Net Realisable Value (NRV) is an accounting concept that describes the estimated amount of money a company will receive from its current assets when they are sold. It is calculated by subtracting any costs associated with selling the asset from its expected sales price. NRV is used to inform decisions around how to best use and manage resources, helping businesses make smart investments and reach their financial goals. By looking at NRV, companies can ensure they are making full use of their assets while keeping an eye on the bottom line.