Mercer International (FRA:AEZ) Total Inventories: €317 Mil (As of Mar. 2026)


FRA:AEZ Mercer International Inc FRA:AEZ
38 GF Score
Price €0.60
GF Value €5.05
Valuation Possible Value Trap
! 6 Warning Signs
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What is Mercer International Total Inventories?

Mercer International FRA:AEZ -4.86% 38 Total Inventories is €317 Mil as of Mar. 2026. GuruFocus rates FRA:AEZ with a GF Score™ of 38/100 and a GF Value™ of €5.05 (Possible Value Trap). The stock has 6 warning signs investors should review.

Mercer International's total inventories for the quarter that ended in Mar. 2026 was €317 Mil. Mercer International's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €312 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mercer International's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-18.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mercer International's Days Inventory for the three months ended in Mar. 2026 was 66.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mercer International's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.37.

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. Mercer International's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.74.

Mercer International  (FRA:AEZ) 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.

Mercer International'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)
=(73.128+0.75 * 284.646+0.5 * 316.611-1703.509
-0-0)/66.983
=-18.79

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

Mercer International'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
=311.7695/427.008*365 / 4
=66.62

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

Mercer International'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 )
=427.008 / 311.7695
=1.37

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.

Mercer International'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 )
=311.7695 / 423.248
=0.74

* 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.

Mercer International Total Inventories Related Terms

Mercer International Total Inventories Historical Data

* Premium members only.

The historical data trend for Mercer International'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.

Mercer International Total Inventories Chart

Mercer International 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 315.71 425.24 379.79 345.41 306.93

Mercer International 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 351.16 360.19 327.73 306.93 316.61
FRA:AEZ
38GF Score
Mercer International Inc FRA:AEZ
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercer International 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 €317 Mil mean?
Mercer International (FRA:AEZ) has a Total Inventories of €317 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mercer International and its competitors.
Is Mercer International's Total Inventories too high?
Mercer International's current Total Inventories is €317 Mil. Overall, Mercer International has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mercer International's Total Inventories compare to ITP and CLW?
Mercer International's Total Inventories of €317 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Total Inventories depends on the Forest Products 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 Mercer International and its competitors. Mercer International's current Total Inventories is €317 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercer International stock overvalued right now?
Based on GuruFocus' analysis, Mercer International (FRA:AEZ) is currently considered Possible Value Trap. The stock's GF Value™ is €5.05, compared to a current price of €0.60 — trading 88.2% below its estimated fair value. The current Total Inventories is €317 Mil. Mercer International's overall GF Score™ is 38/100 with 6 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 Mercer International (FRA:AEZ), the current Total Inventories is €317 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 Mercer International (FRA:AEZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mercer International stock appears to be undervalued. The current stock price of €0.60 is trading 88.2% below its estimated GF Value™ of €5.05. GuruFocus considers Mercer International to be Possible Value Trap.

Key valuation signals for FRA:AEZ:

  • Total Inventories: €317 Mil
  • GF Value™: €5.05 vs. price of €0.60 (88.2% below fair value)
  • GF Score™: 38/100 with 6 warning signs

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

Mercer International Business Description

Other Exchanges MERC:USAAEZ:Germany
Address 700 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1G8
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. The pulp segment consists of the manufacture, sale, and distribution of pulp, electricity, and chemicals. The company has a geographical presence in the USA, Germany, China, and Other countries, where the maximum of revenue is generated from the China. The majority of the revenue is generated from the Pulp segment.
38GF Score

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

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