Premier Investments (ASX:PMV) Inventory Turnover: 1.43 (As of Jan. 2026)

What is Premier Investments Inventory Turnover?

Premier Investments ASX:PMV -2.05% 76 Inventory Turnover is 1.43 as of Jan. 2026. GuruFocus rates ASX:PMV with a GF Score™ of 76/100 and a GF Value™ of A$11.99 (Modestly Overvalued). The stock has 4 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. Premier Investments's Cost of Goods Sold for the six months ended in Jan. 2026 was A$151.6 Mil. Premier Investments's Average Total Inventories for the quarter that ended in Jan. 2026 was A$105.6 Mil. Premier Investments's Inventory Turnover for the quarter that ended in Jan. 2026 was 1.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premier Investments's Days Inventory for the six months ended in Jan. 2026 was 127.18.

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. Premier Investments's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.23.

Premier Investments (ASX:PMV) 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.

Premier Investments's Days Inventory for the six months ended in Jan. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2026 )	/	Cost of Goods Sold (Q: Jan. 2026 )	*	Days in Period
	=	105.649	/	151.604	*	365 / 2
	=	127.18

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.

Premier Investments's Inventory to Revenue for the quarter that ended in Jan. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2026 )	/	Revenue (Q: Jan. 2026 )
	=	105.649	/	454.216
	=	0.23

* 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.

Premier Investments Inventory Turnover Related Terms

Premier Investments Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Premier Investments's Inventory Turnover can be seen below:

Premier Investments Inventory Turnover Chart

Premier Investments Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Jul25

Inventory Turnover

Get a 7-Day Free Trial

2.82

2.44

2.73

2.66

1.73

Premier Investments Semi-Annual Data
	Jan16	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25	Jul25	Jan26
Inventory Turnover	Get a 7-Day Free Trial															1.42	1.26	0.91	1.25	1.43

76GF Score

Premier Investments Ltd ASX:PMV

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

View Full Analysis

Premier Investments Inventory Turnover Calculation

Premier Investments's Inventory Turnover for the fiscal year that ended in Jul. 2025 is calculated as

	Inventory Turnover (A: Jul. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2025 )	/ (	(Total Inventories (A: Jul. 2024 )	+	Total Inventories (A: Jul. 2025 ))	/	count )
=	280.706	/ (	(217.852	+	106.121)	/	2 )
=	280.706	/	161.9865
=	1.73

Premier Investments's Inventory Turnover for the quarter that ended in Jan. 2026 is calculated as

	Inventory Turnover (Q: Jan. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2026 )	/ (	(Total Inventories (Q: Jul. 2025 )	+	Total Inventories (Q: Jan. 2026 ))	/	count )
=	151.604	/ (	(106.121	+	105.177)	/	2 )
=	151.604	/	105.649
=	1.43

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.43 mean?

Premier Investments (ASX:PMV) has a Inventory Turnover of 1.43 as of Jan. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Premier Investments and its competitors.

Is Premier Investments' Inventory Turnover too high?

Premier Investments' current Inventory Turnover is 1.43. Overall, Premier Investments has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Premier Investments' Inventory Turnover compare to TJX and ROST?

Premier Investments' Inventory Turnover of 1.43 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?

A good Inventory Turnover depends on the Retail - Cyclical 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 Premier Investments and its competitors. Premier Investments's current Inventory Turnover is 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Premier Investments stock overvalued right now?

Based on GuruFocus' analysis, Premier Investments (ASX:PMV) is currently considered Modestly Overvalued. The stock's GF Value™ is A$11.99, compared to a current price of A$14.32 — trading 19.4% above its estimated fair value. The current Inventory Turnover is 1.43. Premier Investments' overall GF Score™ is 76/100 with 4 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 Premier Investments (ASX:PMV), the current Inventory Turnover is 1.43 as of Jan. 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 Premier Investments (ASX:PMV) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Investments stock appears to be overvalued. The current stock price of A$14.32 is trading 19.4% above its estimated GF Value™ of A$11.99. GuruFocus considers Premier Investments to be Modestly Overvalued.

Key valuation signals for ASX:PMV:

Inventory Turnover: 1.43
GF Value™: A$11.99 vs. price of A$14.32 (19.4% above fair value)
GF Score™: 76/100 with 4 warning signs

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

Premier Investments Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies ASX:UNI ASX:AX1 ASX:STP ASX:CCX XMAD:ITX TJX TSE:9983 ROST LSE:NXT BURL BOM:500251 LULU TSX:ATZ GAP VSXY URBN LSE:JD.BOOT TSX:GRGD TSE:2670

Address 417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004

Website https://www.premierinvestments.com.au

Premier Investments owns two global retail brands. While Smiggle has been operating outside of its core Australian and New Zealand markets for many years, the more prolific fashion brand Peter Alexander only recently entered the United Kingdom. The unique Smiggle brand retails children's stationery in Australia and overseas markets. Premier materially restructured in 2025, merging its five core apparel brands with department store Myer. It distributed its Myer equity stake to its shareholders with an in-specie capital reduction and dividend.Premier is also a significant shareholder in Australia-listed Breville Group.

76GF Score

Get the complete analysis for ASX:PMV

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

A$14.32

Price

A$11.99

GF Value

View ASX:PMV Analysis

See Inventory Turnover data for all stocks →