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Capitalisation of slow moving spares

Please what's the IFRS treatment for slow moving spares after some years eg 2years... Should it be capitalised?


Victor Shah
Title: Account Manager
Company: FlowRocket, LLC
(Account Manager, FlowRocket, LLC) |

Need more info on these, but if you are talking about some spares that is part of your inventory and being slow moving or non-moving inventory for about 2 years.

Such inventory should/could be impaired after 3 years of non-movement. Though to give you more info on the situation we need some more input info about what do you mean by "slow moving". % of value to the total inventory for the non moving items.

is there any expectation to use these spared in near future at all?


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