Fonterra Co-operative Group (NZSE:FCG) Total Inventories: NZ$6,682 Mil (As of Jan. 2026)


NZSE:FCG Fonterra Co-operative Group Ltd NZSE:FCG
65 GF Score
Price NZ$4.21
GF Value NZ$2.96
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fonterra Co-operative Group Total Inventories?

Fonterra Co-operative Group NZSE:FCG -1.17% 65 Total Inventories is NZ$6,682 Mil as of Jan. 2026. GuruFocus rates NZSE:FCG with a GF Score™ of 65/100 and a GF Value™ of NZ$2.96 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Fonterra Co-operative Group's total inventories for the quarter that ended in Jan. 2026 was NZ$6,682 Mil. Fonterra Co-operative Group's average total inventories from the quarter that ended in Jul. 2025 to the quarter that ended in Jan. 2026 was NZ$5,443 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fonterra Co-operative Group's Net-Net Working Capital per share for the quarter that ended in Jan. 2026 was NZ$-3.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fonterra Co-operative Group's Days Inventory for the six months ended in Jan. 2026 was 93.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fonterra Co-operative Group's Inventory Turnover for the quarter that ended in Jan. 2026 was 1.94.

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. Fonterra Co-operative Group's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.44.


Fonterra Co-operative Group  (NZSE:FCG) 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.

Fonterra Co-operative Group'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)
=(117+0.75 * 1912+0.5 * 6682-12297
-0-80)/2406.286
=-3.11

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

Fonterra Co-operative Group'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
=5443/10580*365 / 2
=93.89

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

Fonterra Co-operative Group'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 )
=10580 / 5443
=1.94

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.

Fonterra Co-operative Group'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 )
=5443 / 12464
=0.44

* 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.


Fonterra Co-operative Group Total Inventories Related Terms


Fonterra Co-operative Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Fonterra Co-operative 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.

Fonterra Co-operative Group Total Inventories Chart

Fonterra Co-operative Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,766.00 5,148.00 4,306.00 4,405.00 4,204.00

Fonterra Co-operative Group 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 6,499.00 4,405.00 7,990.00 4,204.00 6,682.00
NZSE:FCG
65GF Score
Fonterra Co-operative Group Ltd NZSE:FCG
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Fonterra Co-operative 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$6,682 Mil mean?
Fonterra Co-operative Group (NZSE:FCG) has a Total Inventories of NZ$6,682 Mil as of Jan. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Fonterra Co-operative Group and its competitors.
Is Fonterra Co-operative Group's Total Inventories too high?
Fonterra Co-operative Group's current Total Inventories is NZ$6,682 Mil. Overall, Fonterra Co-operative Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fonterra Co-operative Group's Total Inventories compare to KHC and GIS?
Fonterra Co-operative Group's Total Inventories of NZ$6,682 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods 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 Fonterra Co-operative Group and its competitors. Fonterra Co-operative Group's current Total Inventories is NZ$6,682 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonterra Co-operative Group stock overvalued right now?
Based on GuruFocus' analysis, Fonterra Co-operative Group (NZSE:FCG) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$2.96, compared to a current price of NZ$4.21 — trading 42.2% above its estimated fair value. The current Total Inventories is NZ$6,682 Mil. Fonterra Co-operative Group's overall GF Score™ is 65/100 with 6 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 Fonterra Co-operative Group (NZSE:FCG), the current Total Inventories is NZ$6,682 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 Fonterra Co-operative Group (NZSE:FCG) Overvalued in 2026?

Based on GuruFocus' analysis, Fonterra Co-operative Group stock appears to be overvalued. The current stock price of NZ$4.21 is trading 42.2% above its estimated GF Value™ of NZ$2.96. GuruFocus considers Fonterra Co-operative Group to be Significantly Overvalued.

Key valuation signals for NZSE:FCG:

  • Total Inventories: NZ$6,682 Mil
  • GF Value™: NZ$2.96 vs. price of NZ$4.21 (42.2% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Fonterra Co-operative Group Business Description

Address 109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.
65GF Score

Get the complete analysis for NZSE:FCG

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

NZ$4.21
Price
NZ$2.96
GF Value