Apple (MEX:AAPL) Total Inventories: MXN121,667 Mil (As of Mar. 2026)


MEX:AAPL Apple Inc MEX:AAPL
87 GF Score
Price MXN5,198.76
GF Value MXN4,721.60
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Apple Total Inventories?

Apple MEX:AAPL +0.04% 87 Total Inventories is MXN121,667 Mil as of Mar. 2026. GuruFocus rates MEX:AAPL with a GF Score™ of 87/100 and a GF Value™ of MXN4,721.60 (Fairly Valued). The stock has 4 warning signs investors should review.

Apple's total inventories for the quarter that ended in Mar. 2026 was MXN121,667 Mil. Apple's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was MXN113,725 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Apple's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN-208.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apple's Days Inventory for the three months ended in Mar. 2026 was 10.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apple's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.94.

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. Apple's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.


Apple  (MEX:AAPL) 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.

Apple'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)
=(1235366.18+0.75 * 547094.086+0.5 * 121666.627-4771290.13
-0-0)/14667.688
=-208.95

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

Apple'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
=113725.0575/1017098.378*365 / 4
=10.20

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

Apple'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 )
=1017098.378 / 113725.0575
=8.94

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.

Apple'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 )
=113725.0575 / 2004947.718
=0.06

* 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.


Apple Total Inventories Related Terms


Apple Total Inventories Historical Data

* Premium members only.

The historical data trend for Apple'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.

Apple Total Inventories Chart

Apple Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135,297.96 99,488.79 110,279.04 143,463.53 104,892.14

Apple 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 128,252.46 111,563.01 104,892.14 105,783.49 121,666.63
MEX:AAPL
87GF Score
Apple Inc MEX:AAPL
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apple 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 MXN121,667 Mil mean?
Apple (MEX:AAPL) has a Total Inventories of MXN121,667 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Apple and its competitors.
Is Apple's Total Inventories too high?
Apple's current Total Inventories is MXN121,667 Mil. Overall, Apple has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apple's Total Inventories compare to SONO and VUZI?
Apple's Total Inventories of MXN121,667 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Apple and its competitors. Apple's current Total Inventories is MXN121,667 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (MEX:AAPL) is currently considered Fairly Valued. The stock's GF Value™ is MXN4,721.60, compared to a current price of MXN5,198.76 — trading 10.1% above its estimated fair value. The current Total Inventories is MXN121,667 Mil. Apple's overall GF Score™ is 87/100 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 Apple (MEX:AAPL), the current Total Inventories is MXN121,667 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 Apple (MEX:AAPL) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of MXN5,198.76 is trading 10.1% above its estimated GF Value™ of MXN4,721.60. GuruFocus considers Apple to be Fairly Valued.

Key valuation signals for MEX:AAPL:

  • Total Inventories: MXN121,667 Mil
  • GF Value™: MXN4,721.60 vs. price of MXN5,198.76 (10.1% above fair value)
  • GF Score™: 87/100 with 4 warning signs

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


Apple Business Description

Address One Apple Park Way, Cupertino, CA, USA, 95014
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone accounts for the majority of the firm's sales, and Apple's other products, such as the Mac, iPad, and Watch, are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
87GF Score

Get the complete analysis for MEX:AAPL

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

MXN5,198.76
Price
MXN4,721.60
GF Value