Next (NXGPF) Total Inventories: $1,285 Mil (As of Jan. 2026)


NXGPF Next PLC NXGPF
86 GF Score
Price $190.69
GF Value $173.79
Valuation Fairly Valued
! 2 Warning Signs
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What is Next Total Inventories?

Next NXGPF +3.17% 86 Total Inventories is $1,285 Mil as of Jan. 2026. GuruFocus rates NXGPF with a GF Score™ of 86/100 and a GF Value™ of $173.79 (Fairly Valued). The stock has 2 warning signs investors should review.

Next's total inventories for the quarter that ended in Jan. 2026 was $1,285 Mil. Next's average total inventories from the quarter that ended in Jul. 2025 to the quarter that ended in Jan. 2026 was $1,337 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Next's Net-Net Working Capital per share for the quarter that ended in Jan. 2026 was $-17.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next's Days Inventory for the six months ended in Jan. 2026 was 86.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next's Inventory Turnover for the quarter that ended in Jan. 2026 was 2.11.

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. Next's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.26.


Next  (OTCPK:NXGPF) 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.

Next's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2026 is

Net-Net Working Capital Per Share (Q: Jan. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(130.176+0.75 * 2040.46+0.5 * 1284.844-4241.949
-0-159.675)/116.932
=-17.95

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

Next's Days Inventory for the six months ended in Jan. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2026 )/Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=1337.294/2821.516*365 / 2
=86.50

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

Next's Inventory Turnover for the quarter that ended in Jan. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2026 ) / Average Total Inventories (Q: Jan. 2026 )
=2821.516 / 1337.294
=2.11

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.

Next's Inventory to Revenue for the quarter that ended in Jan. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=1337.294 / 5083.627
=0.26

* 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.


Next Total Inventories Related Terms


Next Total Inventories Historical Data

* Premium members only.

The historical data trend for Next'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.

Next Total Inventories Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 857.72 810.53 977.13 1,069.47 1,284.84

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 977.13 1,161.52 1,069.47 1,389.74 1,284.84
NXGPF
86GF Score
Next PLC NXGPF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Next 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 $1,285 Mil mean?
Next (NXGPF) has a Total Inventories of $1,285 Mil as of Jan. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Next and its competitors.
Is Next's Total Inventories too high?
Next's current Total Inventories is $1,285 Mil. Overall, Next has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Next's Total Inventories compare to TJX and ROST?
Next's Total Inventories of $1,285 Mil can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Total Inventories depends on the Retail - Cyclical 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 Next and its competitors. Next's current Total Inventories is $1,285 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Fairly Valued. The stock's GF Value™ is $173.79, compared to a current price of $190.69 — trading 9.7% above its estimated fair value. The current Total Inventories is $1,285 Mil. Next's overall GF Score™ is 86/100 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 Next (NXGPF), the current Total Inventories is $1,285 Mil as of Jan. 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 Next (NXGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Next stock appears to be overvalued. The current stock price of $190.69 is trading 9.7% above its estimated GF Value™ of $173.79. GuruFocus considers Next to be Fairly Valued.

Key valuation signals for NXGPF:

  • Total Inventories: $1,285 Mil
  • GF Value™: $173.79 vs. price of $190.69 (9.7% above fair value)
  • GF Score™: 86/100 with 2 warning signs

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


Next Business Description

Address Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
86GF Score

Get the complete analysis for NXGPF

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

$190.69
Price
$173.79
GF Value