AS (Amer Sports) Inventory Turnover: 0.31 (As of Jun. 2026)

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.

AS Amer Sports Inc AS
68 GF Score
Price $26.94
GF Value $37.34
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Amer Sports Inventory Turnover?

Amer Sports AS +2.55% 68 Inventory Turnover is 0.31 as of Jun. 2026. GuruFocus rates AS with a GF Score™ of 68/100 and a GF Value™ of $37.34 (Modestly Undervalued). The stock has 1 warning sign 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. Amer Sports's Cost of Goods Sold for the three months ended in Jun. 2026 was $561 Mil. Amer Sports's Average Total Inventories for the quarter that ended in Jun. 2026 was $1,792 Mil. Amer Sports's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amer Sports's Days Inventory for the three months ended in Jun. 2026 was 291.53.

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. Amer Sports's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 1.10.


Amer Sports  (NYSE:AS) 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.

Amer Sports's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=1792.3/561*365 / 4
=291.53

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.

Amer Sports's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=1792.3 / 1632.6
=1.10

* 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.


Amer Sports Inventory Turnover Related Terms


Amer Sports Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Amer Sports's Inventory Turnover 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.

Amer Sports Inventory Turnover Chart

Amer Sports Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 2.68 2.39 2.26 2.19 2.19

Amer Sports Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventory Turnover 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 0.36 0.46 0.53 0.47 0.31
AS
68GF Score
Amer Sports Inc AS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amer Sports Inventory Turnover Calculation

Amer Sports'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 )
=3112.3 / ((1223.3 + 1622.1) / 2 )
=3112.3 / 1422.7
=2.19

Amer Sports's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=561 / ((1687.9 + 1896.7) / 2 )
=561 / 1792.3
=0.31

* 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 Turnover →
What does a Inventory Turnover of 0.31 mean?
Amer Sports (AS) has a Inventory Turnover of 0.31 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Amer Sports and its competitors.
Is Amer Sports' Inventory Turnover too high?
Amer Sports' current Inventory Turnover is 0.31. Overall, Amer Sports has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amer Sports' Inventory Turnover compare to HAS and LTH?
Amer Sports' Inventory Turnover of 0.31 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Inventory Turnover depends on the Travel & Leisure 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 Amer Sports and its competitors. Amer Sports's current Inventory Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amer Sports stock overvalued right now?
Based on GuruFocus' analysis, Amer Sports (AS) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.34, compared to a current price of $26.94 — trading 27.9% below its estimated fair value. The current Inventory Turnover is 0.31. Amer Sports' overall GF Score™ is 68/100 with 1 warning sign 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 Amer Sports (AS), the current Inventory Turnover is 0.31 as of Jun. 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 Amer Sports (AS) Overvalued in 2026?

Based on GuruFocus' analysis, Amer Sports stock appears to be undervalued. The current stock price of $26.94 is trading 27.9% below its estimated GF Value™ of $37.34. GuruFocus considers Amer Sports to be Modestly Undervalued.

Key valuation signals for AS:

  • Inventory Turnover: 0.31
  • GF Value™: $37.34 vs. price of $26.94 (27.9% below fair value)
  • GF Score™: 68/100 with 1 warning sign

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


Amer Sports Business Description

Other Exchanges ASN:Mexico
Address Siltasaarenkatu 8-10, Helsinki, FIN, 00530
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
68GF Score

Get the complete analysis for AS

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

$26.94
Price
$37.34
GF Value