Operating

Change in Inventories

Parker-Hannifin Change in Inventories decreased by 41.1% to $43.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 596.5%, from -$8.66M to $43.00M. Over 2 years (FY 2021 to FY 2024), Change in Inventories shows a downward trend with a 8.8% 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 reportedQ1 2013
Last reportedQ1 2026

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 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q3 '25Q4 '25Q1 '26
Value$34.45M$190.78M$52.53M$31.41M$137.14M-$80.68M-$28.97M-$80.62M$138.00M$32.04M-$100.61M-$170.81M$135.65M$2.63M-$8.66M$163.00M$73.00M$43.00M
QoQ Change+453.8%-72.5%-40.2%+336.6%-158.8%+64.1%-178.2%+271.2%-76.8%-414.0%-69.8%+179.4%-98.1%-429.2%>999%-55.2%-41.1%
YoY Change-28.1%-253.6%-192.2%+0.6%+139.7%-247.2%-111.9%-1.7%-91.8%+91.4%+20.2%>999%+596.5%
Range-$170.81M$190.78M
CAGR+5.4%
Avg YoY Growth+199.7%
Median YoY Growth-1.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Parker-Hannifin's change in inventories?
Parker-Hannifin (PH) reported change in inventories of $43.00M in Q1 2026.
How has Parker-Hannifin's change in inventories changed year-over-year?
Parker-Hannifin's change in inventories increased by 596.5% year-over-year, from -$8.66M to $43.00M.
What is the long-term trend for Parker-Hannifin's change in inventories?
Over 2 years (2021 to 2024), Parker-Hannifin's change in inventories has grown at a 8.8% compound annual growth rate (CAGR), from $85.60M to -$101.39M.
What does change in inventories mean?
The change in the value of products and materials the company has in stock.