Avantor (AVTR) Change in Inventory (2018 - 2026)
Avantor's Change in Inventory came in at $44.1 million for Q3 2026, up 32.0% from $33.4 million a year earlier and up 27.8% from the prior quarter.
Avantor (AVTR) Change in Inventory (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Avantor reported Change in Inventory of $133.5 million, up 109.6% year-over-year; for FY2025, it was $109.4 million, up 491.4% from FY2024.
- Change in Inventory carries a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Going back by year, Change in Inventory was $18.5 million in FY2024, -$30.3 million in FY2023, $112.5 million in FY2022 (-13.3%) and $129.8 million in FY2021 (+86.2%).
- The Q3 2026 figure represents the highest quarterly Change in Inventory since Q2 2022.
- Year-over-year, Change in Inventory increased in five of the last six quarters, with growth averaging 154.9%.
- The fastest year-over-year change in Change in Inventory over five years came in Q2 2025 (growth of 390.6%), and the weakest in Q2 2023 (a decline of 81.2%).
- Business Quant data shows AVTR's Change in Inventory at $34.5 million (Q2 2026), $12.2 million (Q1 2026) and $42.7 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.03 Bn | 69.15 Bn | 2.05 Bn | 17.00 Mn |
| 2 | W.W. Grainger | 68.13 Bn | 65.49 Bn | 2.01 Bn | -72.00 Mn |
| 3 | Fastenal | 62.04 Bn | 61.04 Bn | 1.10 Bn | 41.90 Mn |
| 4 | Ferguson Enterprises | 49.55 Bn | 46.77 Bn | 2.32 Bn | 92.00 Mn |
| 5 | Sunbelt Rentals Holdings | 33.45 Bn | 33.33 Bn | 1.25 Bn | 1.00 Mn |
| 6 | Reliance | 21.95 Bn | 21.01 Bn | 1.45 Bn | 154.20 Mn |
| 7 | Wesco International | 15.78 Bn | 12.83 Bn | 1.57 Bn | 272.50 Mn |
| 8 | Watsco | 11.75 Bn | 9.43 Bn | 578.93 Mn | 113.54 Mn |
| 9 | Applied Industrial Technologies | 10.98 Bn | 10.87 Bn | 392.21 Mn | - |
| 10 | Avantor | 10.60 Bn | 9.18 Bn | 534.80 Mn | 44.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 44.10 Mn |
| Jun 30, 2026 | 34.50 Mn |
| Mar 31, 2026 | 12.20 Mn |
| Dec 31, 2025 | 42.70 Mn |
| Sep 30, 2025 | 33.40 Mn |
| Jun 30, 2025 | 15.70 Mn |
| Mar 31, 2025 | 17.60 Mn |
| Dec 31, 2024 | -3.00 Mn |
| Sep 30, 2024 | 7.30 Mn |
| Jun 30, 2024 | 3.20 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | -21.20 Mn |
| Sep 30, 2023 | -10.80 Mn |
| Jun 30, 2023 | 8.80 Mn |
| Mar 31, 2023 | -7.10 Mn |
| Dec 31, 2022 | -1.60 Mn |
| Sep 30, 2022 | 21.00 Mn |
| Jun 30, 2022 | 46.70 Mn |
| Mar 31, 2022 | 46.40 Mn |
| Dec 31, 2021 | 12.00 Mn |
Avantor Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AVTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "AVTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AVTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();