Terna SpA (MIL:TRN) Total Inventories: €0 Mil (As of Mar. 2026)


MIL:TRN Terna SpA MIL:TRN
84 GF Score
Price €10.22
GF Value €9.85
Valuation Fairly Valued
! 3 Warning Signs
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What is Terna SpA Total Inventories?

Terna SpA MIL:TRN +0.54% 84 Total Inventories is €0 Mil as of Mar. 2026. GuruFocus rates MIL:TRN with a GF Score™ of 84/100 and a GF Value™ of €9.85 (Fairly Valued). The stock has 3 warning signs investors should review.

Terna SpA's total inventories for the quarter that ended in Mar. 2026 was €0 Mil. Terna SpA's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €64 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Terna SpA's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-7.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Terna SpA's Days Inventory for the three months ended in Mar. 2026 was 58.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Terna SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.56.

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. Terna SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.


Terna SpA  (MIL:TRN) 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.

Terna SpA'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)
=(0+0.75 * 1060.1+0.5 * 0-15897
-0-20.2)/2005.697
=-7.54

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

Terna SpA'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
=63.85/99.3*365 / 4
=58.67

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

Terna SpA'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 )
=99.3 / 63.85
=1.56

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.

Terna SpA'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 )
=63.85 / 988.7
=0.06

* 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.


Terna SpA Total Inventories Related Terms


Terna SpA Total Inventories Historical Data

* Premium members only.

The historical data trend for Terna 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.

Terna SpA Total Inventories Chart

Terna SpA 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 69.90 83.00 75.00 108.20 127.70

Terna SpA 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 0.00 128.00 0.00 127.70 0.00
MIL:TRN
84GF Score
Terna SpA MIL:TRN
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Terna 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 €0 Mil mean?
Terna SpA (MIL:TRN) has a Total Inventories of €0 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Terna SpA and its competitors.
Is Terna SpA's Total Inventories too high?
Terna SpA's current Total Inventories is €0 Mil. Overall, Terna SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Total Inventories compare to NEE and SO?
Terna SpA's Total Inventories of €0 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Total Inventories depends on the Utilities - Regulated 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 Terna SpA and its competitors. Terna SpA's current Total Inventories is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (MIL:TRN) is currently considered Fairly Valued. The stock's GF Value™ is €9.85, compared to a current price of €10.22 — trading 3.8% above its estimated fair value. The current Total Inventories is €0 Mil. Terna SpA's overall GF Score™ is 84/100 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 Terna SpA (MIL:TRN), the current Total Inventories is €0 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 Terna SpA (MIL:TRN) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be overvalued. The current stock price of €10.22 is trading 3.8% above its estimated GF Value™ of €9.85. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for MIL:TRN:

  • Total Inventories: €0 Mil
  • GF Value™: €9.85 vs. price of €10.22 (3.8% above fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Terna SpA Business Description

Address Viale Egidio Galbani 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
84GF Score

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

€10.22
Price
€9.85
GF Value