Idexx Laboratories Change in Inventories decreased by 19.2% to -$2.24M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from -$2.16M to -$2.24M. Over 2 years (FY 2021 to FY 2024), Change in Inventories shows a downward trend with a -27.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase might signal preparation for a major product launch or, conversely, slowing demand and potential future write-downs.
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Consumer hardware companies aim for high inventory turnover to minimize the risk of product obsolescence.
change_in_inventories| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $12.49M | $26.48M | $6.03M | $18.85M | $30.50M | $50.27M | $22.11M | $23.89M | $15.02M | -$7.26M | $2.41M | $3.80M | $18.54M | $3.25M | -$2.16M | $6.24M | -$1.88M | -$2.24M |
| QoQ Change | — | +112.0% | -77.2% | +212.8% | +61.7% | +64.9% | -56.0% | +8.0% | -37.1% | -148.3% | +133.2% | +57.6% | +387.8% | -82.5% | -166.7% | +388.7% | -130.1% | -19.2% |
| YoY Change | — | — | — | — | +144.1% | +89.9% | +266.8% | +26.7% | -50.7% | -114.4% | -89.9% | -74.7% | +355.4% | — | -189.7% | +64.3% | -110.1% | -3.5% |