Ingredion (MEX:INGR) Total Inventories: MXN21,333 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:INGR Ingredion Inc MEX:INGR
79 GF Score
Price MXN2,345.00
GF Value MXN2,706.90
! 1 Warning Sign
View Full Analysis

What is Ingredion Total Inventories?

Ingredion MEX:INGR 79 Total Inventories is MXN21,333 Mil as of Mar. 2026. GuruFocus rates MEX:INGR with a GF Score™ of 79/100 and a GF Value™ of MXN2,706.90. The stock has 1 warning sign investors should review.

Ingredion's total inventories for the quarter that ended in Mar. 2026 was MXN21,333 Mil. Ingredion's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was MXN21,713 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ingredion's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN-314.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ingredion's Days Inventory for the three months ended in Mar. 2026 was 78.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ingredion's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.16.

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. Ingredion's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.67.


Ingredion  (MEX:INGR) 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.

Ingredion'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)
=(16554.019+0.75 * 21513.011+0.5 * 21332.684-62789.861
-0-396.719)/63.054
=-314.52

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

Ingredion'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
=21712.839/25083.485*365 / 4
=78.99

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

Ingredion'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 )
=25083.485 / 21712.839
=1.16

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.

Ingredion'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 )
=21712.839 / 32314.598
=0.67

* 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.


Ingredion Total Inventories Related Terms


Ingredion Total Inventories Historical Data

* Premium members only.

The historical data trend for Ingredion'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.

Ingredion Total Inventories Chart

Ingredion 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 24,042.41 31,135.11 24,612.66 24,755.72 22,092.99

Ingredion 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 23,977.01 23,028.11 22,471.65 22,092.99 21,332.68
MEX:INGR
79GF Score
Ingredion Inc MEX:INGR
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingredion 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 MXN21,333 Mil mean?
Ingredion (MEX:INGR) has a Total Inventories of MXN21,333 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ingredion and its competitors.
Is Ingredion's Total Inventories too high?
Ingredion's current Total Inventories is MXN21,333 Mil. Overall, Ingredion has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ingredion's Total Inventories compare to LW and CAG?
Ingredion's Total Inventories of MXN21,333 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods 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 Ingredion and its competitors. Ingredion's current Total Inventories is MXN21,333 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingredion stock overvalued right now?
Ingredion (MEX:INGR) has a current Total Inventories of MXN21,333 Mil. The stock's GF Value™ is MXN2,706.90, compared to a current price of MXN2,345.00 — trading 13.4% below its estimated fair value. The current Total Inventories is MXN21,333 Mil. Ingredion's overall GF Score™ is 79/100 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 Ingredion (MEX:INGR), the current Total Inventories is MXN21,333 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 Ingredion (MEX:INGR) Overvalued in 2026?

Based on GuruFocus' analysis, Ingredion stock appears to be undervalued. The current stock price of MXN2,345.00 is trading 13.4% below its estimated GF Value™ of MXN2,706.90.

Key valuation signals for MEX:INGR:

  • Total Inventories: MXN21,333 Mil
  • GF Value™: MXN2,706.90 vs. price of MXN2,345.00 (13.4% below fair value)
  • GF Score™: 79/100 with 1 warning sign

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


Ingredion Business Description

Address 5 Westbrook Corporate Center, Westchester, IL, USA, 60154
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company sells specialty ingredients that include starch-based texturizers and natural alternative sweeteners such as stevia. Ingredion also sells commodity ingredients that include sweeteners, such as high-fructose corn syrup, and starches, such as those used for sustainable packaging, as well as plant-based proteins. The company plans to acquire Tate & Lyle in an all-cash deal that should close in 2027.
79GF Score

Get the complete analysis for MEX:INGR

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

MXN2,345.00
Price
MXN2,706.90
GF Value