WMG (Warner Music Group) Total Inventories: $65 Mil (As of Mar. 2026)


WMG Warner Music Group Corp WMG
79 GF Score
Price $26.93
GF Value $35.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Warner Music Group Total Inventories?

Warner Music Group WMG +0.04% 79 Total Inventories is $65 Mil as of Mar. 2026. GuruFocus rates WMG with a GF Score™ of 79/100 and a GF Value™ of $35.06 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Warner Music Group's total inventories for the quarter that ended in Mar. 2026 was $65 Mil. Warner Music Group's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $63 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Warner Music Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-15.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Warner Music Group's Days Inventory for the three months ended in Mar. 2026 was 6.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Warner Music Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 14.88.

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. Warner Music Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.


Warner Music Group  (NAS:WMG) 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.

Warner Music Group'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)
=(741+0.75 * 1505+0.5 * 65-9640
-0-234)/521.615
=-15.28

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

Warner Music Group'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
=62.5/930*365 / 4
=6.13

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

Warner Music Group'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 )
=930 / 62.5
=14.88

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.

Warner Music Group'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 )
=62.5 / 1732
=0.04

* 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.


Warner Music Group Total Inventories Related Terms


Warner Music Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Warner Music Group'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.

Warner Music Group Total Inventories Chart

Warner Music Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.00 108.00 126.00 99.00 62.00

Warner Music Group 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 88.00 101.00 62.00 60.00 65.00
WMG
79GF Score
Warner Music Group Corp WMG
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Warner Music Group 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 $65 Mil mean?
Warner Music Group (WMG) has a Total Inventories of $65 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Warner Music Group and its competitors.
Is Warner Music Group's Total Inventories too high?
Warner Music Group's current Total Inventories is $65 Mil. Overall, Warner Music Group has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Warner Music Group's Total Inventories compare to TKO and NWSA?
Warner Music Group's Total Inventories of $65 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Total Inventories depends on the Media - Diversified 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 Warner Music Group and its competitors. Warner Music Group's current Total Inventories is $65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Music Group stock overvalued right now?
Based on GuruFocus' analysis, Warner Music Group (WMG) is currently considered Modestly Undervalued. The stock's GF Value™ is $35.06, compared to a current price of $26.93 — trading 23.2% below its estimated fair value. The current Total Inventories is $65 Mil. Warner Music Group's overall GF Score™ is 79/100 with 2 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 Warner Music Group (WMG), the current Total Inventories is $65 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 Warner Music Group (WMG) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Music Group stock appears to be undervalued. The current stock price of $26.93 is trading 23.2% below its estimated GF Value™ of $35.06. GuruFocus considers Warner Music Group to be Modestly Undervalued.

Key valuation signals for WMG:

  • Total Inventories: $65 Mil
  • GF Value™: $35.06 vs. price of $26.93 (23.2% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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


Warner Music Group Business Description

Address 1633 Broadway, New York, NY, USA, 10019
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
79GF Score

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

$26.93
Price
$35.06
GF Value