Imperial Brands (XTER:ITB) Total Inventories: €5,281 Mil (As of Mar. 2026)


XTER:ITB Imperial Brands PLC XTER:ITB
71 GF Score
Price €32.37
GF Value €20.82
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Imperial Brands Total Inventories?

Imperial Brands XTER:ITB +0.81% 71 Total Inventories is €5,281 Mil as of Mar. 2026. GuruFocus rates XTER:ITB with a GF Score™ of 71/100 and a GF Value™ of €20.82 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Imperial Brands's total inventories for the quarter that ended in Mar. 2026 was €5,281 Mil. Imperial Brands's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Mar. 2026 was €5,212 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Imperial Brands's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-28.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Imperial Brands's Days Inventory for the six months ended in Mar. 2026 was 71.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Imperial Brands's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.56.

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. Imperial Brands's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.


Imperial Brands  (XTER:ITB) 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.

Imperial Brands'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)
=(573.207+0.75 * 3460+0.5 * 5281.113-27247.5
-0-660.86)/778.724
=-28.38

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

Imperial Brands's Days Inventory for the six 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
=5211.524/13323.306*365 / 2
=71.39

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

Imperial Brands'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 )
=13323.306 / 5211.524
=2.56

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.

Imperial Brands'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 )
=5211.524 / 16975.913
=0.31

* 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.


Imperial Brands Total Inventories Related Terms


Imperial Brands Total Inventories Historical Data

* Premium members only.

The historical data trend for Imperial Brands'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.

Imperial Brands Total Inventories Chart

Imperial Brands 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 4,476.51 4,735.45 5,243.95 4,862.54 5,141.94

Imperial Brands Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5,541.04 4,862.54 5,412.57 5,141.94 5,281.11
XTER:ITB
71GF Score
Imperial Brands PLC XTER:ITB
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Brands 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 €5,281 Mil mean?
Imperial Brands (XTER:ITB) has a Total Inventories of €5,281 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Imperial Brands and its competitors.
Is Imperial Brands' Total Inventories too high?
Imperial Brands' current Total Inventories is €5,281 Mil. Overall, Imperial Brands has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Total Inventories compare to PM and MO?
Imperial Brands' Total Inventories of €5,281 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Total Inventories depends on the Tobacco Products 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 Imperial Brands and its competitors. Imperial Brands's current Total Inventories is €5,281 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (XTER:ITB) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.82, compared to a current price of €32.37 — trading 55.5% above its estimated fair value. The current Total Inventories is €5,281 Mil. Imperial Brands' overall GF Score™ is 71/100 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 Imperial Brands (XTER:ITB), the current Total Inventories is €5,281 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 Imperial Brands (XTER:ITB) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued. The current stock price of €32.37 is trading 55.5% above its estimated GF Value™ of €20.82. GuruFocus considers Imperial Brands to be Significantly Overvalued.

Key valuation signals for XTER:ITB:

  • Total Inventories: €5,281 Mil
  • GF Value™: €20.82 vs. price of €32.37 (55.5% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Imperial Brands Business Description

Address 121 Winterstoke Road, Bristol, GBR, BS3 2LL
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
71GF Score

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

€32.37
Price
€20.82
GF Value