ELAN (Elanco Animal Health) Total Inventories: $1,717 Mil (As of Mar. 2026)


ELAN Elanco Animal Health Inc ELAN
66 GF Score
Price $23.84
GF Value $15.57
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Elanco Animal Health Total Inventories?

Elanco Animal Health ELAN +2.85% 66 Total Inventories is $1,717 Mil as of Mar. 2026. GuruFocus rates ELAN with a GF Score™ of 66/100 and a GF Value™ of $15.57 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Elanco Animal Health's total inventories for the quarter that ended in Mar. 2026 was $1,717 Mil. Elanco Animal Health's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $1,727 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Elanco Animal Health's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-9.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elanco Animal Health's Days Inventory for the three months ended in Mar. 2026 was 268.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elanco Animal Health's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.34.

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. Elanco Animal Health's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.26.


Elanco Animal Health  (NYSE:ELAN) 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.

Elanco Animal Health'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)
=(428+0.75 * 1084+0.5 * 1717-6722
-0-0)/499.382
=-9.26

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

Elanco Animal Health'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
=1727/586*365 / 4
=268.92

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

Elanco Animal Health'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 )
=586 / 1727
=0.34

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.

Elanco Animal Health'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 )
=1727 / 1371
=1.26

* 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.


Elanco Animal Health Total Inventories Related Terms


Elanco Animal Health Total Inventories Historical Data

* Premium members only.

The historical data trend for Elanco Animal Health'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.

Elanco Animal Health Total Inventories Chart

Elanco Animal Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,371.00 1,538.00 1,735.00 1,574.00 1,737.00

Elanco Animal Health 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 1,592.00 1,670.00 1,708.00 1,737.00 1,717.00
ELAN
66GF Score
Elanco Animal Health Inc ELAN
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Elanco Animal Health 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 $1,717 Mil mean?
Elanco Animal Health (ELAN) has a Total Inventories of $1,717 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Elanco Animal Health and its competitors.
Is Elanco Animal Health's Total Inventories too high?
Elanco Animal Health's current Total Inventories is $1,717 Mil. Overall, Elanco Animal Health has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elanco Animal Health's Total Inventories compare to RGC and NBIX?
Elanco Animal Health's Total Inventories of $1,717 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Inventories depends on the Drug Manufacturers 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 Elanco Animal Health and its competitors. Elanco Animal Health's current Total Inventories is $1,717 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elanco Animal Health stock overvalued right now?
Based on GuruFocus' analysis, Elanco Animal Health (ELAN) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.57, compared to a current price of $23.84 — trading 53.1% above its estimated fair value. The current Total Inventories is $1,717 Mil. Elanco Animal Health's overall GF Score™ is 66/100 with 2 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 Elanco Animal Health (ELAN), the current Total Inventories is $1,717 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 Elanco Animal Health (ELAN) Overvalued in 2026?

Based on GuruFocus' analysis, Elanco Animal Health stock appears to be overvalued. The current stock price of $23.84 is trading 53.1% above its estimated GF Value™ of $15.57. GuruFocus considers Elanco Animal Health to be Significantly Overvalued.

Key valuation signals for ELAN:

  • Total Inventories: $1,717 Mil
  • GF Value™: $15.57 vs. price of $23.84 (53.1% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Elanco Animal Health Business Description

Other Exchanges 5EA:Germany
Address 450 ELANCO CIRCLE, INDIANAPOLIS, IN, USA, 46221
Elanco Animal Health is an animal health company that is engaged in developing, manufacturing, and marketing pharma products for companion and food animals. It spun off from Eli Lilly in 2018 and acquired Janssen Animal Health in 2011, Novartis Animal Health in 2014, Boehringer Ingelheim Vetmedica in 2017, and Bayer Animal Health in 2020. The company's operations are conducted globally, and it sells its products in over 90 countries. It offers a range of food animal products used in cattle, sheep, poultry, and swine production.
66GF Score

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

$23.84
Price
$15.57
GF Value