Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
Walmart Inc. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Reportable Segments
- Analysis of Geographic Areas
- Dividend Discount Model (DDM)
- Net Profit Margin since 2005
- Debt to Equity since 2005
- Price to Sales (P/S) since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Walmart Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Walmart Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 10-K (reporting date: 2026-01-31), 10-Q (reporting date: 2025-10-31), 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30).
An examination of the asset composition reveals several noteworthy trends over the observed period. Current assets experienced initial growth, peaking in the first half of 2021, before exhibiting a more moderate and fluctuating pattern. Long-term assets demonstrated a generally increasing trend throughout the period, with some quarterly variations. Within current assets, cash and cash equivalents, receivables, and inventories all contributed to the overall trends, while prepaid expenses and other current assets remained relatively stable with some increases towards the end of the period.
- Cash and Cash Equivalents
- Cash and cash equivalents displayed significant volatility. A substantial increase occurred between April 2020 and January 2021, followed by a decline. Fluctuations continued through 2023, with a general downward trend, before stabilizing in the range of $8.8 billion to $10.7 billion in the final periods. This suggests potential shifts in cash management strategies or operational needs.
- Receivables, Net
- Receivables, net, exhibited a consistent upward trend from April 2020 to October 2021. Growth slowed and plateaued through much of 2022, then resumed an upward trajectory in 2023 and 2024, reaching approximately $12.1 billion in October 2025. This increase may indicate expanding credit sales or changes in collection periods.
- Inventories
- Inventories showed a marked increase in the third quarter of 2020, followed by a decrease in the first quarter of 2021. Inventory levels then fluctuated, peaking in the fourth quarter of 2022 and again in the first quarter of 2026. These fluctuations could be attributed to seasonal demand, supply chain dynamics, or inventory management decisions.
- Prepaid Expenses and Other
- Prepaid expenses and other current assets remained relatively stable for the majority of the period, with a gradual increase beginning in April 2022. This suggests a consistent, albeit modest, investment in future benefits.
- Property and Equipment, Net
- Property and equipment, net, demonstrated a steady increase throughout the period, indicating ongoing investment in fixed assets. The inclusion of finance lease right-of-use assets also contributed to this growth, with a consistent upward trend observed in that specific component. This suggests a long-term commitment to operational capacity.
- Goodwill
- Goodwill remained relatively stable throughout the observed period, with minor fluctuations. This indicates a lack of significant acquisitions or impairments affecting goodwill.
- Other Long-Term Assets
- Other long-term assets exhibited considerable volatility, peaking in the second quarter of 2021 and again in the first quarter of 2026. These fluctuations suggest changes in long-term investments or deferred tax assets.
Overall, the asset base experienced substantial growth over the period, driven primarily by increases in long-term assets and, to a lesser extent, current assets. The composition of current assets shifted, with receivables increasing and cash levels fluctuating. The consistent investment in property and equipment suggests a focus on long-term operational capabilities.