Operating

Change in Inventories

Parker-Hannifin Change in Inventories decreased by 41.1% to $43.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 596.5%, from -$8.66M to $43.00M. Over 2 years (FY 2021 to FY 2024), Change in Inventories shows a downward trend with a 8.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2026May 1, 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

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Value$34.45M$190.78M$52.53M$31.41M$137.14M-$80.68M-$28.97M-$80.62M$138.00M$32.04M-$100.61M-$170.81M$135.65M$2.63M-$8.66M$163.00M$73.00M$43.00M
QoQ Change+453.8%-72.5%-40.2%+336.6%-158.8%+64.1%-178.2%+271.2%-76.8%-414.0%-69.8%+179.4%-98.1%-429.2%>999%-55.2%-41.1%
YoY Change-28.1%-253.6%-192.2%+0.6%+139.7%-247.2%-111.9%-1.7%-91.8%+91.4%+20.2%>999%+596.5%
Range-$170.81M$190.78M
CAGR+5.4%
Avg YoY Growth+199.7%
Median YoY Growth-1.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Parker-Hannifin's change in inventories?
Parker-Hannifin (PH) reported change in inventories of $43.00M in Q1 2026.
How has Parker-Hannifin's change in inventories changed year-over-year?
Parker-Hannifin's change in inventories increased by 596.5% year-over-year, from -$8.66M to $43.00M.
What is the long-term trend for Parker-Hannifin's change in inventories?
Over 2 years (2021 to 2024), Parker-Hannifin's change in inventories has grown at a 8.8% compound annual growth rate (CAGR), from $85.60M to -$101.39M.
What does change in inventories mean?
The change in the value of products and materials held in stock.