Cardinal Health (LTS:0HTG) Change In Inventory: $-1,792 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0HTG Cardinal Health Inc LTS:0HTG
81 GF Score
Price $229.34
GF Value $141.16
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Cardinal Health Change In Inventory?

Cardinal Health LTS:0HTG +0.09% 81 Change In Inventory is $-1,792 Mil as of Mar. 2026. GuruFocus rates LTS:0HTG with a GF Score™ of 81/100 and a GF Value™ of $141.16 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Cardinal Health's change in inventory for the quarter that ended in Mar. 2026 was $2,094 Mil. It means Cardinal Health's inventory declined by $2,094 Mil from Dec. 2025 to Mar. 2026 .

Cardinal Health's change in inventory for the fiscal year that ended in Jun. 2025 was $-1,816 Mil. It means Cardinal Health's inventory increased by $1,816 Mil from Jun. 2024 to Jun. 2025 .

Cardinal Health's Total Inventories for the quarter that ended in Mar. 2026 was $18,007 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cardinal Health's Days Inventory for the quarter that ended in Mar. 2026 was 29.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cardinal Health's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.07.

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. Cardinal Health's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.

Cardinal Health  (LTS:0HTG) Change In Inventory Explanation

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

Cardinal 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
=19061.5/58442*365 / 4
=29.76

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=58442 / 19061.5
=3.07

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=19061.5 / 60940
=0.31

* 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.

Cardinal Health Change In Inventory Related Terms

Cardinal Health Change In Inventory Historical Data

* Premium members only.

The historical data trend for Cardinal 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.

Cardinal Health Change In Inventory Chart

Cardinal Health Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,584.00 -1,204.00 -412.00 1,115.00 -1,816.00

Cardinal 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 758.00 -607.00 -736.00 -2,543.00 2,094.00
LTS:0HTG
81GF Score
Cardinal Health Inc LTS:0HTG
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cardinal 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 $-1,792 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 $-1,792 Mil mean?
Cardinal Health (LTS:0HTG) has a Change In Inventory of $-1,792 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Cardinal Health and its competitors.
Is Cardinal Health's Change In Inventory too high?
Cardinal Health's current Change In Inventory is $-1,792 Mil. Overall, Cardinal Health has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cardinal Health's Change In Inventory compare to COR and MCK?
Cardinal Health's Change In Inventory of $-1,792 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Change In Inventory depends on the Medical Distribution 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 Cardinal Health and its competitors. Cardinal Health's current Change In Inventory is $-1,792 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardinal Health stock overvalued right now?
Based on GuruFocus' analysis, Cardinal Health (LTS:0HTG) is currently considered Significantly Overvalued. The stock's GF Value™ is $141.16, compared to a current price of $229.34 — trading 62.5% above its estimated fair value. The current Change In Inventory is $-1,792 Mil. Cardinal Health's overall GF Score™ is 81/100 with 6 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 Cardinal Health (LTS:0HTG), the current Change In Inventory is $-1,792 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 Cardinal Health (LTS:0HTG) Overvalued in 2026?

Based on GuruFocus' analysis, Cardinal Health stock appears to be overvalued. The current stock price of $229.34 is trading 62.5% above its estimated GF Value™ of $141.16. GuruFocus considers Cardinal Health to be Significantly Overvalued.

Key valuation signals for LTS:0HTG:

  • Change In Inventory: $-1,792 Mil
  • GF Value™: $141.16 vs. price of $229.34 (62.5% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the LTS:0HTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cardinal Health Business Description

Address 7000 Cardinal Place, Dublin, OH, USA, 43017
Cardinal Health is one of three leading pharmaceutical wholesalers in the US, engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. Cardinal, Cencora, and McKesson hold well over 90% of the US pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.
81GF Score

Get the complete analysis for LTS:0HTG

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

$229.34
Price
$141.16
GF Value