FMS (Fresenius Medical Care AG) Change In Inventory: $-378 Mil (TTM As of Mar. 2026)


FMS Fresenius Medical Care AG FMS
72 GF Score
Price $23.53
GF Value $24.14
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fresenius Medical Care AG Change In Inventory?

Fresenius Medical Care AG FMS +2.93% 72 Change In Inventory is $-378 Mil as of Mar. 2026. GuruFocus rates FMS with a GF Score™ of 72/100 and a GF Value™ of $24.14 (Fairly Valued). The stock has 4 warning signs investors should review.

Fresenius Medical Care AG's change in inventory for the quarter that ended in Mar. 2026 was $-170 Mil. It means Fresenius Medical Care AG's inventory increased by $170 Mil from Dec. 2025 to Mar. 2026 .

Fresenius Medical Care AG's change in inventory for the fiscal year that ended in Dec. 2025 was $-291 Mil. It means Fresenius Medical Care AG's inventory increased by $291 Mil from Dec. 2024 to Dec. 2025 .

Fresenius Medical Care AG's Total Inventories for the quarter that ended in Mar. 2026 was $2,662 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fresenius Medical Care AG's Days Inventory for the quarter that ended in Mar. 2026 was 59.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fresenius Medical Care AG's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.54.

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. Fresenius Medical Care AG's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.48.

Fresenius Medical Care AG  (NYSE:FMS) Change In Inventory Explanation

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

Fresenius Medical Care AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2584.597/3968.387*365 / 4
=59.43

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

Fresenius Medical Care AG's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3968.387 / 2584.597
=1.54

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.

Fresenius Medical Care AG's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2584.597 / 5331.962
=0.48

* 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.

Fresenius Medical Care AG Change In Inventory Related Terms

Fresenius Medical Care AG Change In Inventory Historical Data

* Premium members only.

The historical data trend for Fresenius Medical Care AG'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.

Fresenius Medical Care AG Change In Inventory Chart

Fresenius Medical Care AG 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 -54.84 -216.43 -14.33 112.98 -291.17

Fresenius Medical Care AG 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 -76.70 -17.95 -120.87 -69.29 -169.69
FMS
72GF Score
Fresenius Medical Care AG FMS
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fresenius Medical Care AG 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 $-378 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 $-378 Mil mean?
Fresenius Medical Care AG (FMS) has a Change In Inventory of $-378 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Fresenius Medical Care AG and its competitors.
Is Fresenius Medical Care AG's Change In Inventory too high?
Fresenius Medical Care AG's current Change In Inventory is $-378 Mil. Overall, Fresenius Medical Care AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fresenius Medical Care AG's Change In Inventory compare to HCA and THC?
Fresenius Medical Care AG's Change In Inventory of $-378 Mil can be compared against companies in the Healthcare Providers & Services 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 Providers & Services company?
A good Change In Inventory depends on the Healthcare Providers & Services 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 Fresenius Medical Care AG and its competitors. Fresenius Medical Care AG's current Change In Inventory is $-378 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius Medical Care AG stock overvalued right now?
Based on GuruFocus' analysis, Fresenius Medical Care AG (FMS) is currently considered Fairly Valued. The stock's GF Value™ is $24.14, compared to a current price of $23.53 — trading 2.5% below its estimated fair value. The current Change In Inventory is $-378 Mil. Fresenius Medical Care AG's overall GF Score™ is 72/100 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 Fresenius Medical Care AG (FMS), the current Change In Inventory is $-378 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 Fresenius Medical Care AG (FMS) Overvalued in 2026?

Based on GuruFocus' analysis, Fresenius Medical Care AG stock appears to be undervalued. The current stock price of $23.53 is trading 2.5% below its estimated GF Value™ of $24.14. GuruFocus considers Fresenius Medical Care AG to be Fairly Valued.

Key valuation signals for FMS:

  • Change In Inventory: $-378 Mil
  • GF Value™: $24.14 vs. price of $23.53 (2.5% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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

Fresenius Medical Care AG Business Description

Address Else-Kroner-Strasse 1, Bad Homburg, HE, DEU, 61352
Fresenius Medical Care is the largest dialysis company in the world, treating nearly 300,000 patients from about 3,600 clinics worldwide as of December 2025. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market, creating the world's only fully integrated dialysis business. Services account for about three-fourths of sales, while the balance is generated from medical technology products that enable dialysis treatments.
72GF Score

Get the complete analysis for FMS

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

$23.53
Price
$24.14
GF Value