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Analysis of Inventory
Difficulty: Advanced
Inventory Accounting Policy
Inventories are stated at the lower of first-in, first-out cost or market.
Source: 10-K (filing date: 2018-11-21).
Inventory Disclosure
Becton, Dickinson & Co., Statement of Financial Position, Inventory
USD $ in millions
| Sep 30, 2018 | Sep 30, 2017 | Sep 30, 2016 | Sep 30, 2015 | Sep 30, 2014 | Sep 30, 2013 | ||||||||
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Based on: 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-26), 10-K (filing date: 2013-11-27).
| 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. | Becton, Dickinson & Co.’s inventories increased from 2016 to 2017 and from 2017 to 2018. |
