Air New Zealand (ASX:AIZ) Inventory Turnover: 4.49 (As of Dec. 2025)


ASX:AIZ Air New Zealand Ltd ASX:AIZ
38 GF Score
Price A$0.36
GF Value A$0.53
Valuation Possible Value Trap
! 6 Warning Signs
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What is Air New Zealand Inventory Turnover?

Air New Zealand ASX:AIZ 38 Inventory Turnover is 4.49 as of Dec. 2025. GuruFocus rates ASX:AIZ with a GF Score™ of 38/100 and a GF Value™ of A$0.53 (Possible Value Trap). The stock has 6 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. Air New Zealand's Cost of Goods Sold for the six months ended in Dec. 2025 was A$674 Mil. Air New Zealand's Average Total Inventories for the quarter that ended in Dec. 2025 was A$150 Mil. Air New Zealand's Inventory Turnover for the quarter that ended in Dec. 2025 was 4.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Air New Zealand's Days Inventory for the six months ended in Dec. 2025 was 40.63.

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. Air New Zealand's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.05.

Air New Zealand  (ASX:AIZ) 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.

Air New Zealand's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=150.0705/674.115*365 / 2
=40.63

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.

Air New Zealand's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=150.0705 / 2856.713
=0.05

* 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.

Air New Zealand Inventory Turnover Related Terms

Air New Zealand Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Air New Zealand'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.

Air New Zealand Inventory Turnover Chart

Air New Zealand Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 5.82 13.88 13.61 10.04

Air New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.32 6.38 5.38 4.82 4.49
ASX:AIZ
38GF Score
Air New Zealand Ltd ASX:AIZ
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Air New Zealand Inventory Turnover Calculation

Air New Zealand's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Inventory Turnover (A: Jun. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2025 ) / ((Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count )
=1375.633 / ((121.109 + 152.951) / 2 )
=1375.633 / 137.03
=10.04

Air New Zealand's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=674.115 / ((152.951 + 147.19) / 2 )
=674.115 / 150.0705
=4.49

* 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 4.49 mean?
Air New Zealand (ASX:AIZ) has a Inventory Turnover of 4.49 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Air New Zealand and its competitors.
Is Air New Zealand's Inventory Turnover too high?
Air New Zealand's current Inventory Turnover is 4.49. Overall, Air New Zealand has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's Inventory Turnover compare to DAL and UAL?
Air New Zealand's Inventory Turnover of 4.49 can be compared against companies in the Transportation 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 Transportation company?
A good Inventory Turnover depends on the Transportation 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 Air New Zealand and its competitors. Air New Zealand's current Inventory Turnover is 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ASX:AIZ) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.53, compared to a current price of A$0.36 — trading 33% below its estimated fair value. The current Inventory Turnover is 4.49. Air New Zealand's overall GF Score™ is 38/100 with 6 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 Air New Zealand (ASX:AIZ), the current Inventory Turnover is 4.49 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.

Is Air New Zealand (ASX:AIZ) Overvalued in 2026?

Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued. The current stock price of A$0.36 is trading 33% below its estimated GF Value™ of A$0.53. GuruFocus considers Air New Zealand to be Possible Value Trap.

Key valuation signals for ASX:AIZ:

  • Inventory Turnover: 4.49
  • GF Value™: A$0.53 vs. price of A$0.36 (33% below fair value)
  • GF Score™: 38/100 with 6 warning signs

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

Air New Zealand Business Description

Address 185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
38GF Score

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

A$0.36
Price
A$0.53
GF Value