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  "documentTitle": "Stryker Corp. (SYK)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2022-04-06 00:00:00",
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  "notes": "Uses red boxes to highlight the specific inventory line items being compared.",
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      "text": "Stryker preliminarily revalued its inventory to $39 million, with a final inventory valuation of $25 million (421% more than the final reported value).",
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      "text": "1) Stryker completes acquisition of NOVADAQ Technologies Inc. 2) Reported $11.7m on March 31, 2016",
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      "text": "inventory valuation: 421%",
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      "text": "In June 2017, NOVADAQ entered into an agreement to be acquired by Stryker... Stryker preliminarily revalued its inventory to $39 million, with a final inventory valuation of $25 million (421% more than the final reported value).",
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      "text": "Source: Canada's Sedar, Q1 2018 10-Q, 2018 10-K",
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      "text": "Stryker's Inventory Valuation: Preliminary and Final tables",
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      "text": "NOVADAQ Inventory Pre-Acquisition table",
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      "text": "NOVADAQ: Inventory Step-Up",
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