Analysis of Inventory
Inventory Disclosure
Waste Management Inc., balance sheet: inventory
US$ in millions
| 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).
A consistent upward trend is observed in the valuation of parts and supplies between December 31, 2017, and December 31, 2021. The inventory levels grew from US$ 96 million to US$ 135 million, representing a cumulative increase of approximately 40.6% over the five-year period.
- Annual Growth Progression
- Moderate incremental increases were recorded from 2017 through 2019, with the balance rising from US$ 96 million to US$ 106 million. This phase indicates a stable and gradual expansion of inventory holdings.
- Accelerated Inventory Expansion
- A notable acceleration in growth occurred between 2019 and 2020, during which parts and supplies increased by approximately 17% to reach US$ 124 million. This period marks the most significant single-year increase in the observed timeframe.
- Recent Valuation Trends
- The upward trajectory continued into 2021, with the balance increasing to US$ 135 million. This sustained growth suggests an expansion in operational capacity or a strategic shift toward maintaining higher levels of spare parts and supplies to ensure operational continuity.
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