IPGP (IPG Photonics) Change In Inventory: $-63 Mil (TTM As of Mar. 2026)

What is IPG Photonics Change In Inventory?

IPG Photonics IPGP +5.62% 78 Change In Inventory is $-63 Mil as of Mar. 2026. GuruFocus rates IPGP with a GF Score™ of 78/100 and a GF Value™ of $85.22 (Modestly Overvalued). The stock has 5 warning signs investors should review.

IPG Photonics's change in inventory for the quarter that ended in Mar. 2026 was $-19 Mil. It means IPG Photonics's inventory increased by $19 Mil from Dec. 2025 to Mar. 2026 .

IPG Photonics's change in inventory for the fiscal year that ended in Dec. 2025 was $-53 Mil. It means IPG Photonics's inventory increased by $53 Mil from Dec. 2024 to Dec. 2025 .

IPG Photonics's Total Inventories for the quarter that ended in Mar. 2026 was $319 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IPG Photonics's Days Inventory for the quarter that ended in Mar. 2026 was 173.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. IPG Photonics's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.52.

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. IPG Photonics's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.19.

IPG Photonics (NAS:IPGP) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	316.211	/	165.998	*	365 / 4
	=	173.82

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	165.998	/	316.211
	=	0.52

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	316.211	/	265.497
	=	1.19

* 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.

IPG Photonics Change In Inventory Related Terms

IPG Photonics Change In Inventory Historical Data

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The historical data trend for IPG Photonics's Change In Inventory can be seen below:

IPG Photonics Change In Inventory Chart

IPG Photonics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Change In Inventory

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-149.75

-189.01

1.82

47.73

-52.92

IPG Photonics 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															-8.97	-14.87	-28.17	-0.91	-19.42

78GF Score

IPG Photonics Corp IPGP

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IPG Photonics 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 $-63 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $-63 Mil mean?

IPG Photonics (IPGP) has a Change In Inventory of $-63 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for IPG Photonics and its competitors.

Is IPG Photonics' Change In Inventory too high?

IPG Photonics' current Change In Inventory is $-63 Mil. Overall, IPG Photonics has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does IPG Photonics' Change In Inventory compare to AXTI and VECO?

IPG Photonics' Change In Inventory of $-63 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?

A good Change In Inventory depends on the Semiconductors 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 IPG Photonics and its competitors. IPG Photonics's current Change In Inventory is $-63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is IPG Photonics stock overvalued right now?

Based on GuruFocus' analysis, IPG Photonics (IPGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $85.22, compared to a current price of $108.12 — trading 26.9% above its estimated fair value. The current Change In Inventory is $-63 Mil. IPG Photonics' overall GF Score™ is 78/100 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 IPG Photonics (IPGP), the current Change In Inventory is $-63 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 IPG Photonics (IPGP) Overvalued in 2026?

Based on GuruFocus' analysis, IPG Photonics stock appears to be overvalued. The current stock price of $108.12 is trading 26.9% above its estimated GF Value™ of $85.22. GuruFocus considers IPG Photonics to be Modestly Overvalued.

Key valuation signals for IPGP:

Change In Inventory: $-63 Mil
GF Value™: $85.22 vs. price of $108.12 (26.9% above fair value)
GF Score™: 78/100 with 5 warning signs

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

IPG Photonics Business Description

Industry Technology Semiconductors

Comparable Companies AXTI VECO ACLS UCTT ICHR COHU AEHR AMBA KLIC CAMT XAMS:ASML AMAT LRCX KLAC TSE:8035 TSE:6857 SZSE:002371 TER SHSE:688012 XAMS:ASM

Other Exchanges 0J86:UK IPF:Germany I1PG34:Brazil

Address 377 Simarano Drive, Marlborough, MA, USA, 01752

Website https://www.ipgphotonics.com

IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, laser and non-laser systems, fiber amplifiers, diode lasers, and related optical components. Its products are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. The company sells its products globally to original equipment manufacturers (OEMs), system integrators, and end users. Additionally, it manufactures complementary products used with its lasers, including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors, and chillers. Geographically, the company generates maximum revenue from North America, followed by China, Japan, Germany, and other markets.

78GF Score

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$108.12

Price

$85.22

GF Value

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