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Analysis of Inventory
Inventory Accounting Policy
Inventory primarily includes vacation timeshare units, merchandise, food, materials and supplies. Carrying amounts of vacation ownership units are recorded at the lower of cost or net realizable value. Carrying amounts of merchandise, food, materials and supplies inventories are generally determined on a moving average cost basis and are recorded at the lower of cost or net realizable value.
Source: 10-K (filing date: 2018-11-21).
Walt Disney Co., Statement of Financial Position, Inventory
USD $ in millions
|Sep 29, 2018||Sep 30, 2017||Oct 1, 2016||Oct 3, 2015||Sep 27, 2014||Sep 28, 2013|
Based on: 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19), 10-K (filing date: 2013-11-20).
|Inventories||Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.||Walt Disney Co.'s inventories declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.|