Howmet Aerospace (WBO:HWM) Total Inventories: €1,708 Mil (As of Mar. 2026)


WBO:HWM Howmet Aerospace Inc WBO:HWM
81 GF Score
Price €244.60
GF Value €123.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Howmet Aerospace Total Inventories?

Howmet Aerospace WBO:HWM +0.91% 81 Total Inventories is €1,708 Mil as of Mar. 2026. GuruFocus rates WBO:HWM with a GF Score™ of 81/100 and a GF Value™ of €123.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Howmet Aerospace's total inventories for the quarter that ended in Mar. 2026 was €1,708 Mil. Howmet Aerospace's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €1,644 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Howmet Aerospace's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-7.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Howmet Aerospace's Days Inventory for the three months ended in Mar. 2026 was 118.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Howmet Aerospace's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.77.

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. Howmet Aerospace's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.82.


Howmet Aerospace  (WBO:HWM) 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.

Howmet Aerospace'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)
=(2106.275+0.75 * 813.1+0.5 * 1708.375-6526.425
-0-0)/400.714
=-7.38

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

Howmet Aerospace'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
=1643.7105/1262.035*365 / 4
=118.85

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

Howmet Aerospace'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 )
=1262.035 / 1643.7105
=0.77

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.

Howmet Aerospace'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 )
=1643.7105 / 2000.745
=0.82

* 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.


Howmet Aerospace Total Inventories Related Terms


Howmet Aerospace Total Inventories Historical Data

* Premium members only.

The historical data trend for Howmet Aerospace'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.

Howmet Aerospace Total Inventories Chart

Howmet Aerospace 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 1,240.77 1,518.90 1,618.51 1,757.20 1,579.05

Howmet Aerospace 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 1,759.35 1,702.79 1,682.70 1,579.05 1,708.38
WBO:HWM
81GF Score
Howmet Aerospace Inc WBO:HWM
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Howmet Aerospace 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 €1,708 Mil mean?
Howmet Aerospace (WBO:HWM) has a Total Inventories of €1,708 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Howmet Aerospace and its competitors.
Is Howmet Aerospace's Total Inventories too high?
Howmet Aerospace's current Total Inventories is €1,708 Mil. Overall, Howmet Aerospace has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's Total Inventories compare to GD and LMT?
Howmet Aerospace's Total Inventories of €1,708 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Total Inventories depends on the Aerospace & Defense 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 Howmet Aerospace and its competitors. Howmet Aerospace's current Total Inventories is €1,708 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howmet Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Howmet Aerospace (WBO:HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is €123.38, compared to a current price of €244.60 — trading 98.2% above its estimated fair value. The current Total Inventories is €1,708 Mil. Howmet Aerospace's overall GF Score™ is 81/100 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 Howmet Aerospace (WBO:HWM), the current Total Inventories is €1,708 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 Howmet Aerospace (WBO:HWM) Overvalued in 2026?

Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued. The current stock price of €244.60 is trading 98.2% above its estimated GF Value™ of €123.38. GuruFocus considers Howmet Aerospace to be Significantly Overvalued.

Key valuation signals for WBO:HWM:

  • Total Inventories: €1,708 Mil
  • GF Value™: €123.38 vs. price of €244.60 (98.2% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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


Howmet Aerospace Business Description

Address 201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries. The company's products and solutions include investment castings for jet engines and industrial gas turbines; seamless rolled rings for jet engines; fastening systems for aerospace, industrial and commercial transportation applications; forged jet engine components (e.g., jet engine disks); machined and forged aircraft parts; and forged aluminum commercial vehicle wheels, all of which are sold directly to customers or through distributors. It has four reportable segments: Engine Products, which derives key revenue, Fastening Systems, Engineered Structures, and Forged Wheels. Geographically, the company derives maximum revenue from the USA, followed by France, Japan, Germany, and other markets.
81GF Score

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

€244.60
Price
€123.38
GF Value