Applied Materials (XTER:AP2) Total Inventories: €5,423 Mil (As of Apr. 2026)


XTER:AP2 Applied Materials Inc XTER:AP2
81 GF Score
Price €516.10
GF Value €190.67
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Applied Materials Total Inventories?

Applied Materials XTER:AP2 +1.00% 81 Total Inventories is €5,423 Mil as of Apr. 2026. GuruFocus rates XTER:AP2 with a GF Score™ of 81/100 and a GF Value™ of €190.67 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Applied Materials's total inventories for the quarter that ended in Apr. 2026 was €5,423 Mil. Applied Materials's average total inventories from the quarter that ended in Jan. 2026 to the quarter that ended in Apr. 2026 was €5,263 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Applied Materials's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was €-0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Applied Materials's Days Inventory for the three months ended in Apr. 2026 was 141.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Applied Materials's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.64.

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. Applied Materials's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.78.


Applied Materials  (XTER:AP2) 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.

Applied Materials's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2026 is

Net-Net Working Capital Per Share (Q: Apr. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7046.055+0.75 * 5448.06+0.5 * 5423.265-14002.335
-0-0)/793.959
=-0.20

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

Applied Materials's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=5263.356/3388.365*365 / 4
=141.74

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

Applied Materials's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2026 ) / Average Total Inventories (Q: Apr. 2026 )
=3388.365 / 5263.356
=0.64

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.

Applied Materials's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=5263.356 / 6763.05
=0.78

* 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.


Applied Materials Total Inventories Related Terms


Applied Materials Total Inventories Historical Data

* Premium members only.

The historical data trend for Applied Materials'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.

Applied Materials Total Inventories Chart

Applied Materials Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,714.36 6,020.98 5,421.58 4,976.48 5,080.99

Applied Materials Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 5,033.84 4,976.60 5,080.99 5,103.45 5,423.27
XTER:AP2
81GF Score
Applied Materials Inc XTER:AP2
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Applied Materials 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 €5,423 Mil mean?
Applied Materials (XTER:AP2) has a Total Inventories of €5,423 Mil as of Apr. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Applied Materials and its competitors.
Is Applied Materials' Total Inventories too high?
Applied Materials' current Total Inventories is €5,423 Mil. Overall, Applied Materials has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Total Inventories compare to LRCX and KLAC?
Applied Materials' Total Inventories of €5,423 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Total Inventories depends on the Semiconductors 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 Applied Materials and its competitors. Applied Materials's current Total Inventories is €5,423 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XTER:AP2) is currently considered Significantly Overvalued. The stock's GF Value™ is €190.67, compared to a current price of €516.10 — trading 170.7% above its estimated fair value. The current Total Inventories is €5,423 Mil. Applied Materials' 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 Applied Materials (XTER:AP2), the current Total Inventories is €5,423 Mil as of Apr. 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 Applied Materials (XTER:AP2) Overvalued in 2026?

Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued. The current stock price of €516.10 is trading 170.7% above its estimated GF Value™ of €190.67. GuruFocus considers Applied Materials to be Significantly Overvalued.

Key valuation signals for XTER:AP2:

  • Total Inventories: €5,423 Mil
  • GF Value™: €190.67 vs. price of €516.10 (170.7% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the XTER:AP2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Applied Materials Business Description

Address 3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
81GF Score

Get the complete analysis for XTER:AP2

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

€516.10
Price
€190.67
GF Value