Inventory Disclosure
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Parts and supplies | 135) | 124) | 106) | 102) | 96) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
The analysis of the Parts and Supplies values over the five-year period reveals a consistent upward trend. Starting at 96 million US dollars at the end of 2017, the value increased steadily each year, reaching 135 million US dollars by the end of 2021.
- Yearly observations
- From 2017 to 2018, the value grew from 96 million to 102 million US dollars, marking a 6.25% increase.
- The period from 2018 to 2019 saw a more modest increase of approximately 3.92%, rising from 102 million to 106 million US dollars.
- A more significant growth occurred between 2019 and 2020, with an increase of around 17.0%, bringing the value to 124 million US dollars.
- Between 2020 and 2021, the upward trend continued, albeit at a slower pace, with an increase of approximately 8.87%, reaching 135 million US dollars.
This steady rise in Parts and Supplies may indicate enhanced operational activities, increased maintenance expenditures, or expansion initiatives that require more resources over time. The most pronounced jump in 2020 could possibly reflect a strategic investment or a response to evolving business requirements during that period. Overall, the data suggests a sustained growth pattern in the consumption or inventory of parts and supplies within the company’s operations across the five years reviewed.
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