Garmin (MEX:GRMN N) Inventories, Finished Goods: MXN16,777 Mil (As of Mar. 2026)

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MEX:GRMN N Garmin Ltd MEX:GRMN N
92 GF Score
Price MXN4,167.45
GF Value MXN4,022.20
Valuation Fairly Valued
! 2 Warning Signs
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What is Garmin Inventories, Finished Goods?

Garmin MEX:GRMN N 92 Inventories, Finished Goods is MXN16,777 Mil as of Mar. 2026. GuruFocus rates MEX:GRMN N with a GF Score™ of 92/100 and a GF Value™ of MXN4,022.20 (Fairly Valued). The stock has 2 warning signs investors should review.

Garmin's quarterly finished goods declined from Sep. 2025 (MXN18,813 Mil) to Dec. 2025 (MXN16,115 Mil) but then increased from Dec. 2025 (MXN16,115 Mil) to Mar. 2026 (MXN16,777 Mil).

Garmin's annual finished goods increased from Dec. 2023 (MXN11,738 Mil) to Dec. 2024 (MXN15,276 Mil) and increased from Dec. 2024 (MXN15,276 Mil) to Dec. 2025 (MXN16,115 Mil).

Garmin Inventories, Finished Goods Historical Data

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The historical data trend for Garmin's Inventories, Finished Goods 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.

Garmin Inventories, Finished Goods Chart

Garmin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,346.71 14,296.69 11,738.42 15,276.26 16,115.43

Garmin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Finished Goods 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 16,659.40 16,811.71 18,812.67 16,115.43 16,777.25
MEX:GRMN N
92GF Score
Garmin Ltd MEX:GRMN N
Inventories, Finished Goods is just one metric. See GF Score™, valuation, warning signs, and more.
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Garmin Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of MXN16,777 Mil mean?
Garmin (MEX:GRMN N) has a Inventories, Finished Goods of MXN16,777 Mil as of Mar. 2026. Finished goods are inventory items that are complete and ready to be sold. View historical data on Garmin and its competitors.
Is Garmin's Inventories, Finished Goods too high?
Garmin's current Inventories, Finished Goods is MXN16,777 Mil. Overall, Garmin has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garmin's Inventories, Finished Goods compare to KEYS and COHR?
Garmin's Inventories, Finished Goods of MXN16,777 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for a Hardware company?
A good Inventories, Finished Goods depends on the Hardware industry context. However, Inventories, Finished Goods 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 Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Garmin and its competitors. Garmin's current Inventories, Finished Goods is MXN16,777 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garmin stock overvalued right now?
Based on GuruFocus' analysis, Garmin (MEX:GRMN N) is currently considered Fairly Valued. The stock's GF Value™ is MXN4,022.20, compared to a current price of MXN4,167.45 — trading 3.6% above its estimated fair value. The current Inventories, Finished Goods is MXN16,777 Mil. Garmin's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Garmin (MEX:GRMN N), the current Inventories, Finished Goods is MXN16,777 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 Garmin (MEX:GRMN N) Overvalued in 2026?

Based on GuruFocus' analysis, Garmin stock appears to be overvalued. The current stock price of MXN4,167.45 is trading 3.6% above its estimated GF Value™ of MXN4,022.20. GuruFocus considers Garmin to be Fairly Valued.

Key valuation signals for MEX:GRMN N:

  • Inventories, Finished Goods: MXN16,777 Mil
  • GF Value™: MXN4,022.20 vs. price of MXN4,167.45 (3.6% above fair value)
  • GF Score™: 92/100 with 2 warning signs

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

Garmin Business Description

Address Muhlentalstrasse 36/38, Schaffhausen, CHE, 8200
Garmin produces GPS-enabled hardware and software for five sectors: fitness, outdoors, automotive, aviation, and marine. Garmin has built a strong reputation for durable, high-precision devices through a vertically integrated design and manufacturing approach. The company's product lines include smartwatches, fitness trackers, communication equipment, and a comprehensive suite of systems for marine and aviation navigation. Garmin operates globally, with its business focused primarily on North America and Europe.
92GF Score

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Inventories, Finished Goods is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,167.45
Price
MXN4,022.20
GF Value