Reliance Industries (LUX:RELIN) Total Inventories: $17,986 Mil (As of Mar. 2026)


LUX:RELIN Reliance Industries Ltd LUX:RELIN
91 GF Score
Price $76.40
GF Value $91.67
! 2 Warning Signs
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What is Reliance Industries Total Inventories?

Reliance Industries LUX:RELIN 91 Total Inventories is $17,986 Mil as of Mar. 2026. GuruFocus rates LUX:RELIN with a GF Score™ of 91/100 and a GF Value™ of $91.67. The stock has 2 warning signs investors should review.

Reliance Industries's total inventories for the quarter that ended in Mar. 2026 was $17,986 Mil. Reliance Industries's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $8,993 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Reliance Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-27.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reliance Industries's Days Inventory for the three months ended in Mar. 2026 was 35.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliance Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.59.

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. Reliance Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.28.


Reliance Industries  (LUX:RELIN) 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.

Reliance 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)
=(29866.125+0.75 * 6301.674+0.5 * 17985.805-117678.86
-0-19590.554)/3383.118
=-27.69

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

Reliance 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
=8992.9025/23255.138*365 / 4
=35.29

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

Reliance 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 )
=23255.138 / 8992.9025
=2.59

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.

Reliance 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 )
=8992.9025 / 31681.179
=0.28

* 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.


Reliance Industries Total Inventories Related Terms


Reliance Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Reliance 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.

Reliance Industries Total Inventories Chart

Reliance 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 14,146.03 17,018.84 18,401.28 16,881.60 17,985.81

Reliance 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 16,881.60 0.00 18,286.40 0.00 17,985.81
LUX:RELIN
91GF Score
Reliance Industries Ltd LUX:RELIN
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance 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 $17,986 Mil mean?
Reliance Industries (LUX:RELIN) has a Total Inventories of $17,986 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Reliance Industries and its competitors.
Is Reliance Industries' Total Inventories too high?
Reliance Industries' current Total Inventories is $17,986 Mil. Overall, Reliance Industries has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' Total Inventories compare to VLO and MPC?
Reliance Industries' Total Inventories of $17,986 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas 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 Reliance Industries and its competitors. Reliance Industries's current Total Inventories is $17,986 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Industries stock overvalued right now?
Reliance Industries (LUX:RELIN) has a current Total Inventories of $17,986 Mil. The stock's GF Value™ is $91.67, compared to a current price of $76.40 — trading 16.7% below its estimated fair value. The current Total Inventories is $17,986 Mil. Reliance Industries' overall GF Score™ is 91/100 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 Reliance Industries (LUX:RELIN), the current Total Inventories is $17,986 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 Reliance Industries (LUX:RELIN) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued. The current stock price of $76.40 is trading 16.7% below its estimated GF Value™ of $91.67.

Key valuation signals for LUX:RELIN:

  • Total Inventories: $17,986 Mil
  • GF Value™: $91.67 vs. price of $76.40 (16.7% below fair value)
  • GF Score™: 91/100 with 2 warning signs

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


Reliance Industries Business Description

Industry EnergyOil & Gas
Address 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The company has five principal operating and reporting segments: Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services, and other services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment, which derives the majority of revenue, includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.
91GF Score

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

$76.40
Price
$91.67
GF Value