Align Technology (XTER:AFW) Total Inventories: €186 Mil (As of Mar. 2026)


XTER:AFW Align Technology Inc XTER:AFW
89 GF Score
Price €149.05
GF Value €212.06
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Align Technology Total Inventories?

Align Technology XTER:AFW 89 Total Inventories is €186 Mil as of Mar. 2026. GuruFocus rates XTER:AFW with a GF Score™ of 89/100 and a GF Value™ of €212.06 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Align Technology's total inventories for the quarter that ended in Mar. 2026 was €186 Mil. Align Technology's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €190 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Align Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-1.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Align Technology's Days Inventory for the three months ended in Mar. 2026 was 65.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Align Technology's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.38.

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. Align Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.21.


Align Technology  (XTER:AFW) 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.

Align Technology'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)
=(916.756+0.75 * 973.224+0.5 * 185.927-1872.512
-0-0)/71.617
=-1.86

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

Align Technology'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
=189.612/262.527*365 / 4
=65.91

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

Align Technology'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 )
=262.527 / 189.612
=1.38

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.

Align Technology'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 )
=189.612 / 899.675
=0.21

* 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.


Align Technology Total Inventories Related Terms


Align Technology Total Inventories Historical Data

* Premium members only.

The historical data trend for Align Technology'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.

Align Technology Total Inventories Chart

Align Technology 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 203.75 319.78 272.26 242.84 193.30

Align Technology 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 228.07 211.33 194.39 193.30 185.93
XTER:AFW
89GF Score
Align Technology Inc XTER:AFW
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Align Technology 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 €186 Mil mean?
Align Technology (XTER:AFW) has a Total Inventories of €186 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Align Technology and its competitors.
Is Align Technology's Total Inventories too high?
Align Technology's current Total Inventories is €186 Mil. Overall, Align Technology has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Align Technology's Total Inventories compare to SOLV and COO?
Align Technology's Total Inventories of €186 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 Align Technology and its competitors. Align Technology's current Total Inventories is €186 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Align Technology stock overvalued right now?
Based on GuruFocus' analysis, Align Technology (XTER:AFW) is currently considered Significantly Undervalued. The stock's GF Value™ is €212.06, compared to a current price of €149.05 — trading 29.7% below its estimated fair value. The current Total Inventories is €186 Mil. Align Technology's overall GF Score™ is 89/100 with 3 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 Align Technology (XTER:AFW), the current Total Inventories is €186 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 Align Technology (XTER:AFW) Overvalued in 2026?

Based on GuruFocus' analysis, Align Technology stock appears to be undervalued. The current stock price of €149.05 is trading 29.7% below its estimated GF Value™ of €212.06. GuruFocus considers Align Technology to be Significantly Undervalued.

Key valuation signals for XTER:AFW:

  • Total Inventories: €186 Mil
  • GF Value™: €212.06 vs. price of €149.05 (29.7% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Align Technology Business Description

Address 410 North Scottsdale Road, Suite 1300, Tempe, AZ, USA, 85288
Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food and Drug Administration in 1998 and has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients' teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans, and iTero scans make up over half of these scans.
89GF Score

Get the complete analysis for XTER:AFW

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

€149.05
Price
€212.06
GF Value