Novartis Ag (NVS) Change in Inventory (2022 - 2026)
Novartis Ag recorded quarterly Change in Inventory of -$95.0 million in Q1 2026, down 379.41% quarter-over-quarter from $34.0 million in Q4 2025, and down 272.73% year-over-year from $55.0 million in Q1 2025.
Novartis Ag's Change in Inventory history runs 5 years deep, the most recent figure standing at -$95.0 million for Q1 2026.
- In Q1 2026, Change in Inventory fell 272.73% year-over-year to -$95.0 million; the TTM figure through Mar 2026 stood at -$134.0 million (up 35.58% YoY), while the FY2025 annual figure was $34.0 million, changed N/A from the prior year.
- Change in Inventory came in at -$95.0 million for Q1 2026 at Novartis Ag, down from $34.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $90.0 million in Q3 2024 to a low of -$514.0 million in Q4 2022.
- A 5-year average of -$154.9 million and a median of -$128.0 million in 2024 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory soared 372.73% in 2024 and plunged 272.73% in 2026, its largest moves.
- Novartis Ag's Change in Inventory stood at -$514.0 million in 2022, then soared by 93.58% to -$33.0 million in 2023, then tumbled by 581.82% to -$225.0 million in 2024, then jumped by 115.11% to $34.0 million in 2025, then slumped by 379.41% to -$95.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered -$95.0 million, $34.0 million, and -$128.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - | -95.00 Mn |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn | - |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn | 431.00 Mn |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn | 184.00 Mn |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn | - |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn | -18.00 Mn |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn | 52.00 Mn |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn | - |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn | -14.00 Mn |
| 10 | Gsk | 88.34 Bn | 83.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -95.00 Mn |
| Mar 31, 2026 | -95.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | -128.00 Mn |
| Sep 30, 2025 | -128.00 Mn |
| Mar 31, 2025 | 55.00 Mn |
| Mar 31, 2025 | 55.00 Mn |
| Dec 31, 2024 | -225.00 Mn |
| Dec 31, 2024 | -225.00 Mn |
| Sep 30, 2024 | 90.00 Mn |
| Sep 30, 2024 | 90.00 Mn |
| Mar 31, 2024 | -128.00 Mn |
| Mar 31, 2024 | -128.00 Mn |
| Sep 30, 2023 | -33.00 Mn |
| Sep 30, 2023 | -33.00 Mn |
| Mar 31, 2023 | -361.00 Mn |
| Mar 31, 2023 | -361.00 Mn |
| Dec 31, 2022 | -514.00 Mn |
| Dec 31, 2022 | -514.00 Mn |
| Sep 30, 2022 | -129.00 Mn |
| Sep 30, 2022 | -129.00 Mn |
| Mar 31, 2022 | -425.00 Mn |
| Mar 31, 2022 | -425.00 Mn |