CLEAN HARBORS INC
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
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(6) Inventories and Supplies
Inventories and supplies consisted of the following (in thousands):
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Oil and oil related products | $118,600 | $151,519 |
| Supplies | 177,217 | 143,743 |
| Solvent and solutions | 11,795 | 11,994 |
| Other | 19,899 | 17,738 |
| Total inventories and supplies | $327,511 | $324,994 |
The balance of oil and oil related products has decreased due to lower volumes of base and blended oil on hand at December 31, 2023 when compared with December 31, 2022 and overall price decreases for the oil inventory and additives. Supplies inventories consist primarily of critical spare parts to support the Company's incinerator and re-refinery operations and other general supplies used in our normal day-to-day operations. Other inventories consist primarily of parts washer components, cleaning fluids, absorbents and automotive fluids, such as windshield washer fluid and antifreeze.
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