FRD (Friedman Industries) Total Inventories: $172.2 Mil (As of Mar. 2026)


FRD Friedman Industries Inc FRD
71 GF Score
Price $33.33
GF Value $22.21
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Friedman Industries Total Inventories?

Friedman Industries FRD -1.22% 71 Total Inventories is $172.2 Mil as of Mar. 2026. GuruFocus rates FRD with a GF Score™ of 71/100 and a GF Value™ of $22.21 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Friedman Industries's total inventories for the quarter that ended in Mar. 2026 was $172.2 Mil. Friedman Industries's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $170.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Friedman Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-5.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Friedman Industries's Days Inventory for the three months ended in Mar. 2026 was 96.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Friedman Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.95.

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. Friedman Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.89.


Friedman Industries  (NAS:FRD) 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.

Friedman Industries'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)
=(2.45+0.75 * 80.174+0.5 * 172.223-185.316
-0-0)/7.112
=-5.15

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

Friedman Industries'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
=170.698/161.569*365 / 4
=96.41

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

Friedman Industries'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 )
=161.569 / 170.698
=0.95

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.

Friedman Industries'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 )
=170.698 / 191.779
=0.89

* 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.


Friedman Industries Total Inventories Related Terms


Friedman Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Friedman Industries'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.

Friedman Industries Total Inventories Chart

Friedman Industries 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 67.95 86.25 115.80 113.69 172.22

Friedman Industries 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 113.69 103.46 161.57 169.17 172.22
FRD
71GF Score
Friedman Industries Inc FRD
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Friedman Industries 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 $172.2 Mil mean?
Friedman Industries (FRD) has a Total Inventories of $172.2 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Friedman Industries and its competitors.
Is Friedman Industries' Total Inventories too high?
Friedman Industries' current Total Inventories is $172.2 Mil. Overall, Friedman Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Total Inventories compare to LUD and ZKIN?
Friedman Industries' Total Inventories of $172.2 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Inventories depends on the Steel 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 Friedman Industries and its competitors. Friedman Industries's current Total Inventories is $172.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.21, compared to a current price of $33.33 — trading 50.1% above its estimated fair value. The current Total Inventories is $172.2 Mil. Friedman Industries' overall GF Score™ is 71/100 with 7 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 Friedman Industries (FRD), the current Total Inventories is $172.2 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 Friedman Industries (FRD) Overvalued in 2026?

Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued. The current stock price of $33.33 is trading 50.1% above its estimated GF Value™ of $22.21. GuruFocus considers Friedman Industries to be Significantly Overvalued.

Key valuation signals for FRD:

  • Total Inventories: $172.2 Mil
  • GF Value™: $22.21 vs. price of $33.33 (50.1% above fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Friedman Industries Business Description

Other Exchanges X36:Germany
Address 1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
71GF Score

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

$33.33
Price
$22.21
GF Value