Metal Price Lag definition

Metal Price Lag means the dollar impact as a result of the timing difference between the price of primary aluminum included in the Company’s revenues and the price of aluminum impacting the Company’s cost of sales. The calculation of the Metal Price Lag is based on an internal standardized methodology calculated at each of the Company’s manufacturing sites and is calculated as the average value of product recorded in inventory, which approximates the spot price in the market, less the average value transferred out of inventory, which is the weighted average of the metal element of cost of goods sold, multiplied by the quantity sold in the period.
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Metal Price Lag means, with respect to a Person, the financial impact of the timing difference between when aluminium prices included within revenues of such Person are established and when aluminium purchase prices included in cost of sales are established, calculated as the average value of product recorded in inventory less the average value transferred out of inventory.
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Examples of Metal Price Lag in a sentence

  • To better analyze underlying operational results, the following table also shows Adjusted EBITDA to Adjusted EBITDA excluding the impact of Metal Price Lag.

  • Most of Viohalco subsidiaries use back-to-back matching of purchases and sales, or derivative instruments in order to minimize the effect of the Metal Price Lag on their results.

  • Hindalco SARs will vest ratably in one-third tranches on each anniversary of the award date, provided the Company achieves at least 75% of the Operating EBITDA before Metal Price Lag target established for the performance year.

  • To better analyze underlying operational results, the following table also shows Adjusted EBITDA to Adjusted EBITDA excluding the impact of non-operational Metal Price Lag.

  • Hindalco SARs will vest ratably in one-third tranches on each anniversary of the Award Date, provided the Company achieves at least 75% of the Operating EBITDA before Metal Price Lag target established for the performance year associated with each tranche.

  • Attached to this news release are tables showing the Condensed Consolidated Statements of Operations, Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Cash Flows, Reconciliation to Adjusted EBITDA and Adjusted EBITDA excluding Metal Price Lag, Free Cash Flow, Reconciliation to Liquidity, Reconciliation to Net Income attributable to our common shareholder excluding Special Items, and Segment Information.

  • Attached to this news release are tables showing the Condensed Consolidated Statements of Operations, Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Cash Flows, Reconciliation to Adjusted EBITDA and Adjusted EBITDA excluding Metal Price Lag, Free Cash Flow, Reconciliation to Liquidity, Reconciliation to Net (Loss) Income excluding Special Items, and Segment Information.

  • Most of Viohalco subsidiaries use back to back matching of purchases and sales, or derivative instruments in order to minimize the effect of the Metal Price Lag on their results.

  • Less Controllable Business Variables Q4 FY10 Volume Price & Mix Operating Costs SG&A/ Others FX G/L Primary Operations Metal Price Lag FX G/L Remeasurement Purchase Accounting Q4 FY11 Adjusted EBITDA Q4FY10 vs.

  • No payout will be made under this plan unless overall Operating EBITDA Before Metal Price Lag for the fiscal year is at least 75% of target.

Related to Metal Price Lag

  • Price Gap means the following:

  • Total Price means the amount specified as such in the Quote.

  • Final Price means, with respect to a Security and an Auto-Call Valuation Date or the Valuation Date, subject to the Adjustment Provisions, the price of such Security as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on such Auto-Call Valuation Date or the Valuation Date, as the case may be.

  • Locational Price Adder means an addition to the marginal value of Unforced Capacity within an LDA as necessary to reflect the price of Capacity Resources required to relieve applicable binding locational constraints.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of these Credit Derivatives Auction Settlement Terms (expressed as a percentage, in increments equal to the Relevant Pricing Increment, of the outstanding principal balance, rather than the face amount, of Deliverable Obligations).

  • Base Price means the price to be used as the basis for determining the Spread upon the exercise of an Appreciation Right.

  • Contract Price(s) means the price(s) tendered by the contractor and accepted by the Council for the execution of the contract.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Supply Price has the meaning set forth in Section 6.2.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Tender Price means the amount stipulated by the Tenderer in the space provided therefor in the Form of Tender, including all applicable taxes, which price, for greater certainty, is the Tenderer’s proposed Contract Price to complete all of the Work; and

  • Shadow Price means the marginal value of relieving a particular constraint which is determined by the reduction in system cost that would result from an incremental relaxation of that constraint.

  • Product Price has the meaning set forth in Section 1.04.

  • The Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Fixed price contract means a contract that provides a price, for each

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • NCC means the National Capital Commission;