Current Assets
Inventories
Coupang Inventories decreased by 9.7% to $2.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.6%, from $2.05B to $2.04B. Over 4 years (FY 2021 to FY 2025), Inventories shows an upward trend with a 15.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical 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 | $1.23B | $1.21B | $1.42B | $1.38B | $1.45B | $1.41B | $1.66B | $1.67B | $1.57B | $1.64B | $1.67B | $1.94B | $1.99B | $2.18B | $2.10B | $2.05B | $2.29B | $2.49B | $2.26B | $2.04B |
| QoQ Change | — | -1.5% | +17.3% | -3.0% | +5.3% | -3.1% | +17.8% | +0.6% | -6.1% | +4.8% | +1.6% | +16.3% | +2.8% | +9.5% | -3.8% | -2.4% | +11.5% | +8.8% | -9.3% | -9.7% |
| YoY Change | — | — | — | — | +18.0% | +16.0% | +16.6% | +20.9% | +7.9% | +16.7% | +0.5% | +16.2% | +27.3% | +32.9% | +26.0% | +5.7% | +14.7% | +14.0% | +7.5% | -0.6% |
Range$1.21B – $2.49B
CAGR+11.2%
Avg YoY Growth+15.0%
Median YoY Growth+16.1%
Current Streak2 quarters decline
Inventories at Other Companies
Frequently Asked Questions
- What is Coupang's inventories?
- Coupang (CPNG) reported inventories of $2.04B in Q1 2026.
- How has Coupang's inventories changed year-over-year?
- Coupang's inventories decreased by 0.6% year-over-year, from $2.05B to $2.04B.
- What is the long-term trend for Coupang's inventories?
- Over 4 years (2021 to 2025), Coupang's inventories has grown at a 15.1% compound annual growth rate (CAGR), from $5.17B to $9.08B.
- What does inventories mean?
- The total value of all goods held for production or sale.