NGVC (Natural Grocers by Vitamin Cottage) Total Inventories: $130 Mil (As of Mar. 2026)


NGVC Natural Grocers by Vitamin Cottage Inc NGVC
84 GF Score
Price $32.69
GF Value $27.27
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage Total Inventories?

Natural Grocers by Vitamin Cottage NGVC +1.62% 84 Total Inventories is $130 Mil as of Mar. 2026. GuruFocus rates NGVC with a GF Score™ of 84/100 and a GF Value™ of $27.27 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Natural Grocers by Vitamin Cottage's total inventories for the quarter that ended in Mar. 2026 was $130 Mil. Natural Grocers by Vitamin Cottage's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $129 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Natural Grocers by Vitamin Cottage's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-15.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Natural Grocers by Vitamin Cottage's Days Inventory for the three months ended in Mar. 2026 was 50.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Natural Grocers by Vitamin Cottage's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.82.

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. Natural Grocers by Vitamin Cottage's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.38.


Natural Grocers by Vitamin Cottage  (NYSE:NGVC) 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.

Natural Grocers by Vitamin Cottage'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)
=(20.723+0.75 * 13.095+0.5 * 129.686-453.806
-0-0)/23.041
=-15.56

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

Natural Grocers by Vitamin Cottage'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
=128.786/234.933*365 / 4
=50.02

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

Natural Grocers by Vitamin Cottage'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 )
=234.933 / 128.786
=1.82

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.

Natural Grocers by Vitamin Cottage'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 )
=128.786 / 337.376
=0.38

* 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.


Natural Grocers by Vitamin Cottage Total Inventories Related Terms


Natural Grocers by Vitamin Cottage Total Inventories Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage'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.

Natural Grocers by Vitamin Cottage Total Inventories Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.55 113.76 119.26 120.67 132.97

Natural Grocers by Vitamin Cottage 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 124.77 124.63 132.97 127.89 129.69
NGVC
84GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage 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 $130 Mil mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Total Inventories of $130 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Natural Grocers by Vitamin Cottage and its competitors.
Is Natural Grocers by Vitamin Cottage's Total Inventories too high?
Natural Grocers by Vitamin Cottage's current Total Inventories is $130 Mil. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Total Inventories compare to VLGEA and YSWY?
Natural Grocers by Vitamin Cottage's Total Inventories of $130 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Total Inventories depends on the Retail - Defensive 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 Natural Grocers by Vitamin Cottage and its competitors. Natural Grocers by Vitamin Cottage's current Total Inventories is $130 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.27, compared to a current price of $32.69 — trading 19.9% above its estimated fair value. The current Total Inventories is $130 Mil. Natural Grocers by Vitamin Cottage's overall GF Score™ is 84/100 with 2 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 Natural Grocers by Vitamin Cottage (NGVC), the current Total Inventories is $130 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 Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued. The current stock price of $32.69 is trading 19.9% above its estimated GF Value™ of $27.27. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • Total Inventories: $130 Mil
  • GF Value™: $27.27 vs. price of $32.69 (19.9% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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


Natural Grocers by Vitamin Cottage Business Description

Other Exchanges N2V:Germany
Address 12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories: natural and organic food, dietary supplements, natural body care, household, pet care products, books, and handouts. The Company has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
84GF Score

Get the complete analysis for NGVC

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

$32.69
Price
$27.27
GF Value