Hi All -

I am looking at a remanufacturing business with a revenue of about 3.5M and 1M in inventory - I know this is an unusual large amount of inventory - It is a parts manufacturing business and there are some customers who come for some of these old parts. As I account for the asking price - Any insights on what should be the valuation approach for inventory - A lot of these inventories have been accounted since many years and some customers come for these old parts at different times.

I am looking at 4.25 multiple for the business with a WC peg equal to their last 2 years - I didn't specifically add any additional price for the inventory into asking price assumptions.

Much appreciate any insights on how I should account for this inventory in my valuation for determining the asking price.