Operating
Change in Inventories
Hershey Change in Inventories increased by 103.2% to $4.24M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 98.0%, from $207.24M to $4.24M. Over 3 years (FY 2021 to FY 2024), Change in Inventories shows a downward trend with a 47.5% 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_inventoriesHistorical Data
19 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $122.29M | -$30.10M | -$60.32M | $37.32M | $182.75M | -$18.65M | $0.00 | $3.26M | $198.64M | -$33.80M | $0.00 | -$202.06M | $330.18M | -$155.80M | -$41.16M | $207.24M | $369.33M | -$131.56M | $4.24M |
| QoQ Change | — | -124.6% | -100.4% | +161.9% | +389.7% | -110.2% | +100.0% | — | >999% | -117.0% | +100.0% | — | +263.4% | -147.2% | +73.6% | +603.6% | +78.2% | -135.6% | +103.2% |
| YoY Change | — | — | — | — | +49.4% | +38.1% | +100.0% | -91.3% | +8.7% | -81.3% | — | <-999% | +66.2% | -361.0% | — | +202.6% | +11.9% | +15.6% | -98.0% |
Range-$202.06M – $369.33M
CAGR-52.6%
Avg YoY Growth-494.7%
Median YoY Growth+11.9%
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Hershey's change in inventories?
- Hershey (HSY) reported change in inventories of $4.24M in Q1 2026.
- How has Hershey's change in inventories changed year-over-year?
- Hershey's change in inventories decreased by 98.0% year-over-year, from $207.24M to $4.24M.
- What is the long-term trend for Hershey's change in inventories?
- Over 3 years (2021 to 2024), Hershey's change in inventories has grown at a 47.5% compound annual growth rate (CAGR), from -$21.46M to -$68.83M.
- What does change in inventories mean?
- The change in the value of products and materials held in stock.