Mondelez International (MDLZ) Change in Inventory (2009 - 2026)
Mondelez International (MDLZ) reported Change in Inventory of $73 million for Q3 2026, down 62.0% from $192 million a year earlier and down 77.9% from the prior quarter.
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Analysis
Mondelez International (MDLZ) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Mondelez International's Change in Inventory came in at -$625 million; for FY2025, it was $253 million, down 44.8% from FY2024.
- Change in Inventory has a five-year compound annual growth rate of 60.2% (FY2020 to FY2025).
- By year, Change in Inventory came in at $458 million in FY2024 (+137.3%), $193 million in FY2023 (-69.6%), $635 million in FY2022 (+273.5%) and $170 million in FY2021 (+608.3%).
- Five-year quarterly Change in Inventory spans a low of -$714 million in Q4 2025 and a high of $500 million in Q2 2024.
- The high point for year-over-year Change in Inventory in five years was Q3 2022 (growth of 615.1%); the low point was Q1 2024 (a decline of 93.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $330 million (Q2 2026), -$314 million (Q1 2026) and -$714 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 144.56 Bn | 96.02 Bn | - | - |
| 2 | Mondelez International | 83.86 Bn | 76.87 Bn | 3.92 Bn | 73.00 Mn |
| 3 | Hershey | 34.38 Bn | 31.11 Bn | 1.51 Bn | -135.42 Mn |
| 4 | Kraft Heinz | 28.62 Bn | 16.27 Bn | 1.99 Bn | 138.00 Mn |
| 5 | General Mills | 18.33 Bn | 15.98 Bn | 1.49 Bn | 261.10 Mn |
| 6 | J M Smucker | 14.08 Bn | 13.86 Bn | 979.60 Mn | 61.10 Mn |
| 7 | Mccormick | 12.60 Bn | 11.66 Bn | 794.90 Mn | 38.30 Mn |
| 8 | Hormel Foods | 12.11 Bn | 8.77 Bn | 471.52 Mn | 57.43 Mn |
| 9 | Chewy | 9.02 Bn | 6.31 Bn | 1.01 Bn | -83.10 Mn |
| 10 | Lamb Weston Holdings | 7.75 Bn | 7.37 Bn | 266.50 Mn | -1.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 73.00 Mn |
| Jun 30, 2026 | 330.00 Mn |
| Mar 31, 2026 | -314.00 Mn |
| Dec 31, 2025 | -714.00 Mn |
| Sep 30, 2025 | 192.00 Mn |
| Jun 30, 2025 | 475.00 Mn |
| Mar 31, 2025 | 300.00 Mn |
| Dec 31, 2024 | -252.00 Mn |
| Sep 30, 2024 | 194.00 Mn |
| Jun 30, 2024 | 500.00 Mn |
| Mar 31, 2024 | 16.00 Mn |
| Dec 31, 2023 | -291.00 Mn |
| Sep 30, 2023 | 56.00 Mn |
| Jun 30, 2023 | 196.00 Mn |
| Mar 31, 2023 | 232.00 Mn |
| Dec 31, 2022 | -110.00 Mn |
| Sep 30, 2022 | 379.00 Mn |
| Jun 30, 2022 | 285.00 Mn |
| Mar 31, 2022 | 81.00 Mn |
| Dec 31, 2021 | -172.00 Mn |
API Access
Mondelez International 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=MDLZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "MDLZ", "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=MDLZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();