Stock Analysis on Net

Kellanova (NYSE:K)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Kellanova, balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 28, 2019
Raw materials, spare parts, and supplies 303 426 383 338 303
Finished goods and materials in process 940 1,342 1,015 946 923
Inventories 1,243 1,768 1,398 1,284 1,226

Based on: 10-K (reporting date: 2023-12-30), 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: 2019-12-28).

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. Kellanova inventories increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.