Hmm, the host tree was on the ground, but the fungus itself looked pretty fresh. But if I zoom in on the original I see some spider webs and bits of bark. I can also see that some of the yellow fringe has been chipped off and on the right-hand side apparently eaten. A lot of rain the night before may have made it appear more moist.
I was struck by the size, more than a foot across, but my wife and I were in a hurry and did not hang around very long.
i have to say my first impression was that it looked delicious. Sorry I cannot be more helpful.