Alphabet Inc. (GOOG)
Analysis of Inventory
Accounting Policy on 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: 10-K (filing date: 2019-02-05).
Alphabet Inc., balance sheet: inventory
US$ in millions
|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 increased from 2016 to 2017 and from 2017 to 2018.|