GM Leather SpA (MIL:GML) Total Inventories: €26.86 Mil (As of Dec. 2025)


MIL:GML GM Leather SpA MIL:GML
63 GF Score
Price €0.69
GF Value €1.20
Valuation Possible Value Trap
! 9 Warning Signs
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What is GM Leather SpA Total Inventories?

GM Leather SpA MIL:GML 63 Total Inventories is €26.86 Mil as of Dec. 2025. GuruFocus rates MIL:GML with a GF Score™ of 63/100 and a GF Value™ of €1.20 (Possible Value Trap). The stock has 9 warning signs investors should review.

GM Leather SpA's total inventories for the quarter that ended in Dec. 2025 was €26.86 Mil. GM Leather SpA's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was €26.83 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GM Leather SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-1.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GM Leather SpA's Days Inventory for the six months ended in Dec. 2025 was 245.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. GM Leather SpA's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.74.

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. GM Leather SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.39.


GM Leather SpA  (MIL:GML) 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.

GM Leather SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.187+0.75 * 13.856+0.5 * 26.858-42.221
-0-0.012)/11.811
=-1.54

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

GM Leather SpA's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=26.8255/19.908*365 / 2
=245.91

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

GM Leather SpA's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=19.908 / 26.8255
=0.74

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.

GM Leather SpA's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=26.8255 / 19.249
=1.39

* 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.


GM Leather SpA Total Inventories Related Terms


GM Leather SpA Total Inventories Historical Data

* Premium members only.

The historical data trend for GM Leather SpA'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.

GM Leather SpA Total Inventories Chart

GM Leather SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial 12.07 10.81 24.28 28.91 26.86

GM Leather SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.28 27.86 28.91 26.79 26.86
MIL:GML
63GF Score
GM Leather SpA MIL:GML
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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GM Leather SpA 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 €26.86 Mil mean?
GM Leather SpA (MIL:GML) has a Total Inventories of €26.86 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for GM Leather SpA and its competitors.
Is GM Leather SpA's Total Inventories too high?
GM Leather SpA's current Total Inventories is €26.86 Mil. Overall, GM Leather SpA has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's Total Inventories compare to AIN?
GM Leather SpA's Total Inventories of €26.86 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Total Inventories depends on the Manufacturing - Apparel & Accessories 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 GM Leather SpA and its competitors. GM Leather SpA's current Total Inventories is €26.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.20, compared to a current price of €0.69 — trading 42.9% below its estimated fair value. The current Total Inventories is €26.86 Mil. GM Leather SpA's overall GF Score™ is 63/100 with 9 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 GM Leather SpA (MIL:GML), the current Total Inventories is €26.86 Mil as of Dec. 2025. 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 GM Leather SpA (MIL:GML) Overvalued in 2026?

Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued. The current stock price of €0.69 is trading 42.9% below its estimated GF Value™ of €1.20. GuruFocus considers GM Leather SpA to be Possible Value Trap.

Key valuation signals for MIL:GML:

  • Total Inventories: €26.86 Mil
  • GF Value™: €1.20 vs. price of €0.69 (42.9% below fair value)
  • GF Score™: 63/100 with 9 warning signs

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


GM Leather SpA Business Description

Address Via Olimpica 11, Arzignano, ITA, 36071
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
63GF Score

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

€0.69
Price
€1.20
GF Value