International Business Machines's total inventories for the quarter that ended in Mar. 2026 was €1,277 Mil. International Business Machines's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €1,159 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. International Business Machines's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-97.43.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
International Business Machines's Days Inventory for the
three
months ended in Mar. 2026 was 17.55.
Inventory Turnover measures how fast the company turns over its inventory within a year.
International Business Machines's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.20.
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.
International Business Machines's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.08.
International Business Machines (XTER:IBM) 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.
International Business Machines's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
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.
International Business Machines's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
International Business Machines Total Inventories Related Terms
International Business Machines Total Inventories Historical Data
* 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.
International Business Machines Total Inventories Chart
International Business Machines 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.
International Business Machines (XTER:IBM) has a Total Inventories of €1,277 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for International Business Machines and its competitors.
Is International Business Machines' Total Inventories too high?
International Business Machines' current Total Inventories is €1,277 Mil. Overall, International Business Machines has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' Total Inventories compare to ACN and FISV?
International Business Machines' Total Inventories of €1,277 Mil can be compared against companies in the Software 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 Software company?
A good Total Inventories depends on the Software 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 International Business Machines and its competitors. International Business Machines's current Total Inventories is €1,277 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
Based on GuruFocus' analysis, International Business Machines (XTER:IBM) is currently considered Modestly Overvalued. The stock's GF Value™ is €209.60, compared to a current price of €232.50 — trading 10.9% above its estimated fair value. The current Total Inventories is €1,277 Mil. International Business Machines' overall GF Score™ is 69/100 with 1 warning sign 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 International Business Machines (XTER:IBM), the current Total Inventories is €1,277 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 International Business Machines (XTER:IBM) Overvalued in 2026?
Based on GuruFocus' analysis, International Business Machines stock appears to be overvalued.
The current stock price of €232.50 is trading 10.9% above its estimated GF Value™ of €209.60.
GuruFocus considers International Business Machines to be Modestly Overvalued.
Key valuation signals for XTER:IBM:
Total Inventories: €1,277 Mil
GF Value™: €209.60 vs. price of €232.50 (10.9% above fair value)
No single metric tells the full story. See the XTER:IBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Business Machines Business Description
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
69GF Score
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