Apple Inc. (AAPL)
Analysis of Inventory
High level of difficulty
Inventory Accounting Policy
Inventories are measured using the first-in, first-out method.
Source: 10-K (filing date: 2019-10-31).
Apple Inc., balance sheet: inventory
US$ in millions
|Sep 28, 2019||Sep 29, 2018||Sep 30, 2017||Sep 24, 2016||Sep 26, 2015||Sep 27, 2014|
Based on: 10-K (filing date: 2019-10-31), 10-K (filing date: 2018-11-05), 10-K (filing date: 2017-11-03), 10-K (filing date: 2016-10-26), 10-K (filing date: 2015-10-28), 10-K (filing date: 2014-10-27).
|Inventories||Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.||Apple Inc.’s inventories declined from 2017 to 2018 but then slightly increased from 2018 to 2019.|