EYE (National Vision Holdings) Total Inventories: $108 Mil (As of Mar. 2026)

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EYE National Vision Holdings Inc EYE
74 GF Score
Price $20.11
GF Value $23.96
Valuation Modestly Undervalued
! 3 Warning Signs
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What is National Vision Holdings Total Inventories?

National Vision Holdings EYE +4.25% 74 Total Inventories is $108 Mil as of Mar. 2026. GuruFocus rates EYE with a GF Score™ of 74/100 and a GF Value™ of $23.96 (Modestly Undervalued). The stock has 3 warning signs investors should review.

National Vision Holdings's total inventories for the quarter that ended in Mar. 2026 was $108 Mil. National Vision Holdings's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $99 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. National Vision Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-12.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Vision Holdings's Days Inventory for the three months ended in Mar. 2026 was 41.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Vision Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.22.

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. National Vision Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.18.


National Vision Holdings  (NAS:EYE) 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.

National Vision Holdings'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)
=(67.898+0.75 * 43.99+0.5 * 107.706-1122.477
-0-0)/80.115
=-12.08

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

National Vision Holdings'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
=98.512/219.136*365 / 4
=41.02

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

National Vision Holdings'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 )
=219.136 / 98.512
=2.22

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.

National Vision Holdings'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 )
=98.512 / 543.88
=0.18

* 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.


National Vision Holdings Total Inventories Related Terms


National Vision Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for National Vision Holdings'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.

National Vision Holdings Total Inventories Chart

National Vision Holdings 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 123.67 123.16 119.91 93.92 89.32

National Vision Holdings 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 88.57 89.65 88.01 89.32 107.71
EYE
74GF Score
National Vision Holdings Inc EYE
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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National Vision Holdings 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 $108 Mil mean?
National Vision Holdings (EYE) has a Total Inventories of $108 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for National Vision Holdings and its competitors.
Is National Vision Holdings' Total Inventories too high?
National Vision Holdings' current Total Inventories is $108 Mil. Overall, National Vision Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Vision Holdings' Total Inventories compare to WINA and SVV?
National Vision Holdings' Total Inventories of $108 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Inventories depends on the Retail - Cyclical 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 National Vision Holdings and its competitors. National Vision Holdings's current Total Inventories is $108 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Vision Holdings stock overvalued right now?
Based on GuruFocus' analysis, National Vision Holdings (EYE) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.96, compared to a current price of $20.11 — trading 16.1% below its estimated fair value. The current Total Inventories is $108 Mil. National Vision Holdings' overall GF Score™ is 74/100 with 3 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 National Vision Holdings (EYE), the current Total Inventories is $108 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 National Vision Holdings (EYE) Overvalued in 2026?

Based on GuruFocus' analysis, National Vision Holdings stock appears to be undervalued. The current stock price of $20.11 is trading 16.1% below its estimated GF Value™ of $23.96. GuruFocus considers National Vision Holdings to be Modestly Undervalued.

Key valuation signals for EYE:

  • Total Inventories: $108 Mil
  • GF Value™: $23.96 vs. price of $20.11 (16.1% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


National Vision Holdings Business Description

Other Exchanges 7NV:Germany
Address 2435 Commerce Avenue, Building 2200, Duluth, GA, USA, 30096
National Vision Holdings Inc. is an optical retailer in the United States. Its product portfolio includes eyeglasses, sunglasses, contact lenses, accessories, and other related products. The company operates through a single operating segment. The Owned and Host segment includes the company-owned brands America's Best and Eyeglass World. In America's Best stores, vision care services are provided by optometrists or by independent professional corporations. The Host segment consists of Military and Fred Meyer locations, where eye exams are provided by independent optometrists.
74GF Score

Get the complete analysis for EYE

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

$20.11
Price
$23.96
GF Value