Analysis of Inventory
Inventory consists primarily of finished goods and is stated at the lower of cost and net realizable value. Cost is computed using the first-in, first-out method.
Source: Alphabet Inc., Annual Report
Alphabet Inc., Statement of Financial Position, Inventory
USD $ in millions
Source: Based on data from Alphabet Inc. Annual Reports
|Inventory||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).||Alphabet Inc.'s inventory declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.|