Access Walgreen's (Ticker: WBA) most recent 10-k to answer the following questions: 4. What is Walgreens' Inventory Turnover Ratio for the most recent period? 5. How many days on average does it take Walgreens to sell inventory? 6. What inventory system does Walgreens use to value their inventory? (Hint: Check the notes to the financial statements) = Menu Sections O Search Facts X a E Data Tags More Filters Facts 1.147 WALGREENS BOOTS ALLIANCE, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS (UNAUDITED) (in millions, except per share amounts) Three months ended November 30, 2021 2020 35,901 26.326 7574 6,391 100 31,438 24.30$ 6,630 5,792 (1.373 535) 472 Sales Cost of sales Gross profit Selling, general and administrative expenses Equity earnings (loss) in AmerisourceBergen Operating income (loss) Other income Earings (loss) before interest and tax Interest expense.net Eamings (loss) before tax Income tax provision (benefit) Post tax (loss) earnings from other equity method investments Net earnings (loss) from continuing operations Net earnings from discontinued operations Net earnings (loss) Net (loss) earnings attributable to noncontrolling interests - continuing operations Net earnings attributable to noncontrolling interests - discontinued operations Net earnings (loss) attributable to Walgreens Boots Alliance, Inc. 1,283 2.617 3.900 86 3,314 275 136 607) (207 3,531 3,531 (48) ||||||||| | ET (385) 87 (299 5 4 3.580 (308) s 3.580 (391) 83 S 3,580 (308) s 4.13 $ 0.45) 0.10 Net earnings (loss) attributable to Walgreens Boots Alliance, Inc.: Continuing operations Discontinued operations Total Basic net earnings (loss) per common share: Continuing operations Discontinued operations Total Diluted net earnings (los) per common share: Continuing operations Discontinued operations Total Weighted average common shares outstanding Basic Diluted 4.13 0:36 s 4.15 $ (0.45) 0.10 4.13 0.36) 865.8 8676 3653 3653 The accompanying notes to Consolidated Condensed Financial Statements are an integral part of these statements. WBA Q1 2022 Form 10-Q WALGREENS BOOTS ALLIANCE, INC. AND SUBSIDIARIES WALGREENS BOOTS ALLIANCE, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF EQUITY (UNAUDITED) (in millions, except shares) Three months ended November 30, 2021 Equity attributable to Walgreens Boots Alliance, Inc. Common stock shares Common stock amount Treasury stock amount Paid-in capital 865,373,636 $ 12 s (20,593) Retained earnings Noncontrolling interests Total equity Accumulated other comprehensive income (loss) 2.109) August 31, 2021 10.989 $ 33,121 $ 23,822 3,580 4025 (27) (3) (193) III ------- (415 Net earnings Other comprehensive income (los), net of tax Dividends declared and distributions Treasury stock purchases Employee stock purchase and option plans Stock-based compensation Business combination Noncontrolling interests contribution and other November 30, 2021 , 3.179,750 1,648,490 (154) 47 3,552 (196) (415 (154) (11) 33 3,944 (59 35 3.944 863,842,376 $ 12 $ (20,700) $ 10.966 $ (2,301) $ 38.286 S 4316 $ 30,579 Three months ended November 30, 2020 Equity attributable to Walgreens Boots Alliance, Inc. Common stock shares Common stock amount Treasury stock amount Paid-in capital 865,603,519 $ 12 s (20,375) Retained earnings Noncontrolling interests Total equity 10,761 Accumulated other comprehensive income (loss) 3,771) 34 210 S 498 5 21,136 (308 INTOLA (299 (405 (405) August 31, 2020 Net earnings (los) Other comprehensive income (loss), net of tax Dividends declared and distributions Treasury stock purchases Employee stock purchase and option plans Stock-based compensation Adoption of new accounting standards Business combination Noncontrolling interests contribution and other November 30, 2020 (110 El 1886|| 3.000.000 1.298,298 (110) 43 (39) 36 A 121 III a 117 i 10,876 $ 11 Il 863,901,817 $ 12 s () (20,642) $ 3,682) 33,495 S 506 $ 20,568 = Menu Sections O Search Facts X Q E Data Tags More Filters Facts 1.147 November 30, 2021 August 31, 2021 S 4,135 5,960 9,475 745 20,314 1.19 5.663 8.159 800 15,814 Assets Current assets: Cash and cash equivalents Accounts receivable.net Inventories Other current assets Total current assets Non-current assets: Property, plant and equipment, net Operating lease right-of-use assets Goodwill Intangible assets, net Equity method investments (see Note 6) Other non-current assets 12.293 21,826 21,520 12,770 6.367 1,413 76,192 96,507 12.247 21,893 12,421 9.936 6,987 1.987 65,471 81,285 Total non-current assets Total assets $ 2,647 12,452 2,266 6,973 110 1,305 11,136 2.259 7260 94 22,054 11,199 22.105 1,970 3,422 38,694 7,675 22.153 1,850 3,413 35,091 Liabilities, redeemable noncontrolling interest and equity Current liabilities: Short-term debt Trade accounts payable (see Note 17) Operating lease obligations Accrued expenses and other liabilities Income taxes Total current liabilities Non-current liabilities: Long-term debt Operating lease obligations Deferred income taxes Other non-current liabilities Total non-current liabilities Commitments and contingencies (see Note 11) Total liabilities Redeemable noncontrolling interest Equity: Preferred stock $.01 par value; authorized 32 million shares, none issued Common stock 8.01 par value; authorized 32 billion shares; issued 1172,515,618 at November 30, 2021 and August 31, 2021 Paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost; 308,671,242 shares at November 30, 2021 and 307,139,982 shares at August 31, 2021 Total Walgreens Boots Alliance, Inc. shareholders' equity Noncontrolling interests Total equity Total liabilities, redeemable noncontrolling interest and equity 63.141 2,787 57,145 319 - 12 10,966 38,286 (2.301) (20,700) 26,263 43316 30.579 96,307 12 10,988 35,121 (2.109) 20,593) 23,419 2002 23,822 81.285 The accompanying notes to Consolidated Condensed Financial Statements are an integral part of these statements