HP Inc. (HPQ)

HP values inventory at the lower of cost or market. Cost is computed using standard cost which approximates actual cost on a first-in, first-out basis. Adjustments, if required, to reduce the cost of inventory to market (net realizable value) are made, for estimated excess, obsolete or impaired balances.

Source: 10-K (filing date: 2018-12-13).

HP Inc., Statement of Financial Position, Inventory

USD $ in millions

		Oct 31, 2018		Oct 31, 2017		Oct 31, 2016		Oct 31, 2015		Oct 31, 2014		Oct 31, 2013
	Finished goods
	Purchased parts and fabricated assemblies
	Inventory

Based on: 10-K (filing date: 2018-12-13), 10-K (filing date: 2017-12-14), 10-K (filing date: 2016-12-15), 10-K (filing date: 2015-12-16), 10-K (filing date: 2014-12-18), 10-K (filing date: 2013-12-30).