Bega Cheese (ASX:BGA) Total Inventories: A$448 Mil (As of Dec. 2025)


ASX:BGA Bega Cheese Ltd ASX:BGA
75 GF Score
Price A$5.79
GF Value A$4.83
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Bega Cheese Total Inventories?

Bega Cheese ASX:BGA +3.21% 75 Total Inventories is A$448 Mil as of Dec. 2025. GuruFocus rates ASX:BGA with a GF Score™ of 75/100 and a GF Value™ of A$4.83 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Bega Cheese's total inventories for the quarter that ended in Dec. 2025 was A$448 Mil. Bega Cheese's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was A$407 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bega Cheese's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was A$-2.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bega Cheese's Days Inventory for the six months ended in Dec. 2025 was 50.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bega Cheese's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.58.

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. Bega Cheese's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.22.


Bega Cheese  (ASX:BGA) 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.

Bega Cheese's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(75.2+0.75 * 343.2+0.5 * 447.5-1177.7
-0-0)/305.377
=-2.03

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

Bega Cheese's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=406.9/1456.4*365 / 2
=50.99

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

Bega Cheese's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=1456.4 / 406.9
=3.58

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.

Bega Cheese's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=406.9 / 1871.3
=0.22

* 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.


Bega Cheese Total Inventories Related Terms


Bega Cheese Total Inventories Historical Data

* Premium members only.

The historical data trend for Bega Cheese'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.

Bega Cheese Total Inventories Chart

Bega Cheese Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.00 317.60 428.70 358.10 366.30

Bega Cheese Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 434.80 358.10 404.50 366.30 447.50
ASX:BGA
75GF Score
Bega Cheese Ltd ASX:BGA
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Bega Cheese 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 A$448 Mil mean?
Bega Cheese (ASX:BGA) has a Total Inventories of A$448 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Bega Cheese and its competitors.
Is Bega Cheese's Total Inventories too high?
Bega Cheese's current Total Inventories is A$448 Mil. Overall, Bega Cheese has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bega Cheese's Total Inventories compare to KHC and GIS?
Bega Cheese's Total Inventories of A$448 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods 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 Bega Cheese and its competitors. Bega Cheese's current Total Inventories is A$448 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bega Cheese stock overvalued right now?
Based on GuruFocus' analysis, Bega Cheese (ASX:BGA) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.83, compared to a current price of A$5.79 — trading 19.9% above its estimated fair value. The current Total Inventories is A$448 Mil. Bega Cheese's overall GF Score™ is 75/100 with 4 warning signs 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 Bega Cheese (ASX:BGA), the current Total Inventories is A$448 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 Bega Cheese (ASX:BGA) Overvalued in 2026?

Based on GuruFocus' analysis, Bega Cheese stock appears to be overvalued. The current stock price of A$5.79 is trading 19.9% above its estimated GF Value™ of A$4.83. GuruFocus considers Bega Cheese to be Modestly Overvalued.

Key valuation signals for ASX:BGA:

  • Total Inventories: A$448 Mil
  • GF Value™: A$4.83 vs. price of A$5.79 (19.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Bega Cheese Business Description

Other Exchanges BGCHY:USAB6G:Germany
Address 23 Ridge Street, Bega, NSW, AUS, 2550
Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: The branded segment produces consumer packaged goods primarily sold through the supermarket and foodservice channels, while the bulk segment produces commodity dairy ingredients primarily sold through the business-to-business channel.
75GF Score

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

A$5.79
Price
A$4.83
GF Value