Selling & Distribution Expenses of Lenovo
Lenovo Selling & Distribution Expenses 2005-2021
Amounts are in $millions.
| Year | Selling & Distribution Expenses ($mn) |
| 2021 | $3,045 |
| 2020 | $2,972.3 |
| 2019 | $2,658 |
| 2018 | $2,833 |
| 2017 | $2,681 |
| 2016 | $2,373 |
| 2015 | $2,302 |
| 2014 | $1,900 |
| 2013 | $1,888 |
| 2012 | $1,691 |
| 2011 | $1,038 |
| 2010 | $839 |
| 2009 | $938 |
| 2008 | $1,104 |
| 2007 | $1,033 |
| 2006 | $1,028 |
Lenovo's selling and distribution expenses increased to $3.05 billion in 2021 compared to $2.972 billion in 2020. The company generated $60.74 billion in net revenues during 2021 compared to $50.72 billion in 2020. Its total cost of sales amounted to $50.97 billion compared to $42.36 billion in 2020.
The selling & distribution expenses of Lenovo were $2.7 billion in FY 2019 compared to $2.8 billion in FY 2018.
About Lenovo:
Lenovo is a leading PC brand based in Hongkong, China. It has grown into the world's largest PC brand. Since 1995, the company claims to have shipped more than half a billion PCs worldwide.
The company offers a large and diverse portfolio of technology products including PCs and tablets, monitors, accessories, smartphones, smart home and smart collaboration solutions, augmented and virtual reality (AR/VR), commercial Internet of Things (IoT), software, services, and smart infrastructure data center solutions.