Current Assets
Inventories
Chevron Inventories increased by 8.7% to $10.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $9.17B to $10.55B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 11.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 7, 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:
inventoriesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.24B | $6.13B | $6.80B | $6.53B | $7.72B | $9.00B | $8.25B | $9.23B | $9.20B | $9.43B | $8.61B | $9.94B | $10.48B | $9.73B | $9.07B | $9.17B | $8.81B | $10.44B | $9.71B | $10.55B |
| QoQ Change | — | -1.8% | +10.9% | -4.0% | +18.2% | +16.7% | -8.4% | +11.9% | -0.4% | +2.5% | -8.7% | +15.4% | +5.4% | -7.2% | -6.7% | +1.0% | -3.9% | +18.4% | -6.9% | +8.7% |
| YoY Change | — | — | — | — | +23.7% | +46.9% | +21.4% | +41.5% | +19.2% | +4.7% | +4.4% | +7.7% | +13.9% | +3.2% | +5.4% | -7.8% | -15.9% | +7.3% | +7.0% | +15.1% |
Range$6.13B – $10.55B
CAGR+11.7%
Avg YoY Growth+12.4%
Median YoY Growth+7.5%
Inventories at Other Companies
Frequently Asked Questions
- What is Chevron's inventories?
- Chevron (CVX) reported inventories of $10.55B in Q1 2026.
- How has Chevron's inventories changed year-over-year?
- Chevron's inventories increased by 15.1% year-over-year, from $9.17B to $10.55B.
- What is the long-term trend for Chevron's inventories?
- Over 5 years (2020 to 2025), Chevron's inventories has grown at a 11.3% compound annual growth rate (CAGR), from $5.68B to $9.71B.
- What does inventories mean?
- The total value of all goods held for production or sale.