Stock Analysis on Net

HP Inc. (NYSE:HPQ)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 29, 2019.

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

HP Inc., balance sheet: inventory

US$ in millions

Microsoft Excel
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 (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31).


Finished Goods
The value of finished goods inventory exhibited a generally fluctuating trend over the six-year period. Starting at $3,847 million in 2013, it increased moderately in 2014 and 2015 to $3,973 million and $4,337 million, respectively. A notable decline occurred in 2016, dropping to $3,103 million, representing the lowest point within the timeframe. Subsequently, the finished goods inventory rebounded in 2017 and 2018, reaching $3,857 million and $4,019 million, respectively, though it did not surpass the 2015 peak.
Purchased Parts and Fabricated Assemblies
This category showed a fluctuating pattern with an overall declining tendency in the intermediate years. Beginning at $2,199 million in 2013, the figure increased to a peak of $2,442 million in 2014. The following year, 2015, experienced a decrease to $2,148 million, which continued sharply downward in 2016 to $1,381 million, marking the lowest value recorded over this span. A recovery trend is observed in 2017 and 2018, with values increasing to $1,929 million and $2,043 million, respectively, though still below the earlier peak.
Inventory (Total)
Total inventory values mirror the overall behavior of its components. Inventory rose gradually from $6,046 million in 2013 to $6,485 million in 2015, indicating an accumulation phase. A significant contraction occurred in 2016, with inventory dropping to $4,484 million, closely aligned with the declines seen in both finished goods and purchased parts categories. Following this decline, inventory levels increased in 2017 and 2018, reaching $5,786 million and $6,062 million, respectively, approaching but not exceeding previous highs.