Discontinued — last reported Q2 '25

Current Assets

Finished goods

Zoetis Finished goods decreased by 1.2% to $1.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $983.00M to $1.08B. Over 5 years (FY 2020 to FY 2025), Finished goods shows an upward trend with a 6.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2017
Last reportedQ2 2025
Parent metricInventories

How to read this metric

An increase relative to sales may signal slowing demand or overproduction; a decrease may indicate strong sales or supply chain constraints.

Detailed definition

This represents the value of inventory that has completed the manufacturing process and is ready for sale to customers....

Peer comparison

Standard inventory metric for all manufacturing and retail companies.

Metric ID: inv_finished_goods

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$844.00M$886.00M$888.00M$920.00M$971.00M$1.03B$1.09B$1.07B$1.13B$1.19B$1.15B$1.12B$1.05B$1.05B$996.00M$983.00M$1.04B$1.08B$1.09B$1.08B
QoQ Change+5.0%+0.2%+3.6%+5.5%+5.7%+6.2%-2.3%+6.0%+5.0%-3.2%-2.4%-6.3%-0.1%-5.1%-1.3%+5.9%+3.4%+1.7%-1.2%
YoY Change+15.0%+15.8%+22.7%+15.8%+16.3%+15.5%+5.2%+5.2%-7.0%-11.5%-13.2%-12.2%-0.9%+2.6%+9.8%+10.0%
% of Inventories46.8%47.3%46.2%44.7%44.0%44.6%46.5%41.6%41.8%43.2%44.7%42.2%42.8%43.4%43.2%41.6%42.7%43.7%44.4%42.4%
Share Change+0.4pp-1.1pp-1.5pp-0.7pp+0.5pp+1.9pp-4.9pp+0.2pp+1.4pp+1.5pp-2.5pp+0.6pp+0.6pp-0.2pp-1.6pp+1.1pp+1.0pp+0.7pp-2.0pp
Range$844.00M$1.19B
CAGR+5.3%
Avg YoY Growth+5.6%
Median YoY Growth+7.5%

Frequently Asked Questions

What is Zoetis's finished goods?
Zoetis (ZTS) reported finished goods of $1.08B in Q1 2026.
How has Zoetis's finished goods changed year-over-year?
Zoetis's finished goods increased by 10.0% year-over-year, from $983.00M to $1.08B.
What is the long-term trend for Zoetis's finished goods?
Over 5 years (2020 to 2025), Zoetis's finished goods has grown at a 6.3% compound annual growth rate (CAGR), from $805.00M to $1.09B.
What does finished goods mean?
The value of completed products ready for sale.