Magazine Luiza (BSP:MGLU3) Inventory Turnover: 0.86 (As of Mar. 2026)


BSP:MGLU3 Magazine Luiza SA BSP:MGLU3
63 GF Score
Price R$4.51
GF Value R$10.18
Valuation Possible Value Trap
! 6 Warning Signs
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What is Magazine Luiza Inventory Turnover?

Magazine Luiza BSP:MGLU3 +2.04% 63 Inventory Turnover is 0.86 as of Mar. 2026. GuruFocus rates BSP:MGLU3 with a GF Score™ of 63/100 and a GF Value™ of R$10.18 (Possible Value Trap). 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. Magazine Luiza's Cost of Goods Sold for the three months ended in Mar. 2026 was R$6,373 Mil. Magazine Luiza's Average Total Inventories for the quarter that ended in Mar. 2026 was R$7,368 Mil. Magazine Luiza's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magazine Luiza's Days Inventory for the three months ended in Mar. 2026 was 105.50.

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. Magazine Luiza's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.80.

Magazine Luiza  (BSP:MGLU3) 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.

Magazine Luiza'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
=7368.179/6372.77*365 / 4
=105.50

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.

Magazine Luiza'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 )
=7368.179 / 9205.731
=0.80

* 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.

Magazine Luiza Inventory Turnover Related Terms

Magazine Luiza Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Magazine Luiza'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.

Magazine Luiza Inventory Turnover Chart

Magazine Luiza Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.18 3.48 3.50 3.67

Magazine Luiza 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 0.88 0.89 0.85 1.11 0.86
BSP:MGLU3
63GF Score
Magazine Luiza SA BSP:MGLU3
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Magazine Luiza Inventory Turnover Calculation

Magazine Luiza's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=27148.836 / ((7611.132 + 7181.339) / 2 )
=27148.836 / 7396.2355
=3.67

Magazine Luiza'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 )
=6372.77 / ((7181.339 + 7555.019) / 2 )
=6372.77 / 7368.179
=0.86

* 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 0.86 mean?
Magazine Luiza (BSP:MGLU3) has a Inventory Turnover of 0.86 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Magazine Luiza and its competitors.
Is Magazine Luiza's Inventory Turnover too high?
Magazine Luiza's current Inventory Turnover is 0.86. Overall, Magazine Luiza has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Magazine Luiza's Inventory Turnover compare to CASY and WSM?
Magazine Luiza's Inventory Turnover of 0.86 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 Magazine Luiza and its competitors. Magazine Luiza's current Inventory Turnover is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magazine Luiza stock overvalued right now?
Based on GuruFocus' analysis, Magazine Luiza (BSP:MGLU3) is currently considered Possible Value Trap. The stock's GF Value™ is R$10.18, compared to a current price of R$4.51 — trading 55.7% below its estimated fair value. The current Inventory Turnover is 0.86. Magazine Luiza's overall GF Score™ is 63/100 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 Magazine Luiza (BSP:MGLU3), the current Inventory Turnover is 0.86 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 Magazine Luiza (BSP:MGLU3) Overvalued in 2026?

Based on GuruFocus' analysis, Magazine Luiza stock appears to be undervalued. The current stock price of R$4.51 is trading 55.7% below its estimated GF Value™ of R$10.18. GuruFocus considers Magazine Luiza to be Possible Value Trap.

Key valuation signals for BSP:MGLU3:

  • Inventory Turnover: 0.86
  • GF Value™: R$10.18 vs. price of R$4.51 (55.7% below fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the BSP:MGLU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magazine Luiza Business Description

Other Exchanges MGLUY:USA
Address Rua Arnulfo de Lima, 2385 - Vila Santa Cruz, Franca, SP, BRA, 14403-471
Magazine Luiza SA is engaged in retail sales, through physical stores, e-commerce, and its SuperApp, which is an application that offers products and services from its subsidiaries, as well as from commercial partners (sellers) through the marketplace platform. Its operations include four segments, Retail segment: substantially resale of goods and services in the Company's stores, electronic commerce, and food delivery management platform; Financial operations: through the joint venture Luizacred, whose main purpose is to provide credit to the Company's customers for the purchase of products; Insurance operations, and Other services. The company derives maximum revenue from the Retail segment.
63GF Score

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

R$4.51
Price
R$10.18
GF Value