Can I change audio format?

I have no clue how to change the audio format of a sound clip. Now it says compressed and the drop-down box is disabled. I’m using Unity 3 now and I can remember that I could change that with 2.6 to other options like Native and uncompressed for example. I might be missing some import window with more options?

You should find what you want in the inspector if you have the asset selected in the project panel.