Novartis Ag (NVS) Other Working Capital Changes (2009 - 2026)

Novartis Ag (NVS) posted Other Working Capital Changes of $70.0 million for Q1 2026, down 61.54% sequentially from $182.0 million in Q1 2025, and down 61.54% YoY from $182.0 million in Q1 2025.

Novartis Ag (NVS) Other Working Capital Changes (2009 - 2026) Analysis & Trends

Novartis Ag (NVS) has 16 years of Other Working Capital Changes data on file, last reported at $70.0 million in Q1 2026.

  • Quarterly Other Working Capital Changes fell 61.54% year-over-year to $70.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$197.0 million (up 68.73% YoY) and the FY2017 annual result came in at $160.0 million, down 83.26% from the prior year.
  • Other Working Capital Changes eased to $70.0 million in Q1 2026 per NVS's latest filing, from $182.0 million in the prior quarter.
  • The five-year high for Other Working Capital Changes was $182.0 million in Q1 2025, with the low at -$363.0 million in Q1 2022.
  • Average Other Working Capital Changes over 5 years is -$112.0 million, with a median of -$177.0 million recorded in 2023.
  • Year-over-year, Other Working Capital Changes plunged 231.05% in 2022 and jumped 166.91% in 2025.
  • Novartis Ag's Other Working Capital Changes stood at -$363.0 million in 2022, then surged by 51.24% to -$177.0 million in 2023, then tumbled by 53.67% to -$272.0 million in 2024, then jumped by 166.91% to $182.0 million in 2025, then tumbled by 61.54% to $70.0 million in 2026.
  • Business Quant data shows NVS's Other Working Capital Changes at $70.0 million in Q1 2026, $182.0 million in Q1 2025, and -$272.0 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 70.00 Mn
Mar 31, 2026 70.00 Mn
Mar 31, 2026 70.00 Mn
Mar 31, 2025 182.00 Mn
Mar 31, 2025 182.00 Mn
Mar 31, 2025 182.00 Mn
Mar 31, 2024 -272.00 Mn
Mar 31, 2024 -272.00 Mn
Mar 31, 2024 -272.00 Mn
Mar 31, 2023 -177.00 Mn
Mar 31, 2023 -177.00 Mn
Mar 31, 2023 -177.00 Mn
Mar 31, 2022 -363.00 Mn
Mar 31, 2022 -363.00 Mn
Mar 31, 2022 -363.00 Mn
Mar 31, 2021 277.00 Mn
Mar 31, 2021 277.00 Mn
Mar 31, 2021 277.00 Mn
Mar 31, 2020 720.00 Mn
Mar 31, 2020 720.00 Mn