Visa (V) Change in Inventory (2009 - 2012)

Visa (V) has reported Change in Inventory for 4 consecutive years, with -$3.0 million the latest figure, recorded in Q2 2012.

• For the quarter ending Q2 2012, Change in Inventory fell 200.0% year-over-year to -$3.0 million; the trailing twelve-month figure through Jun 2012 stood at -$2.0 million (down 122.22% YoY), and the FY2011 full-year result was -$3.0 million, down 400.0% from the prior year.
• Change in Inventory eased to -$3.0 million in Q2 2012 per V's latest filing, from $1.0 million in the prior quarter.
• Across five years, Change in Inventory topped out at $9.0 million in Q4 2009 and bottomed at -$24.0 million in Q3 2009.
• Historically, Change in Inventory has averaged -$1.6 million across 4 years, with a median of -$2.0 million in 2011.
• The sharpest annual moves came in 2011 and 2012: Change in Inventory slumped 300.0% in 2011, then jumped 133.33% in 2012.
• Over 4 years, Change in Inventory stood at $9.0 million in 2009, then changed by 0.0% to $9.0 million in 2010, then slipped by 11.11% to $8.0 million in 2011, then plunged by 137.5% to -$3.0 million in 2012.
• According to Business Quant data, Change in Inventory over the past three periods registered -$3.0 million, $1.0 million, and $8.0 million for Q2 2012, Q1 2012, and Q4 2011 respectively.