Telefonica Brasil (FRA:TSPA) Change In Inventory: €-96 Mil (TTM As of Jun. 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.

FRA:TSPA Telefonica Brasil SA FRA:TSPA
84 GF Score
Price €11.10
GF Value €10.98
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Telefonica Brasil Change In Inventory?

Telefonica Brasil FRA:TSPA +0.91% 84 Change In Inventory is €-96 Mil as of Jun. 2026. GuruFocus rates FRA:TSPA with a GF Score™ of 84/100 and a GF Value™ of €10.98 (Fairly Valued). The stock has 3 warning signs investors should review.

Telefonica Brasil's change in inventory for the quarter that ended in Jun. 2026 was €0 Mil. It means Telefonica Brasil's inventory stayed the same from Mar. 2026 to Jun. 2026 .

Telefonica Brasil's change in inventory for the fiscal year that ended in Dec. 2025 was €-66 Mil. It means Telefonica Brasil's inventory increased by €66 Mil from Dec. 2024 to Dec. 2025 .

Telefonica Brasil's Total Inventories for the quarter that ended in Jun. 2026 was €302 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telefonica Brasil's Days Inventory for the quarter that ended in Jun. 2026 was 54.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Telefonica Brasil's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.68.

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. Telefonica Brasil's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.11.


Telefonica Brasil  (FRA:TSPA) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=296.357/498.531*365 / 4
=54.24

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

Telefonica Brasil's Inventory Turnover for the quarter that ended in Jun. 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.

Telefonica Brasil's Inventory to Revenue for the quarter that ended in Jun. 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.


Telefonica Brasil Change In Inventory Related Terms


Telefonica Brasil Change In Inventory Historical Data

* Premium members only.

The historical data trend for Telefonica Brasil'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.

Telefonica Brasil Change In Inventory Chart

Telefonica Brasil 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 -7.07 -32.32 -18.87 -48.72 -66.25

Telefonica Brasil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 28.57 -41.86 -35.27 -47.00 0.00
FRA:TSPA
84GF Score
Telefonica Brasil SA FRA:TSPA
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telefonica Brasil 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-96 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 €-96 Mil mean?
Telefonica Brasil (FRA:TSPA) has a Change In Inventory of €-96 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Telefonica Brasil and its competitors.
Is Telefonica Brasil's Change In Inventory too high?
Telefonica Brasil's current Change In Inventory is €-96 Mil. Overall, Telefonica Brasil has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica Brasil's Change In Inventory compare to VZ and TMUS?
Telefonica Brasil's Change In Inventory of €-96 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Change In Inventory depends on the Telecommunication 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 Telefonica Brasil and its competitors. Telefonica Brasil's current Change In Inventory is €-96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica Brasil stock overvalued right now?
Based on GuruFocus' analysis, Telefonica Brasil (FRA:TSPA) is currently considered Fairly Valued. The stock's GF Value™ is €10.98, compared to a current price of €11.10 — trading 1.1% above its estimated fair value. The current Change In Inventory is €-96 Mil. Telefonica Brasil's overall GF Score™ is 84/100 with 3 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 Telefonica Brasil (FRA:TSPA), the current Change In Inventory is €-96 Mil as of Jun. 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 Telefonica Brasil (FRA:TSPA) Overvalued in 2026?

Based on GuruFocus' analysis, Telefonica Brasil stock appears to be overvalued. The current stock price of €11.10 is trading 1.1% above its estimated GF Value™ of €10.98. GuruFocus considers Telefonica Brasil to be Fairly Valued.

Key valuation signals for FRA:TSPA:

  • Change In Inventory: €-96 Mil
  • GF Value™: €10.98 vs. price of €11.10 (1.1% above fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Telefonica Brasil Business Description

Address Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 103 million customers, which is equal to about 38% market share. The firm is strongest in the postpaid business, where it has 72 million customers, or about 40% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and also owns an extensive fiber network across the country. The firm provides internet access to 8 million households on this network. The firm also sells pay-TV and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 10% of total revenue.
84GF Score

Get the complete analysis for FRA:TSPA

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

€11.10
Price
€10.98
GF Value