Operating

Change in Inventories

Labcorp Holdings Change in Inventories decreased by 387.8% to -$35.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 321.4%, from -$8.40M to -$35.40M. Over 3 years (FY 2021 to FY 2025), Change in Inventories shows an upward trend with a 120.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

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_inventories

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$12.80M-$11.00M-$9.30M$37.40M$11.80M$10.00M$6.10M-$25.80M$10.40M$600.00K-$28.30M$25.70M$14.60M-$8.40M$11.90M$14.40M$12.30M-$35.40M
QoQ Change-185.9%+15.5%+502.2%-68.4%-15.3%-39.0%-523.0%+140.3%-94.2%<-999%+190.8%-43.2%-157.5%+241.7%+21.0%-14.6%-387.8%
YoY Change+207.3%-73.3%-318.6%-94.0%-563.9%+199.6%+40.4%<-999%+142.0%-44.0%-15.8%-321.4%
Range-$35.40M$37.40M
CAGR+27.0%
Avg YoY Growth-195.1%
Median YoY Growth-58.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Labcorp Holdings's change in inventories?
Labcorp Holdings (LH) reported change in inventories of -$35.40M in Q1 2026.
How has Labcorp Holdings's change in inventories changed year-over-year?
Labcorp Holdings's change in inventories decreased by 321.4% year-over-year, from -$8.40M to -$35.40M.
What is the long-term trend for Labcorp Holdings's change in inventories?
Over 3 years (2021 to 2025), Labcorp Holdings's change in inventories has grown at a 120.9% compound annual growth rate (CAGR), from -$2.80M to $30.20M.
What does change in inventories mean?
The change in the value of products and materials held in stock.