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.
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.
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. Reformation's Average Total Inventories for the quarter that ended in Dec. 2025 was $56.3 Mil. Reformation's Revenue for the
six
months ended in Dec. 2025 was $507.1 Mil.
Reformation's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.11.
Reformation's Inventory-to-Revenue for the quarter that ended in Dec. 2025
declined
from Dec. 2024 (0.12) to Dec. 2024 (0.11)
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.
Reformation's Days Inventory for the
six
months ended in Dec. 2025 was 50.94.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Reformation's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.58.
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.
Reformation's Days Inventory for the
six
months ended in Dec. 2025 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.
Reformation Inventory-to-Revenue Related Terms
Reformation Inventory-to-Revenue Historical Data
* Premium members only.
The historical data trend for Reformation'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.
Reformation Inventory-to-Revenue Chart
Reformation Annual Data
Trend
Dec23
Dec24
Dec25
Inventory-to-Revenue
0.00
0.12
0.11
Reformation Semi-Annual Data
Dec23
Dec24
Dec25
Inventory-to-Revenue
0.00
0.12
0.11
REF vs : Inventory-to-Revenue Comparison
For the Apparel Retail subindustry, Reformation'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.
Reformation Inventory-to-Revenue vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Reformation's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Reformation's Inventory-to-Revenue falls into.
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.
Reformation's Inventory-to-Revenue for the fiscal year that ended in Dec. 2025 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.
Reformation (REF) has a Inventory-to-Revenue of 0.11 as of Dec. 2025. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Reformation and its competitors.
Is Reformation's Inventory-to-Revenue too high?
Reformation's current Inventory-to-Revenue is 0.11. Overall, Reformation has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Reformation's Inventory-to-Revenue compare to ?
Reformation's Inventory-to-Revenue of 0.11 can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Inventory-to-Revenue depends on the Retail - Cyclical 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 Reformation and its competitors. Reformation's current Inventory-to-Revenue is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reformation stock overvalued right now?
Reformation (REF) has a current Inventory-to-Revenue of 0.11. The current Inventory-to-Revenue is 0.11. Reformation's overall GF Score™ is 8/100. 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 Reformation (REF), the current Inventory-to-Revenue is 0.11 as of Dec. 2025. 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.
Reformation Inc sells apparel and accessories through its website, company-owned retail stores, wholesale channels, and other distribution channels in the United States and internationally. Its product portfolio includes dresses, bottoms, tops, sweaters, and accessories. The company focuses on womenswear and sources materials and products through its supply chain operations. The majority of the company's revenue was derived from the sale of its apparel and accessories, including clothing, shoes, and bags, through e-commerce and retail. Geographically, the maximum revenue is generated from the United States.
8GF Score
Get the complete analysis for REF
Inventory-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
REF has been successfully added to your 
