SBUX » Topics » Inventories

This excerpt taken from the SBUX 10-K filed Nov 20, 2009.
Inventories
 
Inventories are stated at the lower of cost (primarily moving average cost) or market. The Company records inventory reserves for obsolete and slow-moving items and for estimated shrinkage between physical inventory counts. Inventory reserves are based on inventory turnover trends, historical experience and application of the specific identification method. As of September 27, 2009 and September 28, 2008, inventory reserves were $21.1 million and $25.5 million, respectively.
 
These excerpts taken from the SBUX 10-K filed Nov 24, 2008.
Inventories
 
Inventories are stated at the lower of cost (primarily moving average cost) or market. The Company records inventory reserves for obsolete and slow-moving items and for estimated shrinkage between physical inventory counts. Inventory reserves are based on inventory turnover trends, historical experience and application of the specific identification method. As of September 28, 2008 and September 30, 2007, inventory reserves were $25.5 million and $14.9 million, respectively.
 
Inventories


 



Inventories are stated at the lower of cost (primarily moving
average cost) or market. The Company records inventory reserves
for obsolete and slow-moving items and for estimated shrinkage
between physical inventory counts. Inventory reserves are based
on inventory turnover trends, historical experience and
application of the specific identification method. As of
September 28, 2008 and September 30, 2007, inventory
reserves were $25.5 million and $14.9 million,
respectively.


 




This excerpt taken from the SBUX 10-K filed Nov 29, 2007.
Inventories
 
Inventories are stated at the lower of cost (primarily moving average cost) or market. The Company records inventory reserves for obsolete and slow-moving items and for estimated shrinkage between physical inventory counts. Inventory reserves are based on inventory turnover trends, historical experience and application of the specific identification method. As of September 30, 2007 and October 1, 2006, inventory reserves were $14.9 million and $10.5 million, respectively.
 
This excerpt taken from the SBUX 10-K filed Dec 14, 2006.
Note 6: Inventories
 
Inventories consist of the following (in thousands):
 
                 
FISCAL YEAR ENDED   Oct 1, 2006     Oct 2, 2005  
 
 
Coffee:
               
Unroasted
  $ 328,051     $ 319,745  
Roasted
    80,199       56,231  
Other merchandise held for sale
    146,345       109,094  
Packaging and other supplies
    81,627       61,229  
 
 
Total
  $ 636,222     $ 546,299  
 
 
 
As of October 1, 2006, the Company had committed to fixed-price purchase contracts for green coffee totaling $546 million. The Company believes, based on relationships established with its suppliers in the past, the risk of non-delivery on such purchase commitments is remote. Other merchandise held for sale includes, among other items, brewing equipment, serveware and tea.
 
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