Applied Materials (XSWX:AMAT) Change In Inventory: CHF-523 Mil (TTM As of Apr. 2026)


XSWX:AMAT Applied Materials Inc XSWX:AMAT
86 GF Score
Price CHF506.30
GF Value CHF169.06
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Applied Materials Change In Inventory?

Applied Materials XSWX:AMAT +4.49% 86 Change In Inventory is CHF-523 Mil as of Apr. 2026. GuruFocus rates XSWX:AMAT with a GF Score™ of 86/100 and a GF Value™ of CHF169.06 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Applied Materials's change in inventory for the quarter that ended in Apr. 2026 was CHF-251 Mil. It means Applied Materials's inventory increased by CHF251 Mil from Jan. 2026 to Apr. 2026 .

Applied Materials's change in inventory for the fiscal year that ended in Oct. 2025 was CHF-394 Mil. It means Applied Materials's inventory increased by CHF394 Mil from Oct. 2024 to Oct. 2025 .

Applied Materials's Total Inventories for the quarter that ended in Apr. 2026 was CHF4,996 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Applied Materials's Days Inventory for the quarter that ended in Apr. 2026 was 142.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Applied Materials's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.64.

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. Applied Materials's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.78.

Applied Materials  (XSWX:AMAT) Change In Inventory Explanation

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

Applied Materials's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=4864.8895/3121.259*365 / 4
=142.23

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

Applied Materials's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3121.259 / 4864.8895
=0.64

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.

Applied Materials's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4864.8895 / 6229.916
=0.78

* 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.

Applied Materials Change In Inventory Related Terms

Applied Materials Change In Inventory Historical Data

* Premium members only.

The historical data trend for Applied Materials'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.

Applied Materials Change In Inventory Chart

Applied Materials Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -373.69 -1,581.89 187.03 261.84 -393.97

Applied Materials Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -129.22 -120.63 -86.13 -64.73 -251.24
XSWX:AMAT
86GF Score
Applied Materials Inc XSWX:AMAT
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Applied Materials 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-523 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 CHF-523 Mil mean?
Applied Materials (XSWX:AMAT) has a Change In Inventory of CHF-523 Mil as of Apr. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Applied Materials and its competitors.
Is Applied Materials' Change In Inventory too high?
Applied Materials' current Change In Inventory is CHF-523 Mil. Overall, Applied Materials has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Change In Inventory compare to LRCX and KLAC?
Applied Materials' Change In Inventory of CHF-523 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 Applied Materials and its competitors. Applied Materials's current Change In Inventory is CHF-523 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XSWX:AMAT) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF169.06, compared to a current price of CHF506.30 — trading 199.5% above its estimated fair value. The current Change In Inventory is CHF-523 Mil. Applied Materials' overall GF Score™ is 86/100 with 6 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 Applied Materials (XSWX:AMAT), the current Change In Inventory is CHF-523 Mil as of Apr. 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 Applied Materials (XSWX:AMAT) Overvalued in 2026?

Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued. The current stock price of CHF506.30 is trading 199.5% above its estimated GF Value™ of CHF169.06. GuruFocus considers Applied Materials to be Significantly Overvalued.

Key valuation signals for XSWX:AMAT:

  • Change In Inventory: CHF-523 Mil
  • GF Value™: CHF169.06 vs. price of CHF506.30 (199.5% above fair value)
  • GF Score™: 86/100 with 6 warning signs

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

Applied Materials Business Description

Address 3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
86GF Score

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

CHF506.30
Price
CHF169.06
GF Value