PATK (Patrick Industries) Change In Inventory: $-59 Mil (TTM As of Mar. 2026)

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PATK Patrick Industries Inc PATK
70 GF Score
Price $88.09
GF Value $86.23
Valuation Fairly Valued
! 6 Warning Signs
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What is Patrick Industries Change In Inventory?

Patrick Industries PATK -0.16% 70 Change In Inventory is $-59 Mil as of Mar. 2026. GuruFocus rates PATK with a GF Score™ of 70/100 and a GF Value™ of $86.23 (Fairly Valued). The stock has 6 warning signs investors should review.

Patrick Industries's change in inventory for the quarter that ended in Mar. 2026 was $-29 Mil. It means Patrick Industries's inventory increased by $29 Mil from Dec. 2025 to Mar. 2026 .

Patrick Industries's change in inventory for the fiscal year that ended in Dec. 2025 was $-25 Mil. It means Patrick Industries's inventory increased by $25 Mil from Dec. 2024 to Dec. 2025 .

Patrick Industries's Total Inventories for the quarter that ended in Mar. 2026 was $626 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Patrick Industries's Days Inventory for the quarter that ended in Mar. 2026 was 72.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Patrick Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.26.

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. Patrick Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.61.

Patrick Industries  (NAS:PATK) Change In Inventory Explanation

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

Patrick Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=610.667/770.312*365 / 4
=72.34

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=770.312 / 610.667
=1.26

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=610.667 / 997.172
=0.61

* 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.

Patrick Industries Change In Inventory Related Terms

Patrick Industries Change In Inventory Historical Data

* Premium members only.

The historical data trend for Patrick Industries'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.

Patrick Industries Change In Inventory Chart

Patrick Industries 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 -232.47 -11.90 162.18 -1.86 -24.96

Patrick Industries 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 5.37 -0.71 -42.71 13.09 -29.17
PATK
70GF Score
Patrick Industries Inc PATK
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Patrick Industries 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 $-59 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 $-59 Mil mean?
Patrick Industries (PATK) has a Change In Inventory of $-59 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Patrick Industries and its competitors.
Is Patrick Industries' Change In Inventory too high?
Patrick Industries' current Change In Inventory is $-59 Mil. Overall, Patrick Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patrick Industries' Change In Inventory compare to HOG and LCII?
Patrick Industries' Change In Inventory of $-59 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts 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 Patrick Industries and its competitors. Patrick Industries's current Change In Inventory is $-59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrick Industries stock overvalued right now?
Based on GuruFocus' analysis, Patrick Industries (PATK) is currently considered Fairly Valued. The stock's GF Value™ is $86.23, compared to a current price of $88.09 — trading 2.2% above its estimated fair value. The current Change In Inventory is $-59 Mil. Patrick Industries' overall GF Score™ is 70/100 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 Patrick Industries (PATK), the current Change In Inventory is $-59 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 Patrick Industries (PATK) Overvalued in 2026?

Based on GuruFocus' analysis, Patrick Industries stock appears to be overvalued. The current stock price of $88.09 is trading 2.2% above its estimated GF Value™ of $86.23. GuruFocus considers Patrick Industries to be Fairly Valued.

Key valuation signals for PATK:

  • Change In Inventory: $-59 Mil
  • GF Value™: $86.23 vs. price of $88.09 (2.2% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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

Patrick Industries Business Description

Other Exchanges PK2:Germany
Address 107 W. Franklin Street, Elkhart, IN, USA, 46516
Patrick Industries Inc is a component solutions provider for the recreational vehicle (RV), marine, powersports, manufactured housing (MH), and various industrial markets, including single and multi-family housing, hospitality, institutional, and commercial markets. The company operates within two reportable segments, Manufacturing and Distribution. The majority of its revenue is generated from the Manufacturing segment, which offers laminated products utilized to produce furniture, shelving, walls, and countertops; fabricated aluminum products; cabinet products, doors, components, and custom cabinetry; interior passage doors and baggage doors; RV and marine furniture, etc. Geographically, the company mainly operates in the United States, with a small presence in Mexico, China, and Canada.
70GF Score

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

$88.09
Price
$86.23
GF Value