Current Assets
Inventory (FIFO Basis)
Cummins Inventory (FIFO Basis) increased by 4.4% to $6.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $6.34B to $6.34B. Over 5 years (FY 2020 to FY 2025), Inventory (FIFO Basis) shows an upward trend with a 11.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026May 5, 2026
How to read this metric
Rising levels may indicate stock buildup for seasonal demand or potential overstocking risks, while falling levels may signal supply chain constraints.
Detailed definition
This reflects the value of goods held for sale, calculated under the assumption that the oldest inventory items are sold...
Peer comparison
Standard retail metric; peers vary based on supply chain strategy and perishability of goods.
Metric ID:
inventory_fifo_amountHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.24B | $4.49B | $4.55B | $4.80B | $4.98B | $5.77B | $5.84B | $6.11B | $6.27B | $6.16B | $5.93B | $5.98B | $6.08B | $6.36B | $5.96B | $6.34B | $6.52B | $6.50B | $6.08B | $6.34B |
| QoQ Change | — | +6.0% | +1.2% | +5.5% | +3.9% | +15.9% | +1.2% | +4.5% | +2.7% | -1.8% | -3.7% | +0.9% | +1.7% | +4.5% | -6.2% | +6.3% | +2.9% | -0.3% | -6.4% | +4.4% |
| YoY Change | — | — | — | — | +17.6% | +28.5% | +28.5% | +27.4% | +25.8% | +6.6% | +1.4% | -2.1% | -3.0% | +3.2% | +0.6% | +6.0% | +7.2% | +2.2% | +2.0% | +0.1% |
Range$4.24B – $6.52B
CAGR+8.9%
Avg YoY Growth+9.5%
Median YoY Growth+4.6%
Inventory (FIFO Basis) at Other Companies
Frequently Asked Questions
- What is Cummins's inventory (fifo basis)?
- Cummins (CMI) reported inventory (fifo basis) of $6.34B in Q1 2026.
- How has Cummins's inventory (fifo basis) changed year-over-year?
- Cummins's inventory (fifo basis) increased by 0.1% year-over-year, from $6.34B to $6.34B.
- What is the long-term trend for Cummins's inventory (fifo basis)?
- Over 5 years (2020 to 2025), Cummins's inventory (fifo basis) has grown at a 11.3% compound annual growth rate (CAGR), from $3.56B to $6.08B.
- What does inventory (fifo basis) mean?
- The value of inventory on hand calculated using the First-In, First-Out accounting method.