Tractor Supply Co (LTS:0REL) Total Inventories: €3,100 Mil (As of Mar. 2026)


LTS:0REL Tractor Supply Co LTS:0REL
85 GF Score
Price €26.44
GF Value €49.76
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Tractor Supply Co Total Inventories?

Tractor Supply Co LTS:0REL -0.09% 85 Total Inventories is €3,100 Mil as of Mar. 2026. GuruFocus rates LTS:0REL with a GF Score™ of 85/100 and a GF Value™ of €49.76 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Tractor Supply Co's total inventories for the quarter that ended in Mar. 2026 was €3,100 Mil. Tractor Supply Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €2,867 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tractor Supply Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-11.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tractor Supply Co's Days Inventory for the three months ended in Mar. 2026 was 132.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tractor Supply Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.69.

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. Tractor Supply Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.92.


Tractor Supply Co  (LTS:0REL) 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.

Tractor Supply Co'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)
=(193.993+0.75 * 0+0.5 * 3099.815-7913.321
-0-0)/525.513
=-11.74

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

Tractor Supply Co'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
=2866.812/1981.595*365 / 4
=132.01

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

Tractor Supply Co'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 )
=1981.595 / 2866.812
=0.69

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.

Tractor Supply Co'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 )
=2866.812 / 3107.12
=0.92

* 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.


Tractor Supply Co Total Inventories Related Terms


Tractor Supply Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Tractor Supply Co'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.

Tractor Supply Co Total Inventories Chart

Tractor Supply Co 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 1,939.21 2,557.86 2,426.25 2,712.37 2,633.81

Tractor Supply Co 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 2,972.84 2,679.30 2,771.41 2,633.81 3,099.82
LTS:0REL
85GF Score
Tractor Supply Co LTS:0REL
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tractor Supply Co 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 €3,100 Mil mean?
Tractor Supply Co (LTS:0REL) has a Total Inventories of €3,100 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Tractor Supply Co and its competitors.
Is Tractor Supply Co's Total Inventories too high?
Tractor Supply Co's current Total Inventories is €3,100 Mil. Overall, Tractor Supply Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tractor Supply Co's Total Inventories compare to BBY and DKS?
Tractor Supply Co's Total Inventories of €3,100 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 Tractor Supply Co and its competitors. Tractor Supply Co's current Total Inventories is €3,100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tractor Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Tractor Supply Co (LTS:0REL) is currently considered Significantly Undervalued. The stock's GF Value™ is €49.76, compared to a current price of €26.44 — trading 46.9% below its estimated fair value. The current Total Inventories is €3,100 Mil. Tractor Supply Co's overall GF Score™ is 85/100 with 4 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 Tractor Supply Co (LTS:0REL), the current Total Inventories is €3,100 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 Tractor Supply Co (LTS:0REL) Overvalued in 2026?

Based on GuruFocus' analysis, Tractor Supply Co stock appears to be undervalued. The current stock price of €26.44 is trading 46.9% below its estimated GF Value™ of €49.76. GuruFocus considers Tractor Supply Co to be Significantly Undervalued.

Key valuation signals for LTS:0REL:

  • Total Inventories: €3,100 Mil
  • GF Value™: €49.76 vs. price of €26.44 (46.9% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the LTS:0REL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tractor Supply Co Business Description

Address 5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. As of March 2026, the company operated 2,435 of its namesake banners in 49 states, along with 206 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities rather than urban and suburban areas. In fiscal 2025, revenue consisted of livestock, equine & agriculture (around 27%); companion animal (24%); seasonal & recreation (around 24%); truck, tool, & hardware (15%); and clothing, gift, and décor (10%).
85GF Score

Get the complete analysis for LTS:0REL

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

€26.44
Price
€49.76
GF Value