Associated British Foods (LSE:ABF) Total Inventories: £3,420 Mil (As of Feb. 2026)


LSE:ABF Associated British Foods PLC LSE:ABF
83 GF Score
Price £19.57
GF Value £22.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Associated British Foods Total Inventories?

Associated British Foods LSE:ABF +3.82% 83 Total Inventories is £3,420 Mil as of Feb. 2026. GuruFocus rates LSE:ABF with a GF Score™ of 83/100 and a GF Value™ of £22.57 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Associated British Foods's total inventories for the quarter that ended in Feb. 2026 was £3,420 Mil. Associated British Foods's average total inventories from the quarter that ended in Aug. 2025 to the quarter that ended in Feb. 2026 was £3,355 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Associated British Foods's Net-Net Working Capital per share for the quarter that ended in Feb. 2026 was £-6.33.

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. Associated British Foods's Inventory Turnover for the quarter that ended in Feb. 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. Associated British Foods's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.35.


Associated British Foods  (LSE:ABF) 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.

Associated British Foods's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2026 is

Net-Net Working Capital Per Share (Q: Feb. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(712+0.75 * 1706+0.5 * 3420-8008
-0-158)/705.394
=-6.33

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

Associated British Foods's Days Inventory for the six months ended in Feb. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=3354.5/0*365 / 2
=

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

Associated British Foods's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2026 ) / Average Total Inventories (Q: Feb. 2026 )
=0 / 3354.5
=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.

Associated British Foods's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=3354.5 / 9470
=0.35

* 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.


Associated British Foods Total Inventories Related Terms


Associated British Foods Total Inventories Historical Data

* Premium members only.

The historical data trend for Associated British Foods'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.

Associated British Foods Total Inventories Chart

Associated British Foods Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,236.00 3,364.00 3,306.00 3,036.00 3,289.00

Associated British Foods Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 3,248.00 3,036.00 3,321.00 3,289.00 3,420.00
LSE:ABF
83GF Score
Associated British Foods PLC LSE:ABF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated British Foods 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 £3,420 Mil mean?
Associated British Foods (LSE:ABF) has a Total Inventories of £3,420 Mil as of Feb. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Associated British Foods and its competitors.
Is Associated British Foods' Total Inventories too high?
Associated British Foods' current Total Inventories is £3,420 Mil. Overall, Associated British Foods has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' Total Inventories compare to KHC and GIS?
Associated British Foods' Total Inventories of £3,420 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods 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 Associated British Foods and its competitors. Associated British Foods's current Total Inventories is £3,420 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (LSE:ABF) is currently considered Modestly Undervalued. The stock's GF Value™ is £22.57, compared to a current price of £19.57 — trading 13.3% below its estimated fair value. The current Total Inventories is £3,420 Mil. Associated British Foods' overall GF Score™ is 83/100 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 Associated British Foods (LSE:ABF), the current Total Inventories is £3,420 Mil as of Feb. 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 Associated British Foods (LSE:ABF) Overvalued in 2026?

Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued. The current stock price of £19.57 is trading 13.3% below its estimated GF Value™ of £22.57. GuruFocus considers Associated British Foods to be Modestly Undervalued.

Key valuation signals for LSE:ABF:

  • Total Inventories: £3,420 Mil
  • GF Value™: £22.57 vs. price of £19.57 (13.3% below fair value)
  • GF Score™: 83/100 with 2 warning signs

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


Associated British Foods Business Description

Address 10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
83GF Score

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

£19.57
Price
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GF Value