ONC (BeOne Medicines) Change In Inventory: $-169 Mil (TTM As of Mar. 2026)

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ONC BeOne Medicines Ltd ONC
77 GF Score
Price $325.90
GF Value $370.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BeOne Medicines Change In Inventory?

BeOne Medicines ONC -0.27% 77 Change In Inventory is $-169 Mil as of Mar. 2026. GuruFocus rates ONC with a GF Score™ of 77/100 and a GF Value™ of $370.63 (Modestly Undervalued). The stock has 4 warning signs investors should review.

BeOne Medicines's change in inventory for the quarter that ended in Mar. 2026 was $-72 Mil. It means BeOne Medicines's inventory increased by $72 Mil from Dec. 2025 to Mar. 2026 .

BeOne Medicines's change in inventory for the fiscal year that ended in Dec. 2025 was $-93 Mil. It means BeOne Medicines's inventory increased by $93 Mil from Dec. 2024 to Dec. 2025 .

BeOne Medicines's Total Inventories for the quarter that ended in Mar. 2026 was $682 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BeOne Medicines's Days Inventory for the quarter that ended in Mar. 2026 was 351.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. BeOne Medicines's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.26.

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. BeOne Medicines's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.43.


BeOne Medicines  (NAS:ONC) Change In Inventory Explanation

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

BeOne Medicines's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=644.9085/167.215*365 / 4
=351.93

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

BeOne Medicines'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.

BeOne Medicines'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.


BeOne Medicines Change In Inventory Related Terms


BeOne Medicines Change In Inventory Historical Data

* Premium members only.

The historical data trend for BeOne Medicines'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.

BeOne Medicines Change In Inventory Chart

BeOne Medicines 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 -153.33 -56.69 -140.95 -91.50 -93.17

BeOne Medicines 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 3.99 2.19 -28.84 -70.51 -71.84
ONC
77GF Score
BeOne Medicines Ltd ONC
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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BeOne Medicines 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 $-169 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 $-169 Mil mean?
BeOne Medicines (ONC) has a Change In Inventory of $-169 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for BeOne Medicines and its competitors.
Is BeOne Medicines' Change In Inventory too high?
BeOne Medicines' current Change In Inventory is $-169 Mil. Overall, BeOne Medicines has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BeOne Medicines' Change In Inventory compare to MRNA and RPRX?
BeOne Medicines' Change In Inventory of $-169 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Change In Inventory depends on the Biotechnology 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 BeOne Medicines and its competitors. BeOne Medicines's current Change In Inventory is $-169 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BeOne Medicines stock overvalued right now?
Based on GuruFocus' analysis, BeOne Medicines (ONC) is currently considered Modestly Undervalued. The stock's GF Value™ is $370.63, compared to a current price of $325.90 — trading 12.1% below its estimated fair value. The current Change In Inventory is $-169 Mil. BeOne Medicines' overall GF Score™ is 77/100 with 4 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 BeOne Medicines (ONC), the current Change In Inventory is $-169 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 BeOne Medicines (ONC) Overvalued in 2026?

Based on GuruFocus' analysis, BeOne Medicines stock appears to be undervalued. The current stock price of $325.90 is trading 12.1% below its estimated GF Value™ of $370.63. GuruFocus considers BeOne Medicines to be Modestly Undervalued.

Key valuation signals for ONC:

  • Change In Inventory: $-169 Mil
  • GF Value™: $370.63 vs. price of $325.90 (12.1% below fair value)
  • GF Score™: 77/100 with 4 warning signs

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


BeOne Medicines Business Description

Address c/o BeOne Medicines I GmbH, 94 Aeschengraben 27, 21st Floor, Basel, CHE, 4051
Formerly known as BeiGene and founded in 2010 in Beijing, BeOne is a commercial-stage biotech firm that produces oncology therapeutics. The company's main product is Brukinsa, which is a small-molecule drug that treats multiple forms of Non-Hodgkin lymphoma and leukemia. The company conducts drug discovery, runs global clinical trials, and manufactures drugs independently. As of 2025, Brukinsa made up for 74% of total revenue, while it has two other approved commercialized drugs in its portfolio, Beqalzi and Tevimbra. While Brukinsa has a global leadership, the other two drugs generate revenue mostly from China. Based on Brukinsa, BeOne competes with AbbVie and AstraZeneca mainly. The company also has more than 50 drugs in clinical trials in its active pipeline, focused on other cancers.
77GF Score

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

$325.90
Price
$370.63
GF Value