Stock Analysis on Net

Corning Inc. (NYSE:GLW)

This company has been moved to the archive! The financial data has not been updated since May 2, 2024.

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Corning Inc., balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Finished goods 1,242 1,315 1,190 1,236 973
Work in process 551 571 358 357 421
Raw materials and accessories 445 537 427 370 481
Supplies and packing materials 428 481 506 475 445
Inventories 2,666 2,904 2,481 2,438 2,320

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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. Corning Inc. inventories increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.