2 Cheap Cars Group (NZSE:2CC) Total Inventories: NZ$18.04 Mil (As of Mar. 2026)


NZSE:2CC 2 Cheap Cars Group Ltd NZSE:2CC
51 GF Score
Price NZ$0.66
GF Value NZ$0.71
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is 2 Cheap Cars Group Total Inventories?

2 Cheap Cars Group NZSE:2CC +1.54% 51 Total Inventories is NZ$18.04 Mil as of Mar. 2026. GuruFocus rates NZSE:2CC with a GF Score™ of 51/100 and a GF Value™ of NZ$0.71 (Fairly Valued). The stock has 4 warning signs investors should review.

2 Cheap Cars Group's total inventories for the quarter that ended in Mar. 2026 was NZ$18.04 Mil. 2 Cheap Cars Group's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Mar. 2026 was NZ$16.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. 2 Cheap Cars Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was NZ$-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 2 Cheap Cars Group's Days Inventory for the six months ended in Mar. 2026 was 90.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. 2 Cheap Cars Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.01.

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. 2 Cheap Cars Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.39.


2 Cheap Cars Group  (NZSE:2CC) 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.

2 Cheap Cars 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)
=(3.838+0.75 * 0.45+0.5 * 18.041-14.193
-0-0)/45.555
=-0.02

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

2 Cheap Cars Group's Days Inventory for the six 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
=16.0955/32.358*365 / 2
=90.78

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

2 Cheap Cars 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 )
=32.358 / 16.0955
=2.01

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.

2 Cheap Cars 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 )
=16.0955 / 41.51
=0.39

* 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.


2 Cheap Cars Group Total Inventories Related Terms


2 Cheap Cars Group Total Inventories Historical Data

* Premium members only.

The historical data trend for 2 Cheap Cars 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.

2 Cheap Cars Group Total Inventories Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial 13.01 8.38 13.87 14.93 18.04

2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.87 13.15 14.93 14.15 18.04
NZSE:2CC
51GF Score
2 Cheap Cars Group Ltd NZSE:2CC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

2 Cheap Cars 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 NZ$18.04 Mil mean?
2 Cheap Cars Group (NZSE:2CC) has a Total Inventories of NZ$18.04 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for 2 Cheap Cars Group and its competitors.
Is 2 Cheap Cars Group's Total Inventories too high?
2 Cheap Cars Group's current Total Inventories is NZ$18.04 Mil. Overall, 2 Cheap Cars Group has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Total Inventories compare to CVNA and PAG?
2 Cheap Cars Group's Total Inventories of NZ$18.04 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 2 Cheap Cars Group and its competitors. 2 Cheap Cars Group's current Total Inventories is NZ$18.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.66 — trading 7% below its estimated fair value. The current Total Inventories is NZ$18.04 Mil. 2 Cheap Cars Group's overall GF Score™ is 51/100 with 4 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 2 Cheap Cars Group (NZSE:2CC), the current Total Inventories is NZ$18.04 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 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?

Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be undervalued. The current stock price of NZ$0.66 is trading 7% below its estimated GF Value™ of NZ$0.71. GuruFocus considers 2 Cheap Cars Group to be Fairly Valued.

Key valuation signals for NZSE:2CC:

  • Total Inventories: NZ$18.04 Mil
  • GF Value™: NZ$0.71 vs. price of NZ$0.66 (7% below fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


2 Cheap Cars Group Business Description

Address 102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
51GF Score

Get the complete analysis for NZSE:2CC

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

NZ$0.66
Price
NZ$0.71
GF Value