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Microsoft Excel LibreOffice Calc

Johnson & Johnson (JNJ)


Analysis of Inventory

Difficulty: Advanced


Inventory Accounting Policy

Inventories are stated at the lower of cost or net realizable value determined by the first-in, first-out method.

Source: 10-K (filing date: 2019-02-20).


Inventory Disclosure

Johnson & Johnson, Statement of Financial Position, Inventory

USD $ in millions

Microsoft Excel LibreOffice Calc
Dec 30, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 28, 2014
Raw materials and supplies hidden hidden hidden hidden hidden
Goods in process hidden hidden hidden hidden hidden
Finished goods hidden hidden hidden hidden hidden
Inventories hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2019-02-20), 10-K (filing date: 2018-02-21), 10-K (filing date: 2017-02-27), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-24).

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. Johnson & Johnson’s inventories increased from 2016 to 2017 but then slightly declined from 2017 to 2018.