Stock Analysis on Net

Amgen Inc. (NASDAQ:AMGN)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Amgen Inc., balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Raw materials 993 828 647 486 358
Work in process 5,747 3,098 2,367 2,437 2,227
Finished goods 2,778 1,004 1,072 970 999
Inventories 9,518 4,930 4,086 3,893 3,584

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: 2019-12-31).

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. Amgen Inc. inventories increased from 2021 to 2022 and from 2022 to 2023.