ATO (Atmos Energy) Total Inventories: $136 Mil (As of Mar. 2026)


ATO Atmos Energy Corp ATO
85 GF Score
Price $172.59
GF Value $155.79
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Atmos Energy Total Inventories?

Atmos Energy ATO +0.88% 85 Total Inventories is $136 Mil as of Mar. 2026. GuruFocus rates ATO with a GF Score™ of 85/100 and a GF Value™ of $155.79 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Atmos Energy's total inventories for the quarter that ended in Mar. 2026 was $136 Mil. Atmos Energy's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $148 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Atmos Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-88.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atmos Energy's Days Inventory for the three months ended in Mar. 2026 was 15.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atmos Energy's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.84.

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. Atmos Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.08.


Atmos Energy  (NYSE:ATO) 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.

Atmos Energy's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(125.694+0.75 * 644.63+0.5 * 135.871-15471.446
-0-0)/166.918
=-88.63

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

Atmos Energy's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=147.7/863.108*365 / 4
=15.62

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

Atmos Energy's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=863.108 / 147.7
=5.84

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.

Atmos Energy's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=147.7 / 1962.402
=0.08

* 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.


Atmos Energy Total Inventories Related Terms


Atmos Energy Total Inventories Historical Data

* Premium members only.

The historical data trend for Atmos Energy'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.

Atmos Energy Total Inventories Chart

Atmos Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.70 383.82 280.13 186.47 191.83

Atmos Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 97.25 139.08 191.83 159.53 135.87
ATO
85GF Score
Atmos Energy Corp ATO
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Atmos Energy 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 $136 Mil mean?
Atmos Energy (ATO) has a Total Inventories of $136 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Atmos Energy and its competitors.
Is Atmos Energy's Total Inventories too high?
Atmos Energy's current Total Inventories is $136 Mil. Overall, Atmos Energy has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atmos Energy's Total Inventories compare to NI and UGI?
Atmos Energy's Total Inventories of $136 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Total Inventories depends on the Utilities - Regulated 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 Atmos Energy and its competitors. Atmos Energy's current Total Inventories is $136 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atmos Energy stock overvalued right now?
Based on GuruFocus' analysis, Atmos Energy (ATO) is currently considered Modestly Overvalued. The stock's GF Value™ is $155.79, compared to a current price of $172.59 — trading 10.8% above its estimated fair value. The current Total Inventories is $136 Mil. Atmos Energy's overall GF Score™ is 85/100 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 Atmos Energy (ATO), the current Total Inventories is $136 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 Atmos Energy (ATO) Overvalued in 2026?

Based on GuruFocus' analysis, Atmos Energy stock appears to be overvalued. The current stock price of $172.59 is trading 10.8% above its estimated GF Value™ of $155.79. GuruFocus considers Atmos Energy to be Modestly Overvalued.

Key valuation signals for ATO:

  • Total Inventories: $136 Mil
  • GF Value™: $155.79 vs. price of $172.59 (10.8% above fair value)
  • GF Score™: 85/100 with 4 warning signs

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


Atmos Energy Business Description

Address 5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3.3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
85GF Score

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

$172.59
Price
$155.79
GF Value