Axon Enterprise (MEX:AXON) Change In Inventory: MXN-2,366 Mil (TTM As of Mar. 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.

MEX:AXON Axon Enterprise Inc MEX:AXON
62 GF Score
Price MXN9,794.88
GF Value MXN10,952.49
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Axon Enterprise Change In Inventory?

Axon Enterprise MEX:AXON 62 Change In Inventory is MXN-2,366 Mil as of Mar. 2026. GuruFocus rates MEX:AXON with a GF Score™ of 62/100 and a GF Value™ of MXN10,952.49 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Axon Enterprise's change in inventory for the quarter that ended in Mar. 2026 was MXN-1,167 Mil. It means Axon Enterprise's inventory increased by MXN1,167 Mil from Dec. 2025 to Mar. 2026 .

Axon Enterprise's change in inventory for the fiscal year that ended in Dec. 2025 was MXN-1,476 Mil. It means Axon Enterprise's inventory increased by MXN1,476 Mil from Dec. 2024 to Dec. 2025 .

Axon Enterprise's Total Inventories for the quarter that ended in Mar. 2026 was MXN7,358 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Axon Enterprise's Days Inventory for the quarter that ended in Mar. 2026 was 103.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Axon Enterprise's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.88.

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. Axon Enterprise's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.46.


Axon Enterprise  (MEX:AXON) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6756.034/5951.855*365 / 4
=103.58

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

Axon Enterprise's Inventory Turnover for the quarter that ended in Mar. 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.

Axon Enterprise's Inventory to Revenue for the quarter that ended in Mar. 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.


Axon Enterprise Change In Inventory Related Terms


Axon Enterprise Change In Inventory Historical Data

* Premium members only.

The historical data trend for Axon Enterprise'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.

Axon Enterprise Change In Inventory Chart

Axon Enterprise 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 -374.83 -1,852.33 -1,317.64 12.66 -1,475.59

Axon Enterprise 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 -347.50 -585.81 -184.89 -428.07 -1,166.95
MEX:AXON
62GF Score
Axon Enterprise Inc MEX:AXON
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axon Enterprise 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 MXN-2,366 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 MXN-2,366 Mil mean?
Axon Enterprise (MEX:AXON) has a Change In Inventory of MXN-2,366 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Axon Enterprise and its competitors.
Is Axon Enterprise's Change In Inventory too high?
Axon Enterprise's current Change In Inventory is MXN-2,366 Mil. Overall, Axon Enterprise has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Change In Inventory compare to HEI.A and CW?
Axon Enterprise's Change In Inventory of MXN-2,366 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Change In Inventory depends on the Aerospace & Defense 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 Axon Enterprise and its competitors. Axon Enterprise's current Change In Inventory is MXN-2,366 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Axon Enterprise (MEX:AXON) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN10,952.49, compared to a current price of MXN9,794.88 — trading 10.6% below its estimated fair value. The current Change In Inventory is MXN-2,366 Mil. Axon Enterprise's overall GF Score™ is 62/100 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 Axon Enterprise (MEX:AXON), the current Change In Inventory is MXN-2,366 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 Axon Enterprise (MEX:AXON) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued. The current stock price of MXN9,794.88 is trading 10.6% below its estimated GF Value™ of MXN10,952.49. GuruFocus considers Axon Enterprise to be Modestly Undervalued.

Key valuation signals for MEX:AXON:

  • Change In Inventory: MXN-2,366 Mil
  • GF Value™: MXN10,952.49 vs. price of MXN9,794.88 (10.6% below fair value)
  • GF Score™: 62/100 with 4 warning signs

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


Axon Enterprise Business Description

Address 17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.
62GF Score

Get the complete analysis for MEX:AXON

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

MXN9,794.88
Price
MXN10,952.49
GF Value