TNON (Tenon Medical) Total Inventories: $0.78 Mil (As of Jun. 2026)

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TNON Tenon Medical Inc TNON
42 GF Score
Price $11.36
GF Value $0.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tenon Medical Total Inventories?

Tenon Medical TNON +110.13% 42 Total Inventories is $0.78 Mil as of Jun. 2026. GuruFocus rates TNON with a GF Score™ of 42/100 and a GF Value™ of $0.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Tenon Medical's total inventories for the quarter that ended in Jun. 2026 was $0.78 Mil. Tenon Medical's average total inventories from the quarter that ended in Mar. 2026 to the quarter that ended in Jun. 2026 was $0.79 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tenon Medical's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-22.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tenon Medical's Days Inventory for the three months ended in Jun. 2026 was 155.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tenon Medical's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.59.

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. Tenon Medical's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.62.


Tenon Medical  (NAS:TNON) 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.

Tenon Medical's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is

Net-Net Working Capital Per Share (Q: Jun. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.677+0.75 * 1.947+0.5 * 0.783-11.665
-3.074-0)/0.496
=-22.60

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

Tenon Medical's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=0.7945/0.465*365 / 4
=155.91

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

Tenon Medical's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2026 ) / Average Total Inventories (Q: Jun. 2026 )
=0.465 / 0.7945
=0.59

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.

Tenon Medical's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=0.7945 / 1.279
=0.62

* 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.


Tenon Medical Total Inventories Related Terms


Tenon Medical Total Inventories Historical Data

* Premium members only.

The historical data trend for Tenon Medical'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.

Tenon Medical Total Inventories Chart

Tenon Medical Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial 0.19 0.42 0.55 0.61 1.05

Tenon Medical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.69 1.36 1.05 0.81 0.78
TNON
42GF Score
Tenon Medical Inc TNON
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenon Medical 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 $0.78 Mil mean?
Tenon Medical (TNON) has a Total Inventories of $0.78 Mil as of Jun. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Tenon Medical and its competitors.
Is Tenon Medical's Total Inventories too high?
Tenon Medical's current Total Inventories is $0.78 Mil. Overall, Tenon Medical has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenon Medical's Total Inventories compare to LUDG and POAS?
Tenon Medical's Total Inventories of $0.78 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Total Inventories depends on the Medical Devices & Instruments 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 Tenon Medical and its competitors. Tenon Medical's current Total Inventories is $0.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenon Medical stock overvalued right now?
Based on GuruFocus' analysis, Tenon Medical (TNON) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.38, compared to a current price of $11.36 — trading 2889.5% above its estimated fair value. The current Total Inventories is $0.78 Mil. Tenon Medical's overall GF Score™ is 42/100 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 Tenon Medical (TNON), the current Total Inventories is $0.78 Mil as of Jun. 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 Tenon Medical (TNON) Overvalued in 2026?

Based on GuruFocus' analysis, Tenon Medical stock appears to be overvalued. The current stock price of $11.36 is trading 2889.5% above its estimated GF Value™ of $0.38. GuruFocus considers Tenon Medical to be Significantly Overvalued.

Key valuation signals for TNON:

  • Total Inventories: $0.78 Mil
  • GF Value™: $0.38 vs. price of $11.36 (2889.5% above fair value)
  • GF Score™: 42/100 with 6 warning signs

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


Tenon Medical Business Description

Address 104 Cooper Court, Los Gatos, CA, USA, 95032
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
42GF Score

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

$11.36
Price
$0.38
GF Value