ALTG (Alta Equipment Group) Inventory Turnover: 0.63 (As of Mar. 2026)

What is Alta Equipment Group Inventory Turnover?

Alta Equipment Group ALTG -6.03% 75 Inventory Turnover is 0.63 as of Mar. 2026. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.53 (Modestly Undervalued). The stock has 7 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. Alta Equipment Group's Cost of Goods Sold for the three months ended in Mar. 2026 was $301 Mil. Alta Equipment Group's Average Total Inventories for the quarter that ended in Mar. 2026 was $475 Mil. Alta Equipment Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alta Equipment Group's Days Inventory for the three months ended in Mar. 2026 was 143.83.

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. Alta Equipment Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.16.

Alta Equipment Group (NYSE:ALTG) 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.

Alta Equipment Group's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	474.75	/	301.2	*	365 / 4
	=	143.83

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.

Alta Equipment Group's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	474.75	/	410.5
	=	1.16

* 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.

Alta Equipment Group Inventory Turnover Related Terms

Alta Equipment Group Inventory Turnover Historical Data

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The historical data trend for Alta Equipment Group's Inventory Turnover can be seen below:

Alta Equipment Group Inventory Turnover Chart

Alta Equipment Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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3.84

3.61

2.94

2.59

2.70

Alta Equipment Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.57	0.70	0.62	0.80	0.63

75GF Score

Alta Equipment Group Inc ALTG

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Alta Equipment Group Inventory Turnover Calculation

Alta Equipment Group's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	1361.3	/ (	(535.9	+	473.3)	/	2 )
=	1361.3	/	504.6
=	2.70

Alta Equipment Group's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	301.2	/ (	(473.3	+	476.2)	/	2 )
=	301.2	/	474.75
=	0.63

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.63 mean?

Alta Equipment Group (ALTG) has a Inventory Turnover of 0.63 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Alta Equipment Group and its competitors.

Is Alta Equipment Group's Inventory Turnover too high?

Alta Equipment Group's current Inventory Turnover is 0.63. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Alta Equipment Group's Inventory Turnover compare to MWG and AIHS?

Alta Equipment Group's Inventory Turnover of 0.63 can be compared against companies in the Business Services 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 Business Services company?

A good Inventory Turnover depends on the Business Services 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 Alta Equipment Group and its competitors. Alta Equipment Group's current Inventory Turnover is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Alta Equipment Group stock overvalued right now?

Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.53, compared to a current price of $6.08 — trading 19.3% below its estimated fair value. The current Inventory Turnover is 0.63. Alta Equipment Group's overall GF Score™ is 75/100 with 7 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 Alta Equipment Group (ALTG), the current Inventory Turnover is 0.63 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 Alta Equipment Group (ALTG) Overvalued in 2026?

Based on GuruFocus' analysis, Alta Equipment Group stock appears to be undervalued. The current stock price of $6.08 is trading 19.3% below its estimated GF Value™ of $7.53. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

Inventory Turnover: 0.63
GF Value™: $7.53 vs. price of $6.08 (19.3% below fair value)
GF Score™: 75/100 with 7 warning signs

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

Alta Equipment Group Business Description

Industry Industrials Business Services

Comparable Companies MWG AIHS AITX BDST DWAY ZCAR HTZ URI SUNB AER UHAL XPAR:AYV R BSP:RENT3 TSX:EFN TSE:8439 HKSE:02588 GATX CAR WSC

Other Exchanges ALTGpA.PFD:USA

Address 13211 Merriman Road, Livonia, MI, USA, 48150

Website https://www.altaequipment.com

Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.

75GF Score

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$6.08

Price

$7.53

GF Value

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