MHGU (Meritage Hospitality Group) Total Inventories: $4.3 Mil (As of Mar. 2026)


MHGU Meritage Hospitality Group Inc MHGU
45 GF Score
Price $2.98
GF Value $17.12
Valuation Possible Value Trap
! 8 Warning Signs
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What is Meritage Hospitality Group Total Inventories?

Meritage Hospitality Group MHGU +0.90% 45 Total Inventories is $4.3 Mil as of Mar. 2026. GuruFocus rates MHGU with a GF Score™ of 45/100 and a GF Value™ of $17.12 (Possible Value Trap). The stock has 8 warning signs investors should review.

Meritage Hospitality Group's total inventories for the quarter that ended in Mar. 2026 was $4.3 Mil. Meritage Hospitality Group's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $4.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Meritage Hospitality Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-96.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meritage Hospitality Group's Days Inventory for the three months ended in Mar. 2026 was 5.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meritage Hospitality Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 17.41.

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. Meritage Hospitality Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.


Meritage Hospitality Group  (OTCPK:MHGU) 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.

Meritage Hospitality Group'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)
=(19.252+0.75 * 11.035+0.5 * 4.293-671.812
-0.015-1.202)/6.674
=-96.40

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

Meritage Hospitality Group'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
=4.6775/81.43*365 / 4
=5.24

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

Meritage Hospitality Group'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 )
=81.43 / 4.6775
=17.41

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.

Meritage Hospitality Group'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 )
=4.6775 / 132.573
=0.04

* 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.


Meritage Hospitality Group Total Inventories Related Terms


Meritage Hospitality Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Meritage Hospitality Group'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.

Meritage Hospitality Group Total Inventories Chart

Meritage Hospitality Group 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 4.41 4.75 5.19 5.30 5.06

Meritage Hospitality Group 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 4.59 4.88 5.17 5.06 4.29
MHGU
45GF Score
Meritage Hospitality Group Inc MHGU
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Meritage Hospitality Group 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 $4.3 Mil mean?
Meritage Hospitality Group (MHGU) has a Total Inventories of $4.3 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Meritage Hospitality Group and its competitors.
Is Meritage Hospitality Group's Total Inventories too high?
Meritage Hospitality Group's current Total Inventories is $4.3 Mil. Overall, Meritage Hospitality Group has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meritage Hospitality Group's Total Inventories compare to PETZ and GTIM?
Meritage Hospitality Group's Total Inventories of $4.3 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Total Inventories depends on the Restaurants 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 Meritage Hospitality Group and its competitors. Meritage Hospitality Group's current Total Inventories is $4.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meritage Hospitality Group stock overvalued right now?
Based on GuruFocus' analysis, Meritage Hospitality Group (MHGU) is currently considered Possible Value Trap. The stock's GF Value™ is $17.12, compared to a current price of $2.98 — trading 82.6% below its estimated fair value. The current Total Inventories is $4.3 Mil. Meritage Hospitality Group's overall GF Score™ is 45/100 with 8 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 Meritage Hospitality Group (MHGU), the current Total Inventories is $4.3 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 Meritage Hospitality Group (MHGU) Overvalued in 2026?

Based on GuruFocus' analysis, Meritage Hospitality Group stock appears to be undervalued. The current stock price of $2.98 is trading 82.6% below its estimated GF Value™ of $17.12. GuruFocus considers Meritage Hospitality Group to be Possible Value Trap.

Key valuation signals for MHGU:

  • Total Inventories: $4.3 Mil
  • GF Value™: $17.12 vs. price of $2.98 (82.6% below fair value)
  • GF Score™: 45/100 with 8 warning signs

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


Meritage Hospitality Group Business Description

Other Exchanges MHGUP.PFD:USA
Address 45 Ottawa Avenue SW, Suite 600, Grand Rapids, MI, USA, 49503
Meritage Hospitality Group Inc is engaged in operating quick-service and casual dining restaurants across various states in the United States. It operates Wendy's quick-service restaurants across various states under franchise agreements with its franchisor. It also operates independent restaurants under three concepts throughout Michigan, which include Morning Belle restaurants, Stan's Tacos restaurant, and Blue Porch Bar & Grill restaurant. It is focused on the future development and long-term growth of its Morning Belle brand.
45GF Score

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$2.98
Price
$17.12
GF Value