CVS (CVS Health) Change In Inventory: $-513 Mil (TTM As of Mar. 2026)

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CVS CVS Health Corp CVS
75 GF Score
Price $109.07
GF Value $77.71
Valuation Significantly Overvalued
! 10 Warning Signs
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What is CVS Health Change In Inventory?

CVS Health CVS -1.39% 75 Change In Inventory is $-513 Mil as of Mar. 2026. GuruFocus rates CVS with a GF Score™ of 75/100 and a GF Value™ of $77.71 (Significantly Overvalued). The stock has 10 warning signs investors should review.

CVS Health's change in inventory for the quarter that ended in Mar. 2026 was $1,476 Mil. It means CVS Health's inventory declined by $1,476 Mil from Dec. 2025 to Mar. 2026 .

CVS Health's change in inventory for the fiscal year that ended in Dec. 2025 was $-1,267 Mil. It means CVS Health's inventory increased by $1,267 Mil from Dec. 2024 to Dec. 2025 .

CVS Health's Total Inventories for the quarter that ended in Mar. 2026 was $17,770 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CVS Health's Days Inventory for the quarter that ended in Mar. 2026 was 19.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. CVS Health's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.58.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. CVS Health's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.18.


CVS Health  (NYSE:CVS) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

CVS Health's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=18508/84802*365 / 4
=19.92

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

CVS Health's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

CVS Health's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CVS Health Change In Inventory Related Terms


CVS Health Change In Inventory Historical Data

* Premium members only.

The historical data trend for CVS Health's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CVS Health Change In Inventory Chart

CVS Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 735.00 -1,435.00 1,233.00 -102.00 -1,267.00

CVS Health Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 722.00 -51.00 -1,653.00 -285.00 1,476.00
CVS
75GF Score
CVS Health Corp CVS
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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CVS Health Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-513 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-513 Mil mean?
CVS Health (CVS) has a Change In Inventory of $-513 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for CVS Health and its competitors.
Is CVS Health's Change In Inventory too high?
CVS Health's current Change In Inventory is $-513 Mil. Overall, CVS Health has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVS Health's Change In Inventory compare to ELV and CI?
CVS Health's Change In Inventory of $-513 Mil can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Healthcare Plans company?
A good Change In Inventory depends on the Healthcare Plans industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for CVS Health and its competitors. CVS Health's current Change In Inventory is $-513 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVS Health stock overvalued right now?
Based on GuruFocus' analysis, CVS Health (CVS) is currently considered Significantly Overvalued. The stock's GF Value™ is $77.71, compared to a current price of $109.07 — trading 40.3% above its estimated fair value. The current Change In Inventory is $-513 Mil. CVS Health's overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For CVS Health (CVS), the current Change In Inventory is $-513 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CVS Health (CVS) Overvalued in 2026?

Based on GuruFocus' analysis, CVS Health stock appears to be overvalued. The current stock price of $109.07 is trading 40.3% above its estimated GF Value™ of $77.71. GuruFocus considers CVS Health to be Significantly Overvalued.

Key valuation signals for CVS:

  • Change In Inventory: $-513 Mil
  • GF Value™: $77.71 vs. price of $109.07 (40.3% above fair value)
  • GF Score™: 75/100 with 10 warning signs

No single metric tells the full story. See the CVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CVS Health Business Description

Address One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates around 9,000 stores primarily in the US. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It operates a top-tier health insurer (acquired through Aetna) through which it serves about 27 million medical members. The acquisition of Oak Street Health added primary care services to the mix, which could have significant synergies with all existing business lines.
75GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$109.07
Price
$77.71
GF Value