HP (XSWX:HPQ) Change In Inventory: CHF-864 Mil (TTM As of Apr. 2026)

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XSWX:HPQ HP Inc XSWX:HPQ
74 GF Score
Price CHF20.89
GF Value CHF26.49
! 5 Warning Signs
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What is HP Change In Inventory?

HP XSWX:HPQ +2.86% 74 Change In Inventory is CHF-864 Mil as of Apr. 2026. GuruFocus rates XSWX:HPQ with a GF Score™ of 74/100 and a GF Value™ of CHF26.49. The stock has 5 warning signs investors should review.

HP's change in inventory for the quarter that ended in Apr. 2026 was CHF-374 Mil. It means HP's inventory increased by CHF374 Mil from Jan. 2026 to Apr. 2026 .

HP's change in inventory for the fiscal year that ended in Oct. 2025 was CHF-660 Mil. It means HP's inventory increased by CHF660 Mil from Oct. 2024 to Oct. 2025 .

HP's Total Inventories for the quarter that ended in Apr. 2026 was CHF7,248 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HP's Days Inventory for the quarter that ended in Apr. 2026 was 71.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. HP's Inventory Turnover for the quarter that ended in Apr. 2026 was 1.27.

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. HP's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.62.


HP  (XSWX:HPQ) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=7072.6355/8972.339*365 / 4
=71.93

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

HP's Inventory Turnover for the quarter that ended in Apr. 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.

HP's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7072.6355 / 11347.741
=0.62

* 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.


HP Change In Inventory Related Terms


HP Change In Inventory Historical Data

* Premium members only.

The historical data trend for HP'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.

HP Change In Inventory Chart

HP Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,011.49 212.91 603.54 -733.83 -660.33

HP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 232.60 -158.98 -125.21 -205.24 -374.11
XSWX:HPQ
74GF Score
HP Inc XSWX:HPQ
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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HP 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-864 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 CHF-864 Mil mean?
HP (XSWX:HPQ) has a Change In Inventory of CHF-864 Mil as of Apr. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for HP and its competitors.
Is HP's Change In Inventory too high?
HP's current Change In Inventory is CHF-864 Mil. Overall, HP has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does HP's Change In Inventory compare to SMCI and P?
HP's Change In Inventory of CHF-864 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Inventory depends on the Hardware 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 HP and its competitors. HP's current Change In Inventory is CHF-864 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP stock overvalued right now?
HP (XSWX:HPQ) has a current Change In Inventory of CHF-864 Mil. The stock's GF Value™ is CHF26.49, compared to a current price of CHF20.89 — trading 21.1% below its estimated fair value. The current Change In Inventory is CHF-864 Mil. HP's overall GF Score™ is 74/100 with 5 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 HP (XSWX:HPQ), the current Change In Inventory is CHF-864 Mil as of Apr. 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 HP (XSWX:HPQ) Overvalued in 2026?

Based on GuruFocus' analysis, HP stock appears to be undervalued. The current stock price of CHF20.89 is trading 21.1% below its estimated GF Value™ of CHF26.49.

Key valuation signals for XSWX:HPQ:

  • Change In Inventory: CHF-864 Mil
  • GF Value™: CHF26.49 vs. price of CHF20.89 (21.1% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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


HP Business Description

Address 1501 Page Mill Road, Palo Alto, CA, USA, 94304
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
74GF Score

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

CHF20.89
Price
CHF26.49
GF Value