Baxter International (WBO:BAX) Total Inventories: €2,003 Mil (As of Mar. 2026)


WBO:BAX Baxter International Inc WBO:BAX
56 GF Score
Price €18.38
GF Value €28.97
Valuation Possible Value Trap
! 6 Warning Signs
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What is Baxter International Total Inventories?

Baxter International WBO:BAX +4.49% 56 Total Inventories is €2,003 Mil as of Mar. 2026. GuruFocus rates WBO:BAX with a GF Score™ of 56/100 and a GF Value™ of €28.97 (Possible Value Trap). The stock has 6 warning signs investors should review.

Baxter International's total inventories for the quarter that ended in Mar. 2026 was €2,003 Mil. Baxter International's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €1,955 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Baxter International's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-15.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Baxter International's Days Inventory for the three months ended in Mar. 2026 was 113.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Baxter International's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.80.

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. Baxter International's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.84.


Baxter International  (WBO:BAX) 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.

Baxter International'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)
=(1744.705+0.75 * 1468.77+0.5 * 2003.34-11962.95
-0--23.355)/516.447
=-15.67

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

Baxter International'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
=1954.734/1565.65*365 / 4
=113.93

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

Baxter International'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 )
=1565.65 / 1954.734
=0.80

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.

Baxter International'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 )
=1954.734 / 2336.365
=0.84

* 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.


Baxter International Total Inventories Related Terms


Baxter International Total Inventories Historical Data

* Premium members only.

The historical data trend for Baxter International'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.

Baxter International Total Inventories Chart

Baxter International 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 2,170.91 2,528.98 1,758.81 1,953.93 1,906.13

Baxter International 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 2,007.25 2,066.93 2,095.92 1,906.13 2,003.34
WBO:BAX
56GF Score
Baxter International Inc WBO:BAX
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Baxter International 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 €2,003 Mil mean?
Baxter International (WBO:BAX) has a Total Inventories of €2,003 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Baxter International and its competitors.
Is Baxter International's Total Inventories too high?
Baxter International's current Total Inventories is €2,003 Mil. Overall, Baxter International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Baxter International's Total Inventories compare to COO and ATR?
Baxter International's Total Inventories of €2,003 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 Baxter International and its competitors. Baxter International's current Total Inventories is €2,003 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baxter International stock overvalued right now?
Based on GuruFocus' analysis, Baxter International (WBO:BAX) is currently considered Possible Value Trap. The stock's GF Value™ is €28.97, compared to a current price of €18.38 — trading 36.6% below its estimated fair value. The current Total Inventories is €2,003 Mil. Baxter International's overall GF Score™ is 56/100 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 Baxter International (WBO:BAX), the current Total Inventories is €2,003 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 Baxter International (WBO:BAX) Overvalued in 2026?

Based on GuruFocus' analysis, Baxter International stock appears to be undervalued. The current stock price of €18.38 is trading 36.6% below its estimated GF Value™ of €28.97. GuruFocus considers Baxter International to be Possible Value Trap.

Key valuation signals for WBO:BAX:

  • Total Inventories: €2,003 Mil
  • GF Value™: €28.97 vs. price of €18.38 (36.6% below fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Baxter International Business Description

Address One Baxter Parkway, Deerfield, IL, USA, 60015
Baxter offers a variety of medical supplies and equipment to providers. From its legacy operations, Baxter sells injectable therapies for use in care settings, including IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents. Baxter expanded its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment like hospital beds, operating room equipment, and patient monitoring tools to the portfolio. Baxter also sold its kidney care tools in early 2025.
56GF Score

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

€18.38
Price
€28.97
GF Value