IkeGPS Group (ASX:IKE) Inventory Turnover: 1.29 (As of Mar. 2026)

What is IkeGPS Group Inventory Turnover?

IkeGPS Group ASX:IKE 61 Inventory Turnover is 1.29 as of Mar. 2026. GuruFocus rates ASX:IKE with a GF Score™ of 61/100 and a GF Value™ of A$0.55 (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. IkeGPS Group's Cost of Goods Sold for the six months ended in Mar. 2026 was A$1.67 Mil. IkeGPS Group's Average Total Inventories for the quarter that ended in Mar. 2026 was A$1.29 Mil. IkeGPS Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IkeGPS Group's Days Inventory for the six months ended in Mar. 2026 was 140.95.

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. IkeGPS Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.11.

IkeGPS Group (ASX:IKE) 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.

IkeGPS Group's Days Inventory for the six 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
	=	1.289	/	1.669	*	365 / 2
	=	140.95

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.

IkeGPS 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 )
	=	1.289	/	11.418
	=	0.11

* 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.

IkeGPS Group Inventory Turnover Related Terms

IkeGPS Group Inventory Turnover Historical Data

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

IkeGPS Group Inventory Turnover Chart

IkeGPS Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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6.77

0.00

3.88

4.65

5.62

IkeGPS Group Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															2.27	2.73	2.90	1.61	1.29

61GF Score

IkeGPS Group Ltd ASX:IKE

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IkeGPS Group Inventory Turnover Calculation

IkeGPS Group's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

	Inventory Turnover (A: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2026 )	/ (	(Total Inventories (A: Mar. 2025 )	+	Total Inventories (A: Mar. 2026 ))	/	count )
=	4.385	/ (	(1.298	+	0.263)	/	2 )
=	4.385	/	0.7805
=	5.62

IkeGPS 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: Sep. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	1.669	/ (	(2.315	+	0.263)	/	2 )
=	1.669	/	1.289
=	1.29

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.29 mean?

IkeGPS Group (ASX:IKE) has a Inventory Turnover of 1.29 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on IkeGPS Group and its competitors.

Is IkeGPS Group's Inventory Turnover too high?

IkeGPS Group's current Inventory Turnover is 1.29. Overall, IkeGPS Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does IkeGPS Group's Inventory Turnover compare to COHR and KEYS?

IkeGPS Group's Inventory Turnover of 1.29 can be compared against companies in the Hardware 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 Hardware company?

A good Inventory Turnover depends on the Hardware 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 IkeGPS Group and its competitors. IkeGPS Group's current Inventory Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is IkeGPS Group stock overvalued right now?

Based on GuruFocus' analysis, IkeGPS Group (ASX:IKE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.55, compared to a current price of A$0.99 — trading 80% above its estimated fair value. The current Inventory Turnover is 1.29. IkeGPS Group's overall GF Score™ is 61/100 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 IkeGPS Group (ASX:IKE), the current Inventory Turnover is 1.29 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 IkeGPS Group (ASX:IKE) Overvalued in 2026?

Based on GuruFocus' analysis, IkeGPS Group stock appears to be overvalued. The current stock price of A$0.99 is trading 80% above its estimated GF Value™ of A$0.55. GuruFocus considers IkeGPS Group to be Significantly Overvalued.

Key valuation signals for ASX:IKE:

Inventory Turnover: 1.29
GF Value™: A$0.55 vs. price of A$0.99 (80% above fair value)
GF Score™: 61/100 with 5 warning signs

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

IkeGPS Group Business Description

Industry Technology Hardware

Comparable Companies TSE:6861 COHR KEYS GRMN TDY TPE:2360 MKSI OSTO:HEXA B FTV TRMB SZSE:300567 CGNX ESE SZSE:002414 TSE:6856 TSE:7701 ST NOVT ASX:CDA XSWX:IFCN

Other Exchanges IKE:New Zealand

Address 329 Interlocken Parkway, Suite 120, Wellington, CO, USA, 80021

Website https://www.ikegps.com

IkeGPS Group Ltd is engaged in designing and delivering a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies. Its segments include Platform Transactions, Platform Subscriptions, and Hardware and other services. The company generates the majority of its revenue from Platform Subscriptions, which includes: 1. the IKE Platform solution, where customers use the functionality of IKE Office, and if applicable, the IKE Device; 2. pole loading software licences and ongoing subscriptions for maintenance and support. Geographically, revenue is substantially generated in the United States of America.

61GF Score

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A$0.99

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A$0.55

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