Stock Analysis on Net
Stock Analysis on Net

Medtronic PLC (NYSE:MDT)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Medtronic PLC, balance sheet: inventory

US$ in millions

Microsoft Excel
Apr 26, 2024 Apr 28, 2023 Apr 29, 2022 Apr 30, 2021 Apr 24, 2020 Apr 26, 2019
Finished goods 3,668 3,441 3,070 2,906 2,874 2,476
Work in-process 642 789 682 611 608 572
Raw materials 907 1,063 864 796 747 705
Inventories 5,217 5,293 4,616 4,313 4,229 3,753

Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26).

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. Medtronic PLC inventories increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.