Warehouse Group (The) (NZSE:WHS) Total Inventories: NZ$520 Mil (As of Jan. 2026)


NZSE:WHS Warehouse Group Ltd (The) NZSE:WHS
68 GF Score
Price NZ$0.59
GF Value NZ$1.08
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Warehouse Group (The) Total Inventories?

Warehouse Group (The) NZSE:WHS +0.86% 68 Total Inventories is NZ$520 Mil as of Jan. 2026. GuruFocus rates NZSE:WHS with a GF Score™ of 68/100 and a GF Value™ of NZ$1.08 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Warehouse Group (The)'s total inventories for the quarter that ended in Jan. 2026 was NZ$520 Mil. Warehouse Group (The)'s average total inventories from the quarter that ended in Jul. 2025 to the quarter that ended in Jan. 2026 was NZ$499 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Warehouse Group (The)'s Net-Net Working Capital per share for the quarter that ended in Jan. 2026 was NZ$-2.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Warehouse Group (The)'s Days Inventory for the six months ended in Jan. 2026 was 83.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Warehouse Group (The)'s Inventory Turnover for the quarter that ended in Jan. 2026 was 2.19.

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. Warehouse Group (The)'s Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.31.

Warehouse Group (The)  (NZSE:WHS) 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.

Warehouse Group (The)'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)
=(43.264+0.75 * 89.637+0.5 * 520.293-1311.8
-0-1.108)/346.843
=-2.72

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

Warehouse Group (The)'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
=498.5055/1091.607*365 / 2
=83.34

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

Warehouse Group (The)'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 )
=1091.607 / 498.5055
=2.19

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.

Warehouse Group (The)'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 )
=498.5055 / 1612.087
=0.31

* 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.

Warehouse Group (The) Total Inventories Related Terms

Warehouse Group (The) Total Inventories Historical Data

* Premium members only.

The historical data trend for Warehouse Group (The)'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.

Warehouse Group (The) Total Inventories Chart

Warehouse Group (The) 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 457.15 562.31 493.31 472.13 476.72

Warehouse Group (The) 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 492.68 472.13 533.29 476.72 520.29
NZSE:WHS
68GF Score
Warehouse Group Ltd (The) NZSE:WHS
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Warehouse Group (The) 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$520 Mil mean?
Warehouse Group (The) (NZSE:WHS) has a Total Inventories of NZ$520 Mil as of Jan. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Warehouse Group (The) and its competitors.
Is Warehouse Group (The)'s Total Inventories too high?
Warehouse Group (The)'s current Total Inventories is NZ$520 Mil. Overall, Warehouse Group (The) has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Warehouse Group (The)'s Total Inventories compare to DDS and M?
Warehouse Group (The)'s Total Inventories of NZ$520 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 Warehouse Group (The) and its competitors. Warehouse Group (The)'s current Total Inventories is NZ$520 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouse Group (The) stock overvalued right now?
Based on GuruFocus' analysis, Warehouse Group (The) (NZSE:WHS) is currently considered Significantly Undervalued. The stock's GF Value™ is NZ$1.08, compared to a current price of NZ$0.59 — trading 45.8% below its estimated fair value. The current Total Inventories is NZ$520 Mil. Warehouse Group (The)'s overall GF Score™ is 68/100 with 5 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 Warehouse Group (The) (NZSE:WHS), the current Total Inventories is NZ$520 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 Warehouse Group (The) (NZSE:WHS) Overvalued in 2026?

Based on GuruFocus' analysis, Warehouse Group (The) stock appears to be undervalued. The current stock price of NZ$0.59 is trading 45.8% below its estimated GF Value™ of NZ$1.08. GuruFocus considers Warehouse Group (The) to be Significantly Undervalued.

Key valuation signals for NZSE:WHS:

  • Total Inventories: NZ$520 Mil
  • GF Value™: NZ$1.08 vs. price of NZ$0.59 (45.8% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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

Warehouse Group (The) Business Description

Other Exchanges UXN:Germany
Address 26 The Warehouse Way, Northcote, Auckland, NTL, NZL, 0627
Warehouse Group Ltd (The), along with its subsidiaries, is engaged in the retail sector. The company has three retail brands trading in the New Zealand retail sector: The Warehouse, Warehouse Stationery, and TheMarket.com. It generates the maximum revenue from the Warehouse Segment.
68GF Score

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

NZ$0.59
Price
NZ$1.08
GF Value