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Analysis of Inventory
Inventory Accounting Policy
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: 10-K (filing date: 2018-02-06).
Alphabet Inc., Statement of Financial Position, Inventory
USD $ in millions
|Dec 31, 2017||Dec 31, 2016||Dec 31, 2015||Dec 31, 2014||Dec 31, 2013|
|Inventory||Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.||Alphabet Inc.'s inventory declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.|