ATO (Atmos Energy) Inventory Turnover: 5.84 (As of Mar. 2026)


ATO Atmos Energy Corp ATO
84 GF Score
Price $176.87
GF Value $155.49
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Atmos Energy Inventory Turnover?

Atmos Energy ATO +2.22% 84 Inventory Turnover is 5.84 as of Mar. 2026. GuruFocus rates ATO with a GF Score™ of 84/100 and a GF Value™ of $155.49 (Modestly Overvalued). 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. Atmos Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was $863 Mil. Atmos Energy's Average Total Inventories for the quarter that ended in Mar. 2026 was $148 Mil. Atmos Energy's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atmos Energy's Days Inventory for the three months ended in Mar. 2026 was 15.62.

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. Atmos Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.08.

Atmos Energy  (NYSE:ATO) 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.

Atmos Energy's Days Inventory for the three 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
=147.7/863.108*365 / 4
=15.62

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.

Atmos Energy'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 )
=147.7 / 1962.402
=0.08

* 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.

Atmos Energy Inventory Turnover Related Terms

Atmos Energy Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Atmos Energy'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.

Atmos Energy Inventory Turnover Chart

Atmos Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.96 8.29 6.68 7.51 10.41

Atmos Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.09 2.34 1.45 2.99 5.84
ATO
84GF Score
Atmos Energy Corp ATO
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atmos Energy Inventory Turnover Calculation

Atmos Energy's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=1968.996 / ((186.469 + 191.832) / 2 )
=1968.996 / 189.1505
=10.41

Atmos Energy'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=863.108 / ((159.529 + 135.871) / 2 )
=863.108 / 147.7
=5.84

* 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 5.84 mean?
Atmos Energy (ATO) has a Inventory Turnover of 5.84 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Atmos Energy and its competitors.
Is Atmos Energy's Inventory Turnover too high?
Atmos Energy's current Inventory Turnover is 5.84. Overall, Atmos Energy has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atmos Energy's Inventory Turnover compare to NI and UGI?
Atmos Energy's Inventory Turnover of 5.84 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated 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 Atmos Energy and its competitors. Atmos Energy's current Inventory Turnover is 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atmos Energy stock overvalued right now?
Based on GuruFocus' analysis, Atmos Energy (ATO) is currently considered Modestly Overvalued. The stock's GF Value™ is $155.49, compared to a current price of $176.87 — trading 13.8% above its estimated fair value. The current Inventory Turnover is 5.84. Atmos Energy's overall GF Score™ is 84/100 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 Atmos Energy (ATO), the current Inventory Turnover is 5.84 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 Atmos Energy (ATO) Overvalued in 2026?

Based on GuruFocus' analysis, Atmos Energy stock appears to be overvalued. The current stock price of $176.87 is trading 13.8% above its estimated GF Value™ of $155.49. GuruFocus considers Atmos Energy to be Modestly Overvalued.

Key valuation signals for ATO:

  • Inventory Turnover: 5.84
  • GF Value™: $155.49 vs. price of $176.87 (13.8% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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

Atmos Energy Business Description

Address 5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3.3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
84GF Score

Get the complete analysis for ATO

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

$176.87
Price
$155.49
GF Value