raw materials : at the lower of cost and net realizable value.

A secret that is shared by the whole community has no realizable value, and brings no kudos - of status or actual economic advantage.

Because there is an inherent risk that clients might default on payment, accounts receivable have to be recorded at net realizable value.

"The realizable value for the division over five years will be higher than in a fire sale."

This may lead to the conclusion that Net realizable value based on open market value may be more appropriate.

Why is it necessary to value stock at the lower of cost and net realizable value?

The net realizable value is the estimated selling price less any expense incurred to dispose of the good.

Today, its liabilities have risen to roughly $1.3 billion, while the realizable value of its assets has probably shrunk.

The net realizable value normally indicates the average value of an item in the marketplace.