Negative number that you normally see in P&L Account denotes increase in inventory, in absolute sense. It does not show inventory gain (or loss). When companies say they have incurred inventory gain (or loss), it is due to revaluation of existing inventories based on the accounting policy of the company, such as lower of cost or market price. You cannot get this from the P&L, you can derive it only if you have data for volume of inventory also, but that is not public information. You have to take the management’s word for it and if in doubt may be correlate it with external factors like commodity prices, competitor comments etc.
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