Stock Analysis on Net

Johnson & Johnson (NYSE:JNJ)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Johnson & Johnson, balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 29, 2019
Raw materials and supplies 2,355 2,070 1,592 1,410 1,117
Goods in process 1,952 1,700 2,287 2,040 1,832
Finished goods 6,874 8,713 6,508 5,894 6,071
Inventories 11,181 12,483 10,387 9,344 9,020

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29).

Item Description The company
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Johnson & Johnson inventories increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.