Mirvac Group (ASX:MGR) Inventory Turnover: 0.96 (As of Dec. 2025)

What is Mirvac Group Inventory Turnover?

Mirvac Group ASX:MGR +0.59% 69 Inventory Turnover is 0.96 as of Dec. 2025. GuruFocus rates ASX:MGR with a GF Score™ of 69/100 and a GF Value™ of A$2.30 (Modestly Undervalued). The stock has 9 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. Mirvac Group's Cost of Goods Sold for the six months ended in Dec. 2025 was A$915 Mil. Mirvac Group's Average Total Inventories for the quarter that ended in Dec. 2025 was A$958 Mil. Mirvac Group's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mirvac Group's Days Inventory for the six months ended in Dec. 2025 was 190.98.

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. Mirvac Group's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.74.

Mirvac Group (ASX:MGR) 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.

Mirvac Group'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
	=	957.5	/	915	*	365 / 2
	=	190.98

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.

Mirvac Group'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 )
	=	957.5	/	1301
	=	0.74

* 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.

Mirvac Group Inventory Turnover Related Terms

Mirvac Group Inventory Turnover Historical Data

* Premium members only.

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

Mirvac Group Inventory Turnover Chart

Mirvac Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

Get a 7-Day Free Trial

1.85

2.21

0.94

1.48

1.55

Mirvac Group 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															0.53	0.83	0.66	0.94	0.96

69GF Score

Mirvac Group ASX:MGR

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

View Full Analysis

Mirvac Group Inventory Turnover Calculation

Mirvac Group'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 )
=	1864	/ (	(1349	+	1056)	/	2 )
=	1864	/	1202.5
=	1.55

Mirvac Group'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 )
=	915	/ (	(1056	+	859)	/	2 )
=	915	/	957.5
=	0.96

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.96 mean?

Mirvac Group (ASX:MGR) has a Inventory Turnover of 0.96 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mirvac Group and its competitors.

Is Mirvac Group's Inventory Turnover too high?

Mirvac Group's current Inventory Turnover is 0.96. Overall, Mirvac Group has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Mirvac Group's Inventory Turnover compare to VICI and WPC?

Mirvac Group's Inventory Turnover of 0.96 can be compared against companies in the REITs 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 REITs company?

A good Inventory Turnover depends on the REITs 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 Mirvac Group and its competitors. Mirvac Group's current Inventory Turnover is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mirvac Group stock overvalued right now?

Based on GuruFocus' analysis, Mirvac Group (ASX:MGR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.30, compared to a current price of A$1.71 — trading 25.7% below its estimated fair value. The current Inventory Turnover is 0.96. Mirvac Group's overall GF Score™ is 69/100 with 9 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 Mirvac Group (ASX:MGR), the current Inventory Turnover is 0.96 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 Mirvac Group (ASX:MGR) Overvalued in 2026?

Based on GuruFocus' analysis, Mirvac Group stock appears to be undervalued. The current stock price of A$1.71 is trading 25.7% below its estimated GF Value™ of A$2.30. GuruFocus considers Mirvac Group to be Modestly Undervalued.

Key valuation signals for ASX:MGR:

Inventory Turnover: 0.96
GF Value™: A$2.30 vs. price of A$1.71 (25.7% below fair value)
GF Score™: 69/100 with 9 warning signs

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

Mirvac Group Business Description

Industry Real Estate REITs

Comparable Companies ASX:GPT ASX:SGP ASX:CHC ASX:CLW ASX:CNI ASX:HMC ASX:ABG ASX:APW ASX:TOT ASX:GMG VICI WPC BSP:HSRE11 XPAR:COV LSE:LAND MEX:FUNO11 LSE:BLND BNL XKLS:5235SS TSE:8972

Other Exchanges MRVGF:USA

Address 200 George Street, Level 28, Sydney, NSW, AUS, 2000

Website https://www.mirvac.com

Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two-thirds of group earnings. The investment portfolio, by book value, is made up of 50% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around one-fourth of fiscal 2025 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.

69GF Score

Get the complete analysis for ASX:MGR

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

A$1.71

Price

A$2.30

GF Value

View ASX:MGR Analysis

See Inventory Turnover data for all stocks →