Current Assets

Inventories

McKesson Inventories decreased by 10.6% to $24.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $23.00B to $24.21B. Over 5 years (FY 2021 to FY 2026), Inventories shows an upward trend with a 4.7% 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 2014
Last reportedQ4 2026May 8, 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
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$20.02B$19.34B$19.02B$18.70B$19.51B$19.88B$20.66B$19.69B$20.51B$21.95B$22.02B$21.14B$25.57B$24.18B$23.84B$23.00B$25.07B$26.13B$27.07B$24.21B
QoQ Change-3.4%-1.6%-1.7%+4.3%+1.9%+3.9%-4.7%+4.2%+7.0%+0.3%-4.0%+21.0%-5.5%-1.4%-3.5%+9.0%+4.3%+3.6%-10.6%
YoY Change-2.6%+2.8%+8.6%+5.3%+5.2%+10.4%+6.6%+7.4%+24.7%+10.2%+8.3%+8.8%-2.0%+8.1%+13.6%+5.2%
Range$18.70B$27.07B
CAGR+4.1%
Avg YoY Growth+7.5%
Median YoY Growth+7.7%

Frequently Asked Questions

What is McKesson's inventories?
McKesson (MCK) reported inventories of $24.21B in Q1 2026.
How has McKesson's inventories changed year-over-year?
McKesson's inventories increased by 5.2% year-over-year, from $23.00B to $24.21B.
What is the long-term trend for McKesson's inventories?
Over 5 years (2021 to 2026), McKesson's inventories has grown at a 4.7% compound annual growth rate (CAGR), from $19.25B to $24.21B.
What does inventories mean?
The total value of all goods held for production or sale.