Name: Gilead Sciences Inc. (NASDAQ:GILD) | Analysis of Inventory
Creator: Stock Analysis on Net

Analysis of Inventory

Gilead Sciences Inc., balance sheet: inventory

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Raw materials	1,246)	1,177)	1,112)	1,080)	1,348)
Work in process	847)	577)	590)	976)	170)
Finished goods	1,272)	1,066)	1,032)	958)	549)
Inventories	3,365)	2,820)	2,734)	3,014)	2,067)
Less: Other long-term assets	(1,578)	(1,313)	(1,116)	(1,331)	(1,145)
Current inventories	1,787)	1,507)	1,618)	1,683)	922)

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Item	Description	The company
Current inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Gilead Sciences Inc. current inventories decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.