Define Net Realisable Value Meaning

Net Realisable Value
The price of a sellable item (highest at which it can be sold at) less the cost of bringing it to the point of sale (repairs, delivery etc.)

The computer is worth £X, but repairing it will cost £Y, and delivery costs and admin will be £Z.


Net realisable value is £X-(Y+Z)
By Meghann