Further, since UF6 is fungible, after the cylinders are emptied, the TIB UF6 will be accounted for using the first-in first-out method (FIFO).
It does not have a unique identity, individual cylinders or batches are not recorded.
Fungible goods are goods that cannot be separately identified, i.e. corn in a silo is corn whether you take it our of the bottom of the silo or from the top, and is the same as the corn in another silo. Of course, one type of corn in one silo can be different from another type of corn in another silo, but the corn in any one silo is considered to be fungible goods.
