AutoZone (MEX:AZO) Total Inventories: MXN131,148 Mil (As of May. 2026)


MEX:AZO AutoZone Inc MEX:AZO
91 GF Score
Price MXN53,230.00
GF Value MXN62,981.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is AutoZone Total Inventories?

AutoZone MEX:AZO 91 Total Inventories is MXN131,148 Mil as of May. 2026. GuruFocus rates MEX:AZO with a GF Score™ of 91/100 and a GF Value™ of MXN62,981.09 (Modestly Undervalued). The stock has 3 warning signs investors should review.

AutoZone's total inventories for the quarter that ended in May. 2026 was MXN131,148 Mil. AutoZone's average total inventories from the quarter that ended in Feb. 2026 to the quarter that ended in May. 2026 was MXN130,014 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AutoZone's Net-Net Working Capital per share for the quarter that ended in May. 2026 was MXN-20,902.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AutoZone's Days Inventory for the three months ended in May. 2026 was 295.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. AutoZone's Inventory Turnover for the quarter that ended in May. 2026 was 0.31.

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. AutoZone's Inventory-to-Revenue for the quarter that ended in May. 2026 was 1.55.


AutoZone  (MEX:AZO) 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.

AutoZone's Net-Net Working Capital Per Share for the quarter that ended in May. 2026 is

Net-Net Working Capital Per Share (Q: May. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4402.147+0.75 * 0+0.5 * 131148.11-411207.87
-0-0)/16.325
=-20,902.40

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

AutoZone's Days Inventory for the three months ended in May. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2026 )/Cost of Goods Sold (Q: May. 2026 )*Days in Period
=130014.276/40188.66*365 / 4
=295.20

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

AutoZone's Inventory Turnover for the quarter that ended in May. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2026 ) / Average Total Inventories (Q: May. 2026 )
=40188.66 / 130014.276
=0.31

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.

AutoZone's Inventory to Revenue for the quarter that ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2026 ) / Revenue (Q: May. 2026 )
=130014.276 / 83989.514
=1.55

* 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.


AutoZone Total Inventories Related Terms


AutoZone Total Inventories Historical Data

* Premium members only.

The historical data trend for AutoZone'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.

AutoZone Total Inventories Chart

AutoZone 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 93,139.61 113,244.95 97,304.50 121,414.81 132,507.93

AutoZone Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 132,569.32 132,507.93 130,886.11 128,880.44 131,148.11
MEX:AZO
91GF Score
AutoZone Inc MEX:AZO
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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AutoZone 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 MXN131,148 Mil mean?
AutoZone (MEX:AZO) has a Total Inventories of MXN131,148 Mil as of May. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for AutoZone and its competitors.
Is AutoZone's Total Inventories too high?
AutoZone's current Total Inventories is MXN131,148 Mil. Overall, AutoZone has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AutoZone's Total Inventories compare to ORLY and BWA?
AutoZone's Total Inventories of MXN131,148 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 AutoZone and its competitors. AutoZone's current Total Inventories is MXN131,148 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AutoZone stock overvalued right now?
Based on GuruFocus' analysis, AutoZone (MEX:AZO) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN62,981.09, compared to a current price of MXN53,230.00 — trading 15.5% below its estimated fair value. The current Total Inventories is MXN131,148 Mil. AutoZone's overall GF Score™ is 91/100 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 AutoZone (MEX:AZO), the current Total Inventories is MXN131,148 Mil as of May. 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 AutoZone (MEX:AZO) Overvalued in 2026?

Based on GuruFocus' analysis, AutoZone stock appears to be undervalued. The current stock price of MXN53,230.00 is trading 15.5% below its estimated GF Value™ of MXN62,981.09. GuruFocus considers AutoZone to be Modestly Undervalued.

Key valuation signals for MEX:AZO:

  • Total Inventories: MXN131,148 Mil
  • GF Value™: MXN62,981.09 vs. price of MXN53,230.00 (15.5% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


AutoZone Business Description

Address 123 South Front Street, Memphis, TN, USA, 38103
Founded in 1979, AutoZone is the largest US-based retailer of aftermarket automotive parts and accessories, operating over 7,600 stores and generating roughly $18.9 billion in fiscal 2025 sales. Beyond its primary home market (88% of total revenue), the company also maintains a growing presence in Mexico and Brazil. AutoZone caters to two core customer segments: do-it-yourself, which account for about 69% of its domestic sales, and commercial do-it-for-me customers, which represent the remaining 31%.
91GF Score

Get the complete analysis for MEX:AZO

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

MXN53,230.00
Price
MXN62,981.09
GF Value