Stock Analysis on Net

FedEx Corp. (NYSE:FDX)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

FedEx Corp., balance sheet: inventory

US$ in millions

Microsoft Excel
May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019 May 31, 2018
Spare parts, supplies and fuel, less allowances 604 637 587 572 553 525

Based on: 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31).

Item Description The company
Spare parts, supplies and fuel, less allowances Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. FedEx Corp. spare parts, supplies and fuel, less allowances increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.