Smart Parking (ASX:SPZ) Inventory Turnover: 1.91 (As of Dec. 2025)

What is Smart Parking Inventory Turnover?

Smart Parking ASX:SPZ -3.13% 90 Inventory Turnover is 1.91 as of Dec. 2025. GuruFocus rates ASX:SPZ with a GF Score™ of 90/100 and a GF Value™ of A$1.13 (Significantly Undervalued).

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. Smart Parking's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.3 Mil. Smart Parking's Average Total Inventories for the quarter that ended in Dec. 2025 was A$0.1 Mil. Smart Parking's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Parking's Days Inventory for the six months ended in Dec. 2025 was 95.73.

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. Smart Parking's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.00.

Smart Parking (ASX:SPZ) 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.

Smart Parking'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
	=	0.1495	/	0.285	*	365 / 2
	=	95.73

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.

Smart Parking'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 )
	=	0.1495	/	62.634
	=	0.00

* 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.

Smart Parking Inventory Turnover Related Terms

Smart Parking Inventory Turnover Historical Data

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The historical data trend for Smart Parking's Inventory Turnover can be seen below:

Smart Parking Inventory Turnover Chart

Smart Parking Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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1.22

1.73

1.88

1.48

2.62

Smart Parking 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															0.80	1.12	1.47	2.83	1.91

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Smart Parking Inventory Turnover Calculation

Smart Parking'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 )
=	1.787	/ (	(1.172	+	0.19)	/	2 )
=	1.787	/	0.681
=	2.62

Smart Parking'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 )
=	0.285	/ (	(0.19	+	0.109)	/	2 )
=	0.285	/	0.1495
=	1.91

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.91 mean?

Smart Parking (ASX:SPZ) has a Inventory Turnover of 1.91 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Smart Parking and its competitors.

Is Smart Parking's Inventory Turnover too high?

Smart Parking's current Inventory Turnover is 1.91. Overall, Smart Parking has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Smart Parking's Inventory Turnover compare to competitors?

Smart Parking's Inventory Turnover of 1.91 can be compared against companies in the Construction 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 Construction company?

A good Inventory Turnover depends on the Construction 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 Smart Parking and its competitors. Smart Parking's current Inventory Turnover is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Smart Parking stock overvalued right now?

Based on GuruFocus' analysis, Smart Parking (ASX:SPZ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$1.13, compared to a current price of A$0.78 — trading 31.4% below its estimated fair value. The current Inventory Turnover is 1.91. Smart Parking's overall GF Score™ is 90/100. 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 Smart Parking (ASX:SPZ), the current Inventory Turnover is 1.91 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 Smart Parking (ASX:SPZ) Overvalued in 2026?

Based on GuruFocus' analysis, Smart Parking stock appears to be undervalued. The current stock price of A$0.78 is trading 31.4% below its estimated GF Value™ of A$1.13. GuruFocus considers Smart Parking to be Significantly Undervalued.

Key valuation signals for ASX:SPZ:

Inventory Turnover: 1.91
GF Value™: A$1.13 vs. price of A$0.78 (31.4% below fair value)
GF Score™: 90/100

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

Smart Parking Business Description

Industry Industrials Construction

Comparable Companies ASX:AVD ASX:TCL DFM:SALIK SZSE:001965 SHSE:600377 SHSE:600350 MEX:PINFRA BSP:MOTV3 ASX:ALX DFM:PARKIN HKSE:00576 SZSE:000429 SHSE:600012 ASX:VNT SHSE:600548 BOM:532947 TSE:4666 SHSE:601107 BOM:543899 HKSE:00152

Other Exchanges E8Q:Germany

Address 85 Dundas Place, Albert Park, VIC, AUS, 3206

Website https://www.smartparking.com

Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has presence in North America; UK and Europe; Asia, and Australia.

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A$0.78

Price

A$1.13

GF Value

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