KSPI (Kaspi.kz JSC) Total Inventories: $221 Mil (As of Mar. 2026)


KSPI Kaspi.kz JSC KSPI
81 GF Score
Price $87.68
GF Value $201.25
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Kaspi.kz JSC Total Inventories?

Kaspi.kz JSC KSPI +1.14% 81 Total Inventories is $221 Mil as of Mar. 2026. GuruFocus rates KSPI with a GF Score™ of 81/100 and a GF Value™ of $201.25 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Kaspi.kz JSC's total inventories for the quarter that ended in Mar. 2026 was $221 Mil. Kaspi.kz JSC's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $235 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kaspi.kz JSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-69.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kaspi.kz JSC's Days Inventory for the three months ended in Mar. 2026 was 17.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaspi.kz JSC's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.23.

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. Kaspi.kz JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.10.


Kaspi.kz JSC  (NAS:KSPI) 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.

Kaspi.kz JSC'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)
=(4132.767+0.75 * 0+0.5 * 220.988-17351.47
-0-189.586)/190.027
=-69.98

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

Kaspi.kz JSC'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
=235.1135/1228.799*365 / 4
=17.46

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

Kaspi.kz JSC'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 )
=1228.799 / 235.1135
=5.23

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.

Kaspi.kz JSC'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 )
=235.1135 / 2250.428
=0.10

* 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.


Kaspi.kz JSC Total Inventories Related Terms


Kaspi.kz JSC Total Inventories Historical Data

* Premium members only.

The historical data trend for Kaspi.kz JSC'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.

Kaspi.kz JSC Total Inventories Chart

Kaspi.kz JSC 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 0.00 4.86 31.17 31.37 249.24

Kaspi.kz JSC 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 223.35 215.50 260.44 249.24 220.99
KSPI
81GF Score
Kaspi.kz JSC KSPI
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaspi.kz JSC 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 $221 Mil mean?
Kaspi.kz JSC (KSPI) has a Total Inventories of $221 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Kaspi.kz JSC and its competitors.
Is Kaspi.kz JSC's Total Inventories too high?
Kaspi.kz JSC's current Total Inventories is $221 Mil. Overall, Kaspi.kz JSC has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaspi.kz JSC's Total Inventories compare to MSFT and ORCL?
Kaspi.kz JSC's Total Inventories of $221 Mil can be compared against companies in the Software 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 Software company?
A good Total Inventories depends on the Software 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 Kaspi.kz JSC and its competitors. Kaspi.kz JSC's current Total Inventories is $221 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaspi.kz JSC stock overvalued right now?
Based on GuruFocus' analysis, Kaspi.kz JSC (KSPI) is currently considered Significantly Undervalued. The stock's GF Value™ is $201.25, compared to a current price of $87.68 — trading 56.4% below its estimated fair value. The current Total Inventories is $221 Mil. Kaspi.kz JSC's overall GF Score™ is 81/100 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 Kaspi.kz JSC (KSPI), the current Total Inventories is $221 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 Kaspi.kz JSC (KSPI) Overvalued in 2026?

Based on GuruFocus' analysis, Kaspi.kz JSC stock appears to be undervalued. The current stock price of $87.68 is trading 56.4% below its estimated GF Value™ of $201.25. GuruFocus considers Kaspi.kz JSC to be Significantly Undervalued.

Key valuation signals for KSPI:

  • Total Inventories: $221 Mil
  • GF Value™: $201.25 vs. price of $87.68 (56.4% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Kaspi.kz JSC Business Description

Address 154A Nauryzbai Batyr Street, Almaty, KAZ, 050013
Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform, which derives maximum revenue, connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.
81GF Score

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

$87.68
Price
$201.25
GF Value