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Operating

Change in Inventories

Warner Music Group Change in Inventories decreased by 209.1% to -$12M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 20.0%, from -$10M to -$12M. Over 3 years (FY 2021 to FY 2025), Change in Inventories shows a downward trend with a -16.7% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Feb 9, 2026

How to read this metric

An increase often signals anticipated demand or supply chain buildup, while a decrease may signal efficient inventory management or slowing production.

Detailed definition

Represents the net change in the value of physical goods or media stock held by the company during the reporting period....

Peer comparison

Standard across manufacturing and retail sectors; peers typically track this to assess inventory turnover efficiency.

Metric ID: change_in_inventories

Historical Data

18 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$1M$21M-$12M$11M$3M$20M-$13M$11M$2M$12M-$24M-$6M-$4M-$10M$1M$9M$11M-$12M
QoQ Change>999%-157.1%+191.7%-72.7%+566.7%-165.0%+184.6%-81.8%+500.0%-300.0%+75.0%+33.3%-150.0%+110.0%+800.0%+22.2%-209.1%
YoY Change+400.0%-4.8%-8.3%+0.0%-33.3%-40.0%-84.6%-154.5%-300.0%+58.3%+116.7%+325.0%-20.0%
Range-$24M$21M
CAGR+79.4%
Avg YoY Growth+19.6%
Median YoY Growth-8.3%

Frequently Asked Questions

What is Warner Music Group's change in inventories?
Warner Music Group (WMG) reported change in inventories of -$12M in Q4 2025.
How has Warner Music Group's change in inventories changed year-over-year?
Warner Music Group's change in inventories decreased by 20.0% year-over-year, from -$10M to -$12M.
What is the long-term trend for Warner Music Group's change in inventories?
Over 3 years (2021 to 2025), Warner Music Group's change in inventories has grown at a -16.7% compound annual growth rate (CAGR), from $19M to $11M.
What does change in inventories mean?
The net change in the value of physical inventory held by the company.