Operating

Change in Inventories

nVent Electric plc Change in Inventories increased by 167.9% to $42.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 301.9%, from $10.60M to $42.60M. Over 3 years (FY 2021 to FY 2025), Change in Inventories shows relatively stable performance with a 2.1% CAGR. 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 2016
Last reportedQ1 2026

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

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$14.30M$29.90M$23.60M$29.10M$32.00M$10.50M$17.30M$1.20M-$27.00M-$13.40M$6.40M$2.60M-$9.30M$900.00K$10.60M$12.40M$39.80M$15.90M$42.60M
QoQ Change+109.1%-21.1%+23.3%+10.0%-67.2%+64.8%-93.1%<-999%+50.4%+147.8%-59.4%-457.7%+109.7%>999%+17.0%+221.0%-60.1%+167.9%
YoY Change+123.8%-64.9%-40.5%-96.3%-357.1%-63.0%+116.7%+65.6%+106.7%+65.6%+376.9%+528.0%>999%+301.9%
Range-$27.00M$42.60M
CAGR+27.5%
Avg YoY Growth+195.0%
Median YoY Growth+86.2%

Frequently Asked Questions

What is nVent Electric plc's change in inventories?
nVent Electric plc (NVT) reported change in inventories of $42.60M in Q1 2026.
How has nVent Electric plc's change in inventories changed year-over-year?
nVent Electric plc's change in inventories increased by 301.9% year-over-year, from $10.60M to $42.60M.
What is the long-term trend for nVent Electric plc's change in inventories?
Over 3 years (2021 to 2025), nVent Electric plc's change in inventories has grown at a 2.1% compound annual growth rate (CAGR), from $74.00M to $78.70M.
What does change in inventories mean?
The change in the value of products and materials held in stock.