Stock Analysis on Net

Lowe’s Cos. Inc. (NYSE:LOW)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Lowe’s Cos. Inc., balance sheet: inventory

US$ in millions

Microsoft Excel
Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020 Feb 1, 2019
Merchandise inventory, net 16,894 18,532 17,605 16,193 13,179 12,561

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01).

Item Description The company
Merchandise inventory, net Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Lowe’s Cos. Inc. merchandise inventory, net increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.