Neogen (NEOG) Inventory Average (2011 - 2026)
Neogen (NEOG) posted Inventory Average of $161.2 million for Q2 2026, down 9.29% on a QoQ basis from $177.8 million in Q1 2026, and down 22.55% year-over-year from $208.2 million in Q2 2025.
Analysis
Neogen (NEOG) Inventory Average (2011 - 2026) Analysis & Trends
Neogen has reported Inventory Average for 16 years, with the latest figure at $161.2 million in Q2 2026.
- On a quarterly basis, Inventory Average fell 22.55% year-over-year to $161.2 million in Q2 2026; TTM through May 2026 was $161.2 million, a 22.55% decrease from a year earlier, with the FY2026 full-year figure at $167.5 million, down 11.83% from the prior year.
- Inventory Average was $161.2 million for Q2 2026 at Neogen, down from $177.8 million in the prior quarter.
- The five-year high for Inventory Average was $221.7 million in Q1 2025, with the low at $110.2 million in Q1 2022.
- Average Inventory Average over 5 years is $166.3 million, with a median of $166.4 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Inventory Average surged 47.57% in 2024, then decreased 22.55% in 2026.
- Over 5 years, Inventory Average stood at $132.6 million in 2022, then advanced by 13.62% to $150.6 million in 2023, then surged by 43.94% to $216.8 million in 2024, then retreated by 10.61% to $193.8 million in 2025, then dropped by 16.79% to $161.2 million in 2026.
- The last three Inventory Average figures came in at $161.2 million (Q2 2026), $177.8 million (Q1 2026), and $193.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 2.42 Bn |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 59.45 Mn |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | - |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 161.25 Mn |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | 58.93 Mn |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | 6.82 Mn |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | 615.20 Mn |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 346.90 Mn |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | 14.09 Mn |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | 3.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 161.25 Mn |
| Feb 28, 2026 | 177.76 Mn |
| Nov 30, 2025 | 193.80 Mn |
| Aug 31, 2025 | 200.54 Mn |
| May 31, 2025 | 208.20 Mn |
| Feb 28, 2025 | 221.69 Mn |
| Nov 30, 2024 | 216.79 Mn |
| Aug 31, 2024 | 202.54 Mn |
| May 31, 2024 | 185.83 Mn |
| Feb 29, 2024 | 171.46 Mn |
| Nov 30, 2023 | 150.61 Mn |
| Aug 31, 2023 | 137.25 Mn |
| May 31, 2023 | 138.84 Mn |
| Feb 28, 2023 | 139.97 Mn |
| Nov 30, 2022 | 132.55 Mn |
| Aug 31, 2022 | 125.68 Mn |
| May 31, 2022 | 117.85 Mn |
| Feb 28, 2022 | 110.24 Mn |
| Nov 30, 2021 | 104.60 Mn |
| Aug 31, 2021 | 101.41 Mn |