Operating

Change in Inventories

McKesson Change in Inventories increased by 119.2% to $1.97B in Q2 2025 compared to the prior quarter. Year-over-year, this metric declined by 55.6%, from $4.44B to $1.97B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Aug 6, 2025

How to read this metric

A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.

Detailed definition

This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...

Peer comparison

Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.

Metric ID: change_in_inventories

Historical Data

11 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q1 '25Q3 '25Q1 '26
Value$901.00M$552.00M$737.00M$955.00M$1.39B$35.00M$826.00M$2.48B$4.44B$899.00M$1.97B
QoQ Change-38.7%+33.5%+29.6%+46.0%-97.5%>999%+200.7%+78.8%-79.8%+119.2%
YoY Change+6.0%+152.5%-95.3%-13.5%+78.2%+437.8%-55.6%
Range$35.00M$4.44B
CAGR+36.8%
Avg YoY Growth+72.9%
Median YoY Growth+6.0%

Frequently Asked Questions

What is McKesson's change in inventories?
McKesson (MCK) reported change in inventories of $1.97B in Q2 2025.
How has McKesson's change in inventories changed year-over-year?
McKesson's change in inventories decreased by 55.6% year-over-year, from $4.44B to $1.97B.
What does change in inventories mean?
The change in the value of products and materials held in stock.