Mercedes-Benz Group AG (XTER:MBG) Total Inventories: €23,957 Mil (As of Mar. 2026)


XTER:MBG Mercedes-Benz Group AG XTER:MBG
69 GF Score
Price €45.24
GF Value €56.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Total Inventories?

Mercedes-Benz Group AG XTER:MBG -0.64% 69 Total Inventories is €23,957 Mil as of Mar. 2026. GuruFocus rates XTER:MBG with a GF Score™ of 69/100 and a GF Value™ of €56.16 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Mercedes-Benz Group AG's total inventories for the quarter that ended in Mar. 2026 was €23,957 Mil. Mercedes-Benz Group AG's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €23,787 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mercedes-Benz Group AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-107.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mercedes-Benz Group AG's Days Inventory for the three months ended in Mar. 2026 was 83.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mercedes-Benz Group AG's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.10.

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. Mercedes-Benz Group AG's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.75.


Mercedes-Benz Group AG  (XTER:MBG) 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.

Mercedes-Benz Group AG'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)
=(22828+0.75 * 36189+0.5 * 23957-163390
-0-1029)/949.232
=-107.95

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

Mercedes-Benz Group AG'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
=23786.5/26138*365 / 4
=83.04

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

Mercedes-Benz Group AG'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 )
=26138 / 23786.5
=1.10

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.

Mercedes-Benz Group AG'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 )
=23786.5 / 31602
=0.75

* 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.


Mercedes-Benz Group AG Total Inventories Related Terms


Mercedes-Benz Group AG Total Inventories Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Total Inventories Chart

Mercedes-Benz Group AG 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 21,286.00 25,458.00 26,129.00 25,900.00 23,616.00

Mercedes-Benz Group AG 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 26,386.00 25,834.00 26,010.00 23,616.00 23,957.00
XTER:MBG
69GF Score
Mercedes-Benz Group AG XTER:MBG
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG 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 €23,957 Mil mean?
Mercedes-Benz Group AG (XTER:MBG) has a Total Inventories of €23,957 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mercedes-Benz Group AG and its competitors.
Is Mercedes-Benz Group AG's Total Inventories too high?
Mercedes-Benz Group AG's current Total Inventories is €23,957 Mil. Overall, Mercedes-Benz Group AG has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Total Inventories compare to TSLA and GM?
Mercedes-Benz Group AG's Total Inventories of €23,957 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 Mercedes-Benz Group AG and its competitors. Mercedes-Benz Group AG's current Total Inventories is €23,957 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (XTER:MBG) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.16, compared to a current price of €45.24 — trading 19.4% below its estimated fair value. The current Total Inventories is €23,957 Mil. Mercedes-Benz Group AG's overall GF Score™ is 69/100 with 5 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 Mercedes-Benz Group AG (XTER:MBG), the current Total Inventories is €23,957 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 Mercedes-Benz Group AG (XTER:MBG) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of €45.24 is trading 19.4% below its estimated GF Value™ of €56.16. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for XTER:MBG:

  • Total Inventories: €23,957 Mil
  • GF Value™: €56.16 vs. price of €45.24 (19.4% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Mercedes-Benz Group AG Business Description

Address Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
69GF Score

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

€45.24
Price
€56.16
GF Value