CVALF (Covalon Technologies) Change In Inventory: $1.96 Mil (TTM As of Mar. 2026)

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CVALF Covalon Technologies Ltd CVALF
82 GF Score
Price $1.67
GF Value $1.55
Valuation Fairly Valued
! 5 Warning Signs
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What is Covalon Technologies Change In Inventory?

Covalon Technologies CVALF -0.36% 82 Change In Inventory is $1.96 Mil as of Mar. 2026. GuruFocus rates CVALF with a GF Score™ of 82/100 and a GF Value™ of $1.55 (Fairly Valued). The stock has 5 warning signs investors should review.

Covalon Technologies's change in inventory for the quarter that ended in Mar. 2026 was $0.38 Mil. It means Covalon Technologies's inventory declined by $0.38 Mil from Dec. 2025 to Mar. 2026 .

Covalon Technologies's change in inventory for the fiscal year that ended in Sep. 2025 was $0.59 Mil. It means Covalon Technologies's inventory declined by $0.59 Mil from Sep. 2024 to Sep. 2025 .

Covalon Technologies's Total Inventories for the quarter that ended in Mar. 2026 was $4.65 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Covalon Technologies's Days Inventory for the quarter that ended in Mar. 2026 was 178.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Covalon Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.51.

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. Covalon Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.75.

Covalon Technologies  (OTCPK:CVALF) Change In Inventory Explanation

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

Covalon Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=4.7965/2.452*365 / 4
=178.50

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

Covalon Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2.452 / 4.7965
=0.51

3. 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.

Covalon Technologies's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4.7965 / 6.361
=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.

Covalon Technologies Change In Inventory Related Terms

Covalon Technologies Change In Inventory Historical Data

* Premium members only.

The historical data trend for Covalon Technologies's Change In Inventory 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.

Covalon Technologies Change In Inventory Chart

Covalon Technologies Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 -0.05 -0.77 -1.19 0.59

Covalon Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory 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 -0.25 0.64 0.58 0.36 0.38
CVALF
82GF Score
Covalon Technologies Ltd CVALF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Covalon Technologies Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.96 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $1.96 Mil mean?
Covalon Technologies (CVALF) has a Change In Inventory of $1.96 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Covalon Technologies and its competitors.
Is Covalon Technologies' Change In Inventory too high?
Covalon Technologies' current Change In Inventory is $1.96 Mil. Overall, Covalon Technologies has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Covalon Technologies' Change In Inventory compare to ISRG and BDX?
Covalon Technologies' Change In Inventory of $1.96 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Medical Devices & Instruments company?
A good Change In Inventory depends on the Medical Devices & Instruments industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Covalon Technologies and its competitors. Covalon Technologies's current Change In Inventory is $1.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covalon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Covalon Technologies (CVALF) is currently considered Fairly Valued. The stock's GF Value™ is $1.55, compared to a current price of $1.67 — trading 7.6% above its estimated fair value. The current Change In Inventory is $1.96 Mil. Covalon Technologies' overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Covalon Technologies (CVALF), the current Change In Inventory is $1.96 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 Covalon Technologies (CVALF) Overvalued in 2026?

Based on GuruFocus' analysis, Covalon Technologies stock appears to be overvalued. The current stock price of $1.67 is trading 7.6% above its estimated GF Value™ of $1.55. GuruFocus considers Covalon Technologies to be Fairly Valued.

Key valuation signals for CVALF:

  • Change In Inventory: $1.96 Mil
  • GF Value™: $1.55 vs. price of $1.67 (7.6% above fair value)
  • GF Score™: 82/100 with 5 warning signs

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

Covalon Technologies Business Description

Other Exchanges COV:Canada
Address 1660 Tech Avenue, Unit 5, Mississauga, ON, CAN, L4W 5S7
Covalon Technologies Ltd is engaged in the business of researching, developing, manufacturing, and marketing patent-protected medical products that improve patient outcomes in the areas of infection management, wound care, and surgical procedures. The company generates revenue through development contracts, licensing agreements, distribution contracts, and sales. Its products include IV dressings, surgical site protection products, vascular access protection products, and others, and its solutions include primary dressing cover, vascular access technologies, advanced wound care, sensitive skin solutions, custom medical coatings, and patient resource support.
82GF Score

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

$1.67
Price
$1.55
GF Value