TPI Composites (MEX:TPIC) Change In Inventory: MXN-419 Mil (TTM As of Dec. 2025)

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:TPIC TPI Composites Inc MEX:TPIC
16 GF Score
Price MXN99.00
GF Value MXN47,672.31
! 7 Warning Signs
View Full Analysis

What is TPI Composites Change In Inventory?

TPI Composites MEX:TPIC 16 Change In Inventory is MXN-419 Mil as of Dec. 2025. GuruFocus rates MEX:TPIC with a GF Score™ of 16/100 and a GF Value™ of MXN47,672.31. The stock has 7 warning signs investors should review.

TPI Composites's change in inventory for the quarter that ended in Dec. 2025 was MXN-466 Mil. It means TPI Composites's inventory increased by MXN466 Mil from Sep. 2025 to Dec. 2025 .

TPI Composites's change in inventory for the fiscal year that ended in Dec. 2025 was MXN-423 Mil. It means TPI Composites's inventory increased by MXN423 Mil from Dec. 2024 to Dec. 2025 .

TPI Composites's Total Inventories for the quarter that ended in Dec. 2025 was MXN497 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TPI Composites's Days Inventory for the quarter that ended in Dec. 2025 was 5.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. TPI Composites's Inventory Turnover for the quarter that ended in Dec. 2025 was 15.46.

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. TPI Composites's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.07.


TPI Composites  (MEX:TPIC) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=270.3645/4180.779*365 / 4
=5.90

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

TPI Composites's Inventory Turnover for the quarter that ended in Dec. 2025 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.

TPI Composites's Inventory to Revenue for the quarter that ended in Dec. 2025 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.


TPI Composites Change In Inventory Related Terms


TPI Composites Change In Inventory Historical Data

* Premium members only.

The historical data trend for TPI Composites'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.

TPI Composites Change In Inventory Chart

TPI Composites 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 -20.88 -12.46 31.76 13.18 -423.39

TPI Composites Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -12.68 40.38 -20.92 27.19 -465.61
MEX:TPIC
16GF Score
TPI Composites Inc MEX:TPIC
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPI Composites 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-419 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-419 Mil mean?
TPI Composites (MEX:TPIC) has a Change In Inventory of MXN-419 Mil as of Dec. 2025. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for TPI Composites and its competitors.
Is TPI Composites' Change In Inventory too high?
TPI Composites' current Change In Inventory is MXN-419 Mil. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' Change In Inventory compare to CHMX and INLF?
TPI Composites' Change In Inventory of MXN-419 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Change In Inventory depends on the Industrial Products 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 TPI Composites and its competitors. TPI Composites's current Change In Inventory is MXN-419 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current Change In Inventory of MXN-419 Mil. The stock's GF Value™ is MXN47,672.31, compared to a current price of MXN99.00 — trading 99.8% below its estimated fair value. The current Change In Inventory is MXN-419 Mil. TPI Composites' overall GF Score™ is 16/100 with 7 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 TPI Composites (MEX:TPIC), the current Change In Inventory is MXN-419 Mil as of Dec. 2025. 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 TPI Composites (MEX:TPIC) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued. The current stock price of MXN99.00 is trading 99.8% below its estimated GF Value™ of MXN47,672.31.

Key valuation signals for MEX:TPIC:

  • Change In Inventory: MXN-419 Mil
  • GF Value™: MXN47,672.31 vs. price of MXN99.00 (99.8% below fair value)
  • GF Score™: 16/100 with 7 warning signs

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


TPI Composites Business Description

Other Exchanges TPICQ:USA
Address 9200 E Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score

Get the complete analysis for MEX:TPIC

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

MXN99.00
Price
MXN47,672.31
GF Value