Garmin's total inventories for the quarter that ended in Mar. 2026 was MXN33,366 Mil. Garmin's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was MXN32,638 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Garmin's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN247.76.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Garmin's Days Inventory for the
three
months ended in Mar. 2026 was 232.22.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Garmin's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.39.
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.
Garmin's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.03.
Garmin (MEX:GRMN N) 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.
Garmin's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
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.
Garmin's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Garmin Total Inventories Related Terms
Garmin Total Inventories Historical Data
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The historical data trend for Garmin'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.
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.
What does a Total Inventories of MXN33,366 Mil mean?
Garmin (MEX:GRMN N) has a Total Inventories of MXN33,366 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Garmin and its competitors.
Is Garmin's Total Inventories too high?
Garmin's current Total Inventories is MXN33,366 Mil. Overall, Garmin has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garmin's Total Inventories compare to KEYS and TDY?
Garmin's Total Inventories of MXN33,366 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 Garmin and its competitors. Garmin's current Total Inventories is MXN33,366 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garmin stock overvalued right now?
Based on GuruFocus' analysis, Garmin (MEX:GRMN N) is currently considered Fairly Valued. The stock's GF Value™ is MXN4,363.10, compared to a current price of MXN4,392.00 — trading 0.7% above its estimated fair value. The current Total Inventories is MXN33,366 Mil. Garmin's overall GF Score™ is 90/100 with 1 warning sign 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 Garmin (MEX:GRMN N), the current Total Inventories is MXN33,366 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 Garmin (MEX:GRMN N) Overvalued in 2026?
Based on GuruFocus' analysis, Garmin stock appears to be overvalued.
The current stock price of MXN4,392.00 is trading 0.7% above its estimated GF Value™ of MXN4,363.10.
GuruFocus considers Garmin to be Fairly Valued.
Key valuation signals for MEX:GRMN N:
Total Inventories: MXN33,366 Mil
GF Value™: MXN4,363.10 vs. price of MXN4,392.00 (0.7% above fair value)
No single metric tells the full story. See the MEX:GRMN N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garmin produces GPS-enabled hardware and software for five sectors: fitness, outdoors, automotive, aviation, and marine. Garmin has built a strong reputation for durable, high-precision devices through a vertically integrated design and manufacturing approach. The company's product lines include smartwatches, fitness trackers, communication equipment, and a comprehensive suite of systems for marine and aviation navigation. Garmin operates globally, with its business focused primarily on North America and Europe.
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