Operating
Change in Inventories
Dell Technologies Change in Inventories increased by 1836.9% to $3.58B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1753.9%, from $193.00M to $3.58B. Over 3 years (FY 2022 to FY 2026), Change in Inventories shows an upward trend with a 16.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase might signal preparation for a major product launch or, conversely, slowing demand and potential future write-downs.
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
Consumer hardware companies aim for high inventory turnover to minimize the risk of product obsolescence.
Metric ID:
cf_change_in_inventoriesHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $395.00M | $1.27B | $451.00M | $419.00M | -$306.00M | $372.00M | -$1.36B | -$684.00M | -$366.00M | -$153.00M | $1.24B | $1.28B | $805.00M | $193.00M | $734.00M | -$119.00M | -$206.00M | $3.58B |
| QoQ Change | — | +222.0% | -64.5% | -7.1% | -173.0% | +221.6% | -465.6% | +49.7% | +46.5% | +58.2% | +907.8% | +3.6% | -37.2% | -76.0% | +280.3% | -116.2% | -73.1% | >999% |
| YoY Change | — | — | — | — | -177.5% | -70.8% | -401.6% | -263.2% | -19.6% | -141.1% | +280.7% | +450.0% | +626.1% | — | -40.6% | -109.3% | -125.6% | >999% |
Range-$1.36B – $3.58B
CAGR+68.0%
Avg YoY Growth+135.5%
Median YoY Growth-70.8%
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Dell Technologies's change in inventories?
- Dell Technologies (DELL) reported change in inventories of $3.58B in Q4 2025.
- How has Dell Technologies's change in inventories changed year-over-year?
- Dell Technologies's change in inventories increased by 1753.9% year-over-year, from $193.00M to $3.58B.
- What is the long-term trend for Dell Technologies's change in inventories?
- Over 3 years (2022 to 2026), Dell Technologies's change in inventories has grown at a 16.6% compound annual growth rate (CAGR), from $2.51B to $3.99B.
- What does change in inventories mean?
- The change in the value of products and materials the company has in stock.