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Analysis of Inventory
Inventory Disclosure
FedEx Corp., balance sheet: inventory
US$ in millions
| May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | May 31, 2017 | May 31, 2016 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Spare parts, supplies and fuel, less allowances |
Based on: 10-K (filing date: 2021-07-19), 10-K (filing date: 2020-07-20), 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18).
| Item | Description | The company |
|---|---|---|
| Spare parts, supplies and fuel, less allowances | Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. | FedEx Corp.’s spare parts, supplies and fuel, less allowances increased from 2019 to 2020 and from 2020 to 2021. |