Occidental Petroleum Change in Inventories decreased by 88.5% to $26.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 46.9%, from $49.00M to $26.00M. Over 2 years (FY 2021 to FY 2023), Change in Inventories shows relatively stable performance with a 2.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase might signal preparation for a major product launch or, conversely, slowing demand and potential future write-downs.
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Consumer hardware companies aim for high inventory turnover to minimize the risk of product obsolescence.
change_in_inventories| 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$369.00M | -$34.00M | $178.00M | -$439.00M | $152.00M | $383.00M | $134.00M | $248.00M | -$173.00M | -$31.00M | $47.00M | $110.00M | $677.00M | -$561.00M | $49.00M | -$292.00M | $227.00M | $26.00M |
| QoQ Change | — | +90.8% | +623.5% | -346.6% | +134.6% | +152.0% | -65.0% | +85.1% | -169.8% | +82.1% | +251.6% | +134.0% | +515.5% | -182.9% | +108.7% | -695.9% | +177.7% | -88.5% |
| YoY Change | — | — | — | — | +141.2% | >999% | -24.7% | +156.5% | -213.8% | -108.1% | -64.9% | -55.6% | +491.3% | <-999% | -55.5% | -143.1% | +140.5% | -46.9% |