![]() On the other hand, even with durable goods thought of as nonperishable, the value can still decline over time as degradation or obsolescence happens slowly. The same is true for tickets to sporting events and concerts, group slots for an escape room and any other experiential products that happen at particular times. Some perishable inventory isn’t even “inventory” in the traditional sense - it’s really the theater seat, not the ticket, that the buyer wants. In other cases, the decline in value is more of a step function, like a computer chip that goes from state-of-the-art to good to usable to completely obsolete as successive generations get released. In the case of a floral arrangement, the value may decline more steadily to zero over time, as value is measured in how many days remain for a customer to enjoy the flowers. Some perishable inventory loses its value all at once, such as a theater ticket when the curtain goes up. ![]() While some forms of perishable inventory are easily recognized and intuitive, such as food products with printed expiration dates that are never more than a few weeks away, other forms of perishable inventory are less obvious.
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