Stock Analysis on Net

Medtronic PLC (NYSE:MDT)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Medtronic PLC, balance sheet: inventory

US$ in millions

Microsoft Excel
Apr 28, 2023 Apr 29, 2022 Apr 30, 2021 Apr 24, 2020 Apr 26, 2019 Apr 27, 2018
Finished goods 3,441 3,070 2,906 2,874 2,476 2,407
Work in-process 789 682 611 608 572 496
Raw materials 1,063 864 796 747 705 676
Inventories 5,293 4,616 4,313 4,229 3,753 3,579

Based on: 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27).

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. Medtronic PLC inventories increased from 2021 to 2022 and from 2022 to 2023.