Qorvo (LTS:0KSJ) Inventories, Work In Process: $265 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0KSJ Qorvo Inc LTS:0KSJ
75 GF Score
Price $82.68
GF Value $92.27
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Qorvo Inventories, Work In Process?

Qorvo LTS:0KSJ -0.04% 75 Inventories, Work In Process is $265 Mil as of Mar. 2026. GuruFocus rates LTS:0KSJ with a GF Score™ of 75/100 and a GF Value™ of $92.27 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Qorvo's work in process for the quarter that ended in Mar. 2026 was $265 Mil.

Qorvo Inventories, Work In Process Historical Data

* Premium members only.

The historical data trend for Qorvo's Inventories, Work In Process 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.

Qorvo Inventories, Work In Process Chart

Qorvo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 357.33 345.55 347.18 322.81 265.25

Qorvo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process 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 322.81 334.26 300.49 261.36 265.25
LTS:0KSJ
75GF Score
Qorvo Inc LTS:0KSJ
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qorvo Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of $265 Mil mean?
Qorvo (LTS:0KSJ) has a Inventories, Work In Process of $265 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Qorvo and its competitors.
Is Qorvo's Inventories, Work In Process too high?
Qorvo's current Inventories, Work In Process is $265 Mil. Overall, Qorvo has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qorvo's Inventories, Work In Process compare to MXL and VSH?
Qorvo's Inventories, Work In Process of $265 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 Inventories, Work In Process for a Semiconductors company?
A good Inventories, Work In Process depends on the Semiconductors industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Qorvo and its competitors. Qorvo's current Inventories, Work In Process is $265 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qorvo stock overvalued right now?
Based on GuruFocus' analysis, Qorvo (LTS:0KSJ) is currently considered Modestly Undervalued. The stock's GF Value™ is $92.27, compared to a current price of $82.68 — trading 10.4% below its estimated fair value. The current Inventories, Work In Process is $265 Mil. Qorvo's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Qorvo (LTS:0KSJ), the current Inventories, Work In Process is $265 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 Qorvo (LTS:0KSJ) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be undervalued. The current stock price of $82.68 is trading 10.4% below its estimated GF Value™ of $92.27. GuruFocus considers Qorvo to be Modestly Undervalued.

Key valuation signals for LTS:0KSJ:

  • Inventories, Work In Process: $265 Mil
  • GF Value™: $92.27 vs. price of $82.68 (10.4% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the LTS:0KSJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qorvo Business Description

Address 7628 Thorndike Road, Greensboro, NC, USA, 27409-9421
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of non-smartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
75GF Score

Get the complete analysis for LTS:0KSJ

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

$82.68
Price
$92.27
GF Value