Discontinued — last reported Q2 '25

Current Assets

Finished goods

Cummins Finished goods increased by 1.2% to $3.18B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $2.96B to $3.18B. Over 4 years (FY 2020 to FY 2024), Finished goods shows an upward trend with a 6.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2017
Last reportedQ2 2025
Parent metricInventories

How to read this metric

An increase relative to sales may signal slowing demand or overproduction; a decrease may indicate strong sales or supply chain constraints.

Detailed definition

This represents the value of inventory that has completed the manufacturing process and is ready for sale to customers....

Peer comparison

Standard inventory metric for all manufacturing and retail companies.

Metric ID: inv_finished_goods

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$2.47B$2.49B$2.54B$2.77B$2.64B$2.91B$2.92B$3.09B$3.17B$3.17B$2.77B$2.93B$2.98B$2.96B$2.88B$2.98B$3.14B$3.18B
QoQ Change+1.0%+1.8%+9.0%-4.8%+10.6%+0.1%+5.9%+2.6%-0.0%-12.6%+5.8%+1.6%-0.5%-3.0%+3.7%+5.2%+1.2%
YoY Change+6.7%+16.8%+14.9%+11.6%+20.3%+8.7%-5.0%-5.1%-6.0%-6.4%+3.8%+1.7%+5.3%+7.1%
% of Inventories60.6%57.7%58.3%60.3%55.3%52.6%52.1%52.6%52.6%53.6%48.8%50.9%50.9%48.3%50.1%48.7%49.9%50.8%
Share Change-2.9pp+0.6pp+2.1pp-5.0pp-2.7pp-0.5pp+0.5pp+0.0pp+1.1pp-4.8pp+2.1pp-0.0pp-2.5pp+1.7pp-1.4pp+1.2pp+0.9pp
Range$2.47B$3.18B
CAGR+6.1%
Avg YoY Growth+5.3%
Median YoY Growth+6.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Cummins's finished goods?
Cummins (CMI) reported finished goods of $3.18B in Q3 2025.
How has Cummins's finished goods changed year-over-year?
Cummins's finished goods increased by 7.1% year-over-year, from $2.96B to $3.18B.
What is the long-term trend for Cummins's finished goods?
Over 4 years (2020 to 2024), Cummins's finished goods has grown at a 6.7% compound annual growth rate (CAGR), from $2.22B to $2.88B.
What does finished goods mean?
The value of completed products ready for sale.