Other

Change in Inventories

Zoetis Change in Inventories increased by 159.1% to $114.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.1%, from $85.00M to $114.00M.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase may signal inventory buildup due to expected demand or supply chain inefficiencies, while a decrease may signal strong sales or supply constraints.

Detailed definition

Reflects the net change in the value of raw materials, work-in-progress, and finished goods held by the company. It serv...

Peer comparison

Standard across manufacturing and retail; compared against inventory turnover ratios of competitors.

Metric ID: cvx_change_in_inventories

Historical Data

14 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$122.00M$93.00M$146.00M$166.00M$126.00M$235.00M$189.00M$73.00M$98.00M$17.00M$85.00M$83.00M$44.00M$114.00M
QoQ Change-23.8%+57.0%+13.7%-24.1%+86.5%-19.6%-61.4%+34.2%-82.7%+400.0%-2.4%-47.0%+159.1%
YoY Change+36.1%+35.5%+61.0%+13.9%-42.1%-58.3%-91.0%-13.3%+388.2%+34.1%
Range$17.00M$235.00M
CAGR-2.1%
Avg YoY Growth+36.4%
Median YoY Growth+24.0%

Frequently Asked Questions

What is Zoetis's change in inventories?
Zoetis (ZTS) reported change in inventories of $114.00M in Q1 2026.
How has Zoetis's change in inventories changed year-over-year?
Zoetis's change in inventories increased by 34.1% year-over-year, from $85.00M to $114.00M.
What does change in inventories mean?
The change in the value of goods held in stock.