Inventory Accounting Policy
Inventories, net, are located in Medco Health Solutions Inc.'s mail-order pharmacies and in warehouses, consist solely of finished product (primarily prescription drugs), and are valued at the lower of first-in, first-out (FIFO) cost or market.
Source: Medco Health Solutions Inc., Annual Report
Inventory Disclosure
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Medco Health Solutions Inc., Statement of Financial Position, Inventory
Source: Based on data from Medco Health Solutions Inc. Annual Reports
| Item |
Description |
The company |
| Finished product, primarily prescription drugs |
Carrying amount as of the balance sheet date of merchandise or goods held by the company that are readily available for sale. |
Medco Health Solutions Inc.'s finished product, primarily prescription drugs declined from 2009 to 2010 and from 2010 to 2011.
|
| Inventories, net |
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). |
Medco Health Solutions Inc.'s inventories, net declined from 2009 to 2010 and from 2010 to 2011.
|