Metcash (ASX:MTS) Inventory-to-Revenue: 0.18 (As of Apr. 2026)

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ASX:MTS Metcash Ltd ASX:MTS
72 GF Score
Price A$3.15
GF Value A$3.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Metcash Inventory-to-Revenue?

Metcash ASX:MTS +0.96% 72 Inventory-to-Revenue is 0.18 as of Apr. 2026. GuruFocus rates ASX:MTS with a GF Score™ of 72/100 and a GF Value™ of A$3.57 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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. Metcash's Average Total Inventories for the quarter that ended in Apr. 2026 was A$1,629 Mil. Metcash's Revenue for the six months ended in Apr. 2026 was A$8,877 Mil. Metcash's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.18.

Metcash's Inventory-to-Revenue for the quarter that ended in Apr. 2026 declined from Oct. 2025 (0.19) to Oct. 2025 (0.18)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metcash's Days Inventory for the six months ended in Apr. 2026 was 38.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metcash's Inventory Turnover for the quarter that ended in Apr. 2026 was 4.72.


Metcash  (ASX:MTS) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Metcash's Days Inventory for the six months ended in Apr. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=1629.1/7683.4*365 / 2
=38.70

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

Metcash's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2026 ) / Average Total Inventories (Q: Apr. 2026 )
=7683.4 / 1629.1
=4.72

* 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.


Metcash Inventory-to-Revenue Related Terms


Metcash Inventory-to-Revenue Historical Data

* Premium members only.

The historical data trend for Metcash's Inventory-to-Revenue 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.

Metcash Inventory-to-Revenue Chart

Metcash Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.08 0.08 0.09

Metcash Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Inventory-to-Revenue 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 0.16 0.16 0.17 0.19 0.18

ASX:MTS vs SYY, USFD, PFGC: Inventory-to-Revenue Comparison

For the Food Distribution subindustry, Metcash's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Metcash Inventory-to-Revenue vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metcash's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Metcash's Inventory-to-Revenue falls into.


ASX:MTS
72GF Score
Metcash Ltd ASX:MTS
Inventory-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Metcash Inventory-to-Revenue Calculation

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.

Metcash's Inventory-to-Revenue for the fiscal year that ended in Apr. 2026 is calculated as

Inventory-to-Revenue (A: Apr. 2026 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2025 ) + Total Inventories (A: Apr. 2026 )) / count ) / Revenue (A: Apr. 2026 )
=( (1542.8 + 1514.8) / 2 ) / 17354
=1528.8 / 17354
=0.09

Metcash's Inventory-to-Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue (Q: Apr. 2026 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2025 ) + Total Inventories (Q: Apr. 2026 )) / count ) / Revenue (Q: Apr. 2026 )
=( (1743.4 + 1514.8) / 2 ) / 8876.5
=1629.1 / 8876.5
=0.18

* 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 Inventory-to-Revenue →
What does a Inventory-to-Revenue of 0.18 mean?
Metcash (ASX:MTS) has a Inventory-to-Revenue of 0.18 as of Apr. 2026. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Metcash and its competitors.
Is Metcash's Inventory-to-Revenue too high?
Metcash's current Inventory-to-Revenue is 0.18. Overall, Metcash has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metcash's Inventory-to-Revenue compare to SYY and USFD?
Metcash's Inventory-to-Revenue of 0.18 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory-to-Revenue for a Retail - Defensive company?
A good Inventory-to-Revenue depends on the Retail - Defensive industry context. However, Inventory-to-Revenue 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 Inventory-to-Revenue mean?
A high Inventory-to-Revenue can signal that a stock is expensive relative to its fundamentals. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Metcash and its competitors. Metcash's current Inventory-to-Revenue is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metcash stock overvalued right now?
Based on GuruFocus' analysis, Metcash (ASX:MTS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.57, compared to a current price of A$3.15 — trading 11.8% below its estimated fair value. The current Inventory-to-Revenue is 0.18. Metcash's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory-to-Revenue calculated?
Inventory-to-Revenue is calculated from a company's financial statements. For Metcash (ASX:MTS), the current Inventory-to-Revenue is 0.18 as of Apr. 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 Metcash (ASX:MTS) Overvalued in 2026?

Based on GuruFocus' analysis, Metcash stock appears to be undervalued. The current stock price of A$3.15 is trading 11.8% below its estimated GF Value™ of A$3.57. GuruFocus considers Metcash to be Modestly Undervalued.

Key valuation signals for ASX:MTS:

  • Inventory-to-Revenue: 0.18
  • GF Value™: A$3.57 vs. price of A$3.15 (11.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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


Metcash Business Description

Other Exchanges MCSHF:USAMG9:Germany
Address 1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113
Metcash is a wholesaler, and to a lesser extent a retailer, specializing in food, liquor, and hardware. Centralized wholesale distribution enables independent retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and venues like pubs.
72GF Score

Get the complete analysis for ASX:MTS

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

A$3.15
Price
A$3.57
GF Value