Operating

Change in Inventories

Idexx Laboratories Change in Inventories decreased by 19.2% to -$2.24M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from -$2.16M to -$2.24M. Over 2 years (FY 2021 to FY 2024), Change in Inventories shows a downward trend with a -27.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ4 2015
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: change_in_inventories

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$12.49M$26.48M$6.03M$18.85M$30.50M$50.27M$22.11M$23.89M$15.02M-$7.26M$2.41M$3.80M$18.54M$3.25M-$2.16M$6.24M-$1.88M-$2.24M
QoQ Change+112.0%-77.2%+212.8%+61.7%+64.9%-56.0%+8.0%-37.1%-148.3%+133.2%+57.6%+387.8%-82.5%-166.7%+388.7%-130.1%-19.2%
YoY Change+144.1%+89.9%+266.8%+26.7%-50.7%-114.4%-89.9%-74.7%+355.4%-189.7%+64.3%-110.1%-3.5%
Range-$7.26M$50.27M
CAGR-33.3%
Avg YoY Growth+24.2%
Median YoY Growth-3.5%
Current Streak2 quarters decline

Change in Inventories at Other Companies

Frequently Asked Questions

What is Idexx Laboratories's change in inventories?
Idexx Laboratories (IDXX) reported change in inventories of -$2.24M in Q1 2026.
How has Idexx Laboratories's change in inventories changed year-over-year?
Idexx Laboratories's change in inventories decreased by 3.5% year-over-year, from -$2.16M to -$2.24M.
What is the long-term trend for Idexx Laboratories's change in inventories?
Over 2 years (2021 to 2024), Idexx Laboratories's change in inventories has grown at a -27.3% compound annual growth rate (CAGR), from $52.92M to $28.00M.
What does change in inventories mean?
The change in the value of products and materials the company has in stock.