AS (Amer Sports) Total Inventories: $1,897 Mil (As of Jun. 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.

AS Amer Sports Inc AS
68 GF Score
Price $26.27
GF Value $37.34
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Amer Sports Total Inventories?

Amer Sports AS -3.17% 68 Total Inventories is $1,897 Mil as of Jun. 2026. GuruFocus rates AS with a GF Score™ of 68/100 and a GF Value™ of $37.34 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Amer Sports's total inventories for the quarter that ended in Jun. 2026 was $1,897 Mil. Amer Sports's average total inventories from the quarter that ended in Mar. 2026 to the quarter that ended in Jun. 2026 was $1,792 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Amer Sports's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-2.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amer Sports's Days Inventory for the three months ended in Jun. 2026 was 291.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amer Sports's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.31.

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. Amer Sports's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 1.10.


Amer Sports  (NYSE:AS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Amer Sports's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is

Net-Net Working Capital Per Share (Q: Jun. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(720.4+0.75 * 575.2+0.5 * 1896.7-3339.2
-0-21.9)/578.2718
=-2.18

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

Amer Sports's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=1792.3/561*365 / 4
=291.53

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

Amer Sports's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2026 ) / Average Total Inventories (Q: Jun. 2026 )
=561 / 1792.3
=0.31

4. 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.

Amer Sports's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=1792.3 / 1632.6
=1.10

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Amer Sports Total Inventories Related Terms


Amer Sports Total Inventories Historical Data

* Premium members only.

The historical data trend for Amer Sports's Total Inventories 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.

Amer Sports Total Inventories Chart

Amer Sports Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial 582.80 912.50 1,099.60 1,223.30 1,622.10

Amer Sports Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Inventories 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 1,597.00 1,710.40 1,622.10 1,687.90 1,896.70
AS
68GF Score
Amer Sports Inc AS
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amer Sports Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $1,897 Mil mean?
Amer Sports (AS) has a Total Inventories of $1,897 Mil as of Jun. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Amer Sports and its competitors.
Is Amer Sports' Total Inventories too high?
Amer Sports' current Total Inventories is $1,897 Mil. Overall, Amer Sports has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amer Sports' Total Inventories compare to HAS and LTH?
Amer Sports' Total Inventories of $1,897 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Travel & Leisure company?
A good Total Inventories depends on the Travel & Leisure industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Amer Sports and its competitors. Amer Sports's current Total Inventories is $1,897 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amer Sports stock overvalued right now?
Based on GuruFocus' analysis, Amer Sports (AS) is currently considered Significantly Undervalued. The stock's GF Value™ is $37.34, compared to a current price of $26.27 — trading 29.6% below its estimated fair value. The current Total Inventories is $1,897 Mil. Amer Sports' overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Amer Sports (AS), the current Total Inventories is $1,897 Mil as of Jun. 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 Amer Sports (AS) Overvalued in 2026?

Based on GuruFocus' analysis, Amer Sports stock appears to be undervalued. The current stock price of $26.27 is trading 29.6% below its estimated GF Value™ of $37.34. GuruFocus considers Amer Sports to be Significantly Undervalued.

Key valuation signals for AS:

  • Total Inventories: $1,897 Mil
  • GF Value™: $37.34 vs. price of $26.27 (29.6% below fair value)
  • GF Score™: 68/100 with 1 warning sign

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


Amer Sports Business Description

Other Exchanges ASN:Mexico
Address Siltasaarenkatu 8-10, Helsinki, FIN, 00530
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
68GF Score

Get the complete analysis for AS

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

$26.27
Price
$37.34
GF Value