Stock Analysis on Net
Stock Analysis on Net

Abbott Laboratories (NYSE:ABT)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Abbott Laboratories, balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Finished products 3,946 3,805 3,081 3,030 2,784
Work in process 807 680 694 712 560
Materials 1,817 1,688 1,382 1,270 972
Inventories 6,570 6,173 5,157 5,012 4,316

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. Abbott Laboratories inventories increased from 2021 to 2022 and from 2022 to 2023.