PATK (Patrick Industries) Total Inventories: $626 Mil (As of Mar. 2026)


PATK Patrick Industries Inc PATK
71 GF Score
Price $92.68
GF Value $86.55
Valuation Fairly Valued
! 6 Warning Signs
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What is Patrick Industries Total Inventories?

Patrick Industries PATK +2.66% 71 Total Inventories is $626 Mil as of Mar. 2026. GuruFocus rates PATK with a GF Score™ of 71/100 and a GF Value™ of $86.55 (Fairly Valued). The stock has 6 warning signs investors should review.

Patrick Industries's total inventories for the quarter that ended in Mar. 2026 was $626 Mil. Patrick Industries's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $611 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Patrick Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-44.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Patrick Industries's Days Inventory for the three months ended in Mar. 2026 was 72.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Patrick Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.26.

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. Patrick Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.61.


Patrick Industries  (NAS:PATK) 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.

Patrick Industries'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)
=(37.472+0.75 * 285.379+0.5 * 626.069-2030.073
-0-0)/33.091
=-44.29

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

Patrick Industries'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
=610.667/770.312*365 / 4
=72.34

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

Patrick Industries'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 )
=770.312 / 610.667
=1.26

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.

Patrick Industries'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 )
=610.667 / 997.172
=0.61

* 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.


Patrick Industries Total Inventories Related Terms


Patrick Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Patrick Industries'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.

Patrick Industries Total Inventories Chart

Patrick Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 614.36 667.84 510.13 551.62 595.27

Patrick Industries 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 553.92 554.63 599.69 595.27 626.07
PATK
71GF Score
Patrick Industries Inc PATK
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Patrick Industries 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 $626 Mil mean?
Patrick Industries (PATK) has a Total Inventories of $626 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Patrick Industries and its competitors.
Is Patrick Industries' Total Inventories too high?
Patrick Industries' current Total Inventories is $626 Mil. Overall, Patrick Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patrick Industries' Total Inventories compare to LCII and HOG?
Patrick Industries' Total Inventories of $626 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 Patrick Industries and its competitors. Patrick Industries's current Total Inventories is $626 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrick Industries stock overvalued right now?
Based on GuruFocus' analysis, Patrick Industries (PATK) is currently considered Fairly Valued. The stock's GF Value™ is $86.55, compared to a current price of $92.68 — trading 7.1% above its estimated fair value. The current Total Inventories is $626 Mil. Patrick Industries' overall GF Score™ is 71/100 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 Patrick Industries (PATK), the current Total Inventories is $626 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 Patrick Industries (PATK) Overvalued in 2026?

Based on GuruFocus' analysis, Patrick Industries stock appears to be overvalued. The current stock price of $92.68 is trading 7.1% above its estimated GF Value™ of $86.55. GuruFocus considers Patrick Industries to be Fairly Valued.

Key valuation signals for PATK:

  • Total Inventories: $626 Mil
  • GF Value™: $86.55 vs. price of $92.68 (7.1% above fair value)
  • GF Score™: 71/100 with 6 warning signs

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


Patrick Industries Business Description

Other Exchanges PK2:Germany
Address 107 W. Franklin Street, Elkhart, IN, USA, 46516
Patrick Industries Inc is a component solutions provider for the recreational vehicle (RV), marine, powersports, manufactured housing (MH), and various industrial markets, including single and multi-family housing, hospitality, institutional, and commercial markets. The company operates within two reportable segments, Manufacturing and Distribution. The majority of its revenue is generated from the Manufacturing segment, which offers laminated products utilized to produce furniture, shelving, walls, and countertops; fabricated aluminum products; cabinet products, doors, components, and custom cabinetry; interior passage doors and baggage doors; RV and marine furniture, etc. Geographically, the company mainly operates in the United States, with a small presence in Mexico, China, and Canada.
71GF Score

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

$92.68
Price
$86.55
GF Value