Iveco Group NV (MIL:IVG) Change In Inventory: €-114 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.

MIL:IVG Iveco Group NV MIL:IVG
70 GF Score
Price €13.92
GF Value €10.63
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Iveco Group NV Change In Inventory?

Iveco Group NV MIL:IVG -0.04% 70 Change In Inventory is €-114 Mil as of Mar. 2026. GuruFocus rates MIL:IVG with a GF Score™ of 70/100 and a GF Value™ of €10.63 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Iveco Group NV's change in inventory for the quarter that ended in Mar. 2026 was €-416 Mil. It means Iveco Group NV's inventory increased by €416 Mil from Dec. 2025 to Mar. 2026 .

Iveco Group NV's change in inventory for the fiscal year that ended in Dec. 2025 was €-199 Mil. It means Iveco Group NV's inventory increased by €199 Mil from Dec. 2024 to Dec. 2025 .

Iveco Group NV's Total Inventories for the quarter that ended in Mar. 2026 was €2,953 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iveco Group NV's Days Inventory for the quarter that ended in Mar. 2026 was 98.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iveco Group NV's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.93.

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. Iveco Group NV's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.97.


Iveco Group NV  (MIL:IVG) Change In Inventory Explanation

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

Iveco Group NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2731/2539*365 / 4
=98.15

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

Iveco Group NV'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.

Iveco Group NV'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.


Iveco Group NV Change In Inventory Related Terms


Iveco Group NV Change In Inventory Historical Data

* Premium members only.

The historical data trend for Iveco Group NV'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.

Iveco Group NV Change In Inventory Chart

Iveco Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial -496.00 -219.00 -86.00 -122.00 -199.00

Iveco Group NV 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 -501.00 -279.00 77.00 504.00 -416.00
MIL:IVG
70GF Score
Iveco Group NV MIL:IVG
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iveco Group NV 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 €-114 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 €-114 Mil mean?
Iveco Group NV (MIL:IVG) has a Change In Inventory of €-114 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Iveco Group NV and its competitors.
Is Iveco Group NV's Change In Inventory too high?
Iveco Group NV's current Change In Inventory is €-114 Mil. Overall, Iveco Group NV has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iveco Group NV's Change In Inventory compare to CAT and DE?
Iveco Group NV's Change In Inventory of €-114 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Change In Inventory depends on the Farm & Heavy Construction Machinery 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 Iveco Group NV and its competitors. Iveco Group NV's current Change In Inventory is €-114 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iveco Group NV stock overvalued right now?
Based on GuruFocus' analysis, Iveco Group NV (MIL:IVG) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.63, compared to a current price of €13.92 — trading 31% above its estimated fair value. The current Change In Inventory is €-114 Mil. Iveco Group NV's overall GF Score™ is 70/100 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 Iveco Group NV (MIL:IVG), the current Change In Inventory is €-114 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 Iveco Group NV (MIL:IVG) Overvalued in 2026?

Based on GuruFocus' analysis, Iveco Group NV stock appears to be overvalued. The current stock price of €13.92 is trading 31% above its estimated GF Value™ of €10.63. GuruFocus considers Iveco Group NV to be Significantly Overvalued.

Key valuation signals for MIL:IVG:

  • Change In Inventory: €-114 Mil
  • GF Value™: €10.63 vs. price of €13.92 (31% above fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Iveco Group NV Business Description

Address Via Puglia n. 35, Turin, ITA, 10156
Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has four operating segments: Truck, Bus, Powertrain, and Financial Services. The majority of revenue is generated from the Truck segment which designs, manufactures, and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand. Geographically, the majority of revenue is generated from Europe.
70GF Score

Get the complete analysis for MIL:IVG

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

€13.92
Price
€10.63
GF Value