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Department of Commerce Performance and Accountability Report
Fiscal Year 2007

Financial Section

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Note 6. Inventory, Materials, and Supplies, Net

 

Inventory, Materials, and Supplies, Net
(In Thousands)
Category Cost Flow Assumption FY 2007 FY 2006
Inventory      
Items Held for Current Sale      

NIST Standard Reference Materials

 First-in, first-out $ 20,732  $19,805 

Other

 Various      288    1,022 
Allowance for Excess, Obsolete, and Unserviceable Items        (95)
single underline		    (314)
single underline
Total Inventory, Net     20,925   20,513 

Materials and Supplies		      
Items Held for Use      

NOAA’s National Logistics Support Center

 Weighted-average $ 51,775  $50,722 

NOAA's National Reconditioning Center

 Weighted-average   45,248   43,649 

Other

 Various    4,401    2,157 
Allowance for Excess, Obsolete, and Unserviceable Items    (15,548)
single underline		 (21,127)
single underline
Total Materials and Supplies, Net     85,876 
single underline		  75,401 
single underline
Total   $106,801 
double underline		 $95,914 
double underline

NIST’s Standard Reference Materials Program provides reference materials for quality assurance of measurements, while NOAA’s Materials and Supplies are primarily repair parts for weather forecasting equipment.
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