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Costco Wholesale (NEOE:COST) Lease Obiligations (USD Mil) : 0.00 (As of . 20)


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What is Costco Wholesale Lease Obiligations (USD Mil)?

Lease Obiligations (USD Mil) accounts for the future payments for the assets that the company leased.

The historical rank and industry rank for Costco Wholesale's Lease Obiligations (USD Mil) or its related term are showing as below:

NEOE:COST's Lease Obiligations (USD Mil) is not ranked *
in the Retail - Defensive industry.
Industry Median:
* Ranked among companies with meaningful Lease Obiligations (USD Mil) only.

Costco Wholesale Lease Obiligations (USD Mil) Historical Data

The historical data trend for Costco Wholesale's Lease Obiligations (USD Mil) 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.

* Premium members only.

Costco Wholesale Lease Obiligations (USD Mil) Chart



Costco Wholesale  (NEOE:COST) Lease Obiligations (USD Mil) Explanation

Retail lease Obligations is the future payment obligation for the temporary use of an asset, such as building, equipment etc. Accounting rules require the company to book assets and liabilities associated with the lease, although they do not actually own the assets.


Costco Wholesale Lease Obiligations (USD Mil) Related Terms

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Costco Wholesale (NEOE:COST) Business Description

Address
999 Lake Drive, Issaquah, WA, USA, 98027
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 nearly 600 warehouses in the United States and boasts 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 U.K.