Current Assets

Inventories

CVS Health Inventories decreased by 7.7% to $17.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $17.39B to $17.77B. Over 5 years (FY 2020 to FY 2025), Inventories shows relatively stable performance with a 0.8% 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 reportedQ1 2013
Last reportedQ1 2026May 6, 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: inventories

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.98B$17.40B$17.76B$18.16B$17.38B$18.06B$19.09B$18.26B$17.29B$17.95B$18.03B$16.35B$16.07B$17.65B$18.11B$17.39B$17.45B$18.96B$19.25B$17.77B
QoQ Change+2.5%+2.1%+2.3%-4.3%+3.9%+5.7%-4.3%-5.3%+3.8%+0.4%-9.3%-1.7%+9.8%+2.6%-4.0%+0.4%+8.7%+1.5%-7.7%
YoY Change+2.3%+3.8%+7.5%+0.6%-0.5%-0.6%-5.6%-10.5%-7.1%-1.7%+0.5%+6.4%+8.6%+7.4%+6.3%+2.2%
Range$16.07B$19.25B
CAGR+1.0%
Avg YoY Growth+1.2%
Median YoY Growth+1.4%

Frequently Asked Questions

What is CVS Health's inventories?
CVS Health (CVS) reported inventories of $17.77B in Q1 2026.
How has CVS Health's inventories changed year-over-year?
CVS Health's inventories increased by 2.2% year-over-year, from $17.39B to $17.77B.
What is the long-term trend for CVS Health's inventories?
Over 5 years (2020 to 2025), CVS Health's inventories has grown at a 0.8% compound annual growth rate (CAGR), from $18.50B to $19.25B.
What does inventories mean?
The total value of all goods held for production or sale.