Bristol-Myers Squibb Co. (NYSE:BMY)

Name: Bristol-Myers Squibb Co. (NYSE:BMY) | Analysis of Inventory
Creator: Stock Analysis on Net

Analysis of Inventory

Bristol-Myers Squibb Co., balance sheet: inventory

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Finished goods	663)	509)	543)	932)	2,227)
Work in process	2,430)	1,850)	2,111)	2,015)	3,267)
Raw and packaging materials	475)	464)	350)	207)	172)
Inventories	3,568)	2,823)	3,004)	3,154)	5,666)

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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.	Bristol-Myers Squibb Co. inventories decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.