Turnium Technology Group (FRA:E48) Days Inventory: 0.20 (As of Mar. 2026) — 96% Below Median

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.

What is Turnium Technology Group Days Inventory?

Turnium Technology Group FRA:E48 +0.76% Days Inventory is 0.20 as of Mar. 2026, which is 96% below its 10-year median of 4.99. The stock has 8 warning signs investors should review. Among 1,651 Software companies, Turnium Technology Group ranks better than 86.43% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Turnium Technology Group's Average Total Inventories for the three months ended in Mar. 2026 was €0.01 Mil. Turnium Technology Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €2.70 Mil. Hence, Turnium Technology Group's Days Inventory for the three months ended in Mar. 2026 was 0.20.

The historical rank and industry rank for Turnium Technology Group's Days Inventory or its related term are showing as below:

FRA:E48' s Days Inventory Range Over the Past 10 Years
Min: 1.08   Med: 4.99   Max: 18.33
Current: 1.08

During the past 6 years, Turnium Technology Group's highest Days Inventory was 18.33. The lowest was 1.08. And the median was 4.99.

FRA:E48's Days Inventory is ranked better than
86.43% of 1651 companies
in the Software industry
Industry Median: 20.41 vs FRA:E48: 1.08

Turnium Technology Group's Days Inventory declined from Mar. 2025 (2.50) to Mar. 2026 (0.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Turnium Technology Group's Inventory Turnover for the three months ended in Mar. 2026 was 449.17.

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. Turnium Technology Group's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.00.


Turnium Technology Group  (FRA:E48) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Turnium Technology Group's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. 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.

Turnium Technology Group's Inventory to Revenue for the three months 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Turnium Technology Group Days Inventory Related Terms


Turnium Technology Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Turnium Technology Group's Days 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.

Turnium Technology Group Days Inventory Chart

Turnium Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 4.91 18.81 3.38

Turnium Technology Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 2.50 2.64 26.96 3.36 0.20

FRA:E48 vs MSFT, ORCL, PLTR: Days Inventory Comparison

For the Software - Infrastructure subindustry, Turnium Technology Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turnium Technology Group Days Inventory vs Software Industry

For the Software industry and Technology sector, Turnium Technology Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Turnium Technology Group's Days Inventory falls into.



Turnium Technology Group Days Inventory Calculation

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

Turnium Technology Group's Days Inventory for the fiscal year that ended in Sep. 2025 is calculated as

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (0.015 + 0.012) / 2 ) / 1.46*365
=0.0135 / 1.46*365
=3.38

Turnium Technology Group's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.009 + 0.003) / 2 ) / 2.695*365 / 4
=0.006 / 2.695*365 / 4
=0.20

* 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 Days Inventory →
What does a Days Inventory of 0.20 mean?
Turnium Technology Group (FRA:E48) has a Days Inventory of 0.20 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Turnium Technology Group and its competitors. This is 96% below median its historical median of 4.99. Over the past decade, Turnium Technology Group's Days Inventory has ranged from 1.08 to 18.33. According to the industry distribution chart, Turnium Technology Group ranks #224 out of 1651 companies in the Software industry, placing it in the top 13.6%.
Is Turnium Technology Group's Days Inventory too high?
Turnium Technology Group's current Days Inventory of 0.20 is 96% below median its 10-year median of 4.99. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 18.33. The Software industry median Days Inventory is 20.41. Turnium Technology Group's value of 0.20 is 99% below this industry median. Based on the distribution chart, Turnium Technology Group ranks #224 out of 1651 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Turnium Technology Group's Days Inventory compare to MSFT and ORCL?
According to the Software industry distribution chart, Turnium Technology Group ranks #224 out of 1651 companies for Days Inventory. This places Turnium Technology Group in the top 14% of its industry — outperforming the majority of peers. The industry median Days Inventory is 20.41. Turnium Technology Group's value of 0.20 is 99% below this benchmark. Historically, Turnium Technology Group's own Days Inventory has ranged from 1.08 to 18.33 over the past decade. While the company's 10-year median is 4.99 vs. the industry median of 20.41, Turnium Technology Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.41, based on 1,651 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turnium Technology Group's current Days Inventory of 0.20 is 99% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Turnium Technology Group and its competitors. For the Software industry, the median Days Inventory is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnium Technology Group's current Days Inventory is 0.20, which is 96% below median its own 10-year median of 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Turnium Technology Group (FRA:E48) is currently considered Possible Value Trap. The stock's GF Value™ is €0.04, compared to a current price of €0.03 — trading 34% below its estimated fair value. The current Days Inventory is 0.20, which is 96% below median its 10-year median of 4.99 and 99% below the Software industry median of 20.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Turnium Technology Group (FRA:E48), the current Days Inventory is 0.20 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.

Turnium Technology Group Business Description

Other Exchanges TTGI:Canada
Address 3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5
Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.