Marks & Spencer Group (FRA:MA6) Total Inventories: €1,132 Mil (As of Mar. 2026)


FRA:MA6 Marks & Spencer Group PLC FRA:MA6
84 GF Score
Price €4.24
GF Value €4.69
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Marks & Spencer Group Total Inventories?

Marks & Spencer Group FRA:MA6 +2.42% 84 Total Inventories is €1,132 Mil as of Mar. 2026. GuruFocus rates FRA:MA6 with a GF Score™ of 84/100 and a GF Value™ of €4.69 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Marks & Spencer Group's total inventories for the quarter that ended in Mar. 2026 was €1,132 Mil. Marks & Spencer Group's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Mar. 2026 was €1,252 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Marks & Spencer Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-3.05.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Marks & Spencer Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.00.

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. Marks & Spencer Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.12.


Marks & Spencer Group  (FRA:MA6) 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.

Marks & Spencer Group'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)
=(1158.177+0.75 * 215.212+0.5 * 1131.881-7948.658
-0-192.376)/2053.951
=-3.05

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

Marks & Spencer Group's Days Inventory for the six 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
=1252.3185/0*365 / 2
=

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

Marks & Spencer Group'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 )
=0 / 1252.3185
=0.00

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.

Marks & Spencer Group'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 )
=1252.3185 / 10762.099
=0.12

* 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.


Marks & Spencer Group Total Inventories Related Terms


Marks & Spencer Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Marks & Spencer Group'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.

Marks & Spencer Group Total Inventories Chart

Marks & Spencer Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 844.72 866.44 908.19 1,008.54 1,131.88

Marks & Spencer Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 908.19 1,167.84 1,008.54 1,372.76 1,131.88
FRA:MA6
84GF Score
Marks & Spencer Group PLC FRA:MA6
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Marks & Spencer Group 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 €1,132 Mil mean?
Marks & Spencer Group (FRA:MA6) has a Total Inventories of €1,132 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Marks & Spencer Group and its competitors.
Is Marks & Spencer Group's Total Inventories too high?
Marks & Spencer Group's current Total Inventories is €1,132 Mil. Overall, Marks & Spencer Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marks & Spencer Group's Total Inventories compare to DDS?
Marks & Spencer Group's Total Inventories of €1,132 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 Marks & Spencer Group and its competitors. Marks & Spencer Group's current Total Inventories is €1,132 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marks & Spencer Group stock overvalued right now?
Based on GuruFocus' analysis, Marks & Spencer Group (FRA:MA6) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.69, compared to a current price of €4.24 — trading 9.6% below its estimated fair value. The current Total Inventories is €1,132 Mil. Marks & Spencer Group's overall GF Score™ is 84/100 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 Marks & Spencer Group (FRA:MA6), the current Total Inventories is €1,132 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 Marks & Spencer Group (FRA:MA6) Overvalued in 2026?

Based on GuruFocus' analysis, Marks & Spencer Group stock appears to be undervalued. The current stock price of €4.24 is trading 9.6% below its estimated GF Value™ of €4.69. GuruFocus considers Marks & Spencer Group to be Modestly Undervalued.

Key valuation signals for FRA:MA6:

  • Total Inventories: €1,132 Mil
  • GF Value™: €4.69 vs. price of €4.24 (9.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the FRA:MA6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marks & Spencer Group Business Description

Address 35 North Wharf Road, Waterside House, London, GBR, W2 1NW
Marks & Spencer is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The majority of revenue stems from the firm's UK operations, selling its own-brand food, clothing, and home merchandise predominantly. The food segment includes value products (dairy, poultry, meat, fresh produce), ready-made meals, and healthy items. The clothing and home division sells women's wear, lingerie, men's wear, kids' wear, beauty, and home products. The remaining revenue comes from international sales, where M&S sells through a mix of its own stores, franchises, and online channels.In 2020, the firm entered into a joint venture, purchasing 50% of grocery e-commerce business Ocado Retail. Ocado is the exclusive online distributor of M&S food within the UK.
84GF Score

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

€4.24
Price
€4.69
GF Value