Costco Wholesale (CHIX:CTOD) Accumulated Depreciation : €-16,252 Mil (As of Aug. 2024)

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What is Costco Wholesale Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Costco Wholesale's quarterly accumulated depreciation stayed the same from Feb. 2024 (€0 Mil) to May. 2024 (€0 Mil) but then increased from May. 2024 (€0 Mil) to Aug. 2024 (€-16,252 Mil).

Costco Wholesale's annual accumulated depreciation increased from Aug. 2022 (€-15,087 Mil) to Aug. 2023 (€-15,300 Mil) and increased from Aug. 2023 (€-15,300 Mil) to Aug. 2024 (€-16,252 Mil).

Costco Wholesale Accumulated Depreciation Historical Data

The historical data trend for Costco Wholesale's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Costco Wholesale Accumulated Depreciation Chart

Costco Wholesale Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Accumulated Depreciation

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-10,897.12

-12,041.10

-15,087.28

-15,300.15

-16,251.63

Costco Wholesale Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Accumulated Depreciation	Get a 7-Day Free Trial															-15,300.15	-	-	-	-16,251.63

Costco Wholesale Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Costco Wholesale Accumulated Depreciation Related Terms

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Costco Wholesale Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Costco Wholesale Corp (CHIX:CTOd) » Definitions » Accumulated Depreciation

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Address

999 Lake Drive, Issaquah, WA, USA, 98027

Website

https://www.costco.com

Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.

Costco Wholesale Headlines

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