AEHR (Aehr Test Systems) Inventory Turnover: 0.17 (As of Feb. 2026)

What is Aehr Test Systems Inventory Turnover?

Aehr Test Systems AEHR -17.11% 62 Inventory Turnover is 0.17 as of Feb. 2026. GuruFocus rates AEHR with a GF Score™ of 62/100 and a GF Value™ of $14.62 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Aehr Test Systems's Cost of Goods Sold for the three months ended in Feb. 2026 was $6.95 Mil. Aehr Test Systems's Average Total Inventories for the quarter that ended in Feb. 2026 was $41.94 Mil. Aehr Test Systems's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aehr Test Systems's Days Inventory for the three months ended in Feb. 2026 was 551.08.

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. Aehr Test Systems's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 4.07.

Aehr Test Systems (NAS:AEHR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Aehr Test Systems's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2026 )	/	Cost of Goods Sold (Q: Feb. 2026 )	*	Days in Period
	=	41.9425	/	6.945	*	365 / 4
	=	551.08

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.

Aehr Test Systems's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2026 )	/	Revenue (Q: Feb. 2026 )
	=	41.9425	/	10.313
	=	4.07

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Aehr Test Systems Inventory Turnover Related Terms

Aehr Test Systems Inventory Turnover Historical Data

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The historical data trend for Aehr Test Systems's Inventory Turnover can be seen below:

Aehr Test Systems Inventory Turnover Chart

Aehr Test Systems Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

May24

May25

Inventory Turnover

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1.26

2.27

1.65

1.10

0.88

Aehr Test Systems Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Inventory Turnover	Get a 7-Day Free Trial															0.26	0.23	0.17	0.17	0.17

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Aehr Test Systems AEHR

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Aehr Test Systems Inventory Turnover Calculation

Aehr Test Systems's Inventory Turnover for the fiscal year that ended in May. 2025 is calculated as

	Inventory Turnover (A: May. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2025 )	/ (	(Total Inventories (A: May. 2024 )	+	Total Inventories (A: May. 2025 ))	/	count )
=	35.035	/ (	(37.47	+	41.997)	/	2 )
=	35.035	/	39.7335
=	0.88

Aehr Test Systems's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

	Inventory Turnover (Q: Feb. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2026 )	/ (	(Total Inventories (Q: Nov. 2025 )	+	Total Inventories (Q: Feb. 2026 ))	/	count )
=	6.945	/ (	(42.723	+	41.162)	/	2 )
=	6.945	/	41.9425
=	0.17

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.17 mean?

Aehr Test Systems (AEHR) has a Inventory Turnover of 0.17 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aehr Test Systems and its competitors.

Is Aehr Test Systems' Inventory Turnover too high?

Aehr Test Systems' current Inventory Turnover is 0.17. Overall, Aehr Test Systems has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Aehr Test Systems' Inventory Turnover compare to COHU and AMBA?

Aehr Test Systems' Inventory Turnover of 0.17 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 Inventory Turnover for a Semiconductors company?

A good Inventory Turnover depends on the Semiconductors industry context. However, Inventory Turnover 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 Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aehr Test Systems and its competitors. Aehr Test Systems's current Inventory Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Aehr Test Systems stock overvalued right now?

Based on GuruFocus' analysis, Aehr Test Systems (AEHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.62, compared to a current price of $69.97 — trading 378.6% above its estimated fair value. The current Inventory Turnover is 0.17. Aehr Test Systems' overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Aehr Test Systems (AEHR), the current Inventory Turnover is 0.17 as of Feb. 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 Aehr Test Systems (AEHR) Overvalued in 2026?

Based on GuruFocus' analysis, Aehr Test Systems stock appears to be overvalued. The current stock price of $69.97 is trading 378.6% above its estimated GF Value™ of $14.62. GuruFocus considers Aehr Test Systems to be Significantly Overvalued.

Key valuation signals for AEHR:

Inventory Turnover: 0.17
GF Value™: $14.62 vs. price of $69.97 (378.6% above fair value)
GF Score™: 62/100 with 5 warning signs

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

Aehr Test Systems Business Description

Industry Technology Semiconductors

Comparable Companies COHU AMBA ICHR PLAB VECO IPGP AXTI DQ ACLS UCTT XAMS:ASML AMAT LRCX KLAC TSE:8035 TSE:6857 SZSE:002371 TER SHSE:688012 XAMS:ASM

Other Exchanges AYB:Germany

Address 400 Kato Terrace, Fremont, CA, USA, 94539

Website https://www.aehr.com

Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets. The Company operates in one business segment, the designing, manufacturing, marketing and selling of advanced test and burn-in products to the semiconductor manufacturing industry in several geographic areas. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several inventive products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.

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$69.97

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$14.62

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