Net Realizable Value (NRV) in accounting refers to the estimated selling price of an asset in the ordinary course of business, minus any costs expected to incur for completion and sale. It provides a more accurate representation of an asset’s value on financial statements, ensuring that assets are not overstated. NRV is crucial for inventory valuation and impairment assessments, reflecting the potential revenue that can be realized from selling the asset.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
