Analysis of Inventory
Accounting Policy on Inventory
Inventories consist of prescription drugs and medical supplies which are stated at the lower of first-in first-out cost or net realizable value.
Source: 10-K (filing date: 2018-02-27).
Express Scripts Holding Co., balance sheet: inventory
US$ in thousands
|Dec 31, 2017||Dec 31, 2016||Dec 31, 2015||Dec 31, 2014||Dec 31, 2013|
|Prescription drugs and medical supplies|
|Inventories||Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.||Express Scripts Holding Co.’s inventories decreased from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.|