Analysis of Inventory
Inventory Disclosure
Lowe’s Cos. Inc., balance sheet: inventory
US$ in millions
| Jan 31, 2020 | Feb 1, 2019 | Feb 2, 2018 | Feb 3, 2017 | Jan 29, 2016 | Jan 30, 2015 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Merchandise inventory, net | 13,179 | 12,561 | 11,393 | 10,458 | 9,458 | 8,911 |
Based on: 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31).
| 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.’s merchandise inventory, net increased from 2018 to 2019 and from 2019 to 2020. |