CASY (Casey's General Stores) Inventory Turnover: 7.00 (As of Apr. 2026)

What is Casey's General Stores Inventory Turnover?

Casey's General Stores CASY -0.85% 84 Inventory Turnover is 7.00 as of Apr. 2026. GuruFocus rates CASY with a GF Score™ of 84/100 and a GF Value™ of $480.72 (Significantly Overvalued). The stock has 1 warning sign 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. Casey's General Stores's Cost of Goods Sold for the three months ended in Apr. 2026 was $3,491 Mil. Casey's General Stores's Average Total Inventories for the quarter that ended in Apr. 2026 was $499 Mil. Casey's General Stores's Inventory Turnover for the quarter that ended in Apr. 2026 was 7.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Casey's General Stores's Days Inventory for the three months ended in Apr. 2026 was 13.04.

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. Casey's General Stores's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.11.

Casey's General Stores (NAS:CASY) 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.

Casey's General Stores's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2026 )	/	Cost of Goods Sold (Q: Apr. 2026 )	*	Days in Period
	=	498.9915	/	3491.422	*	365 / 4
	=	13.04

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.

Casey's General Stores's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2026 )	/	Revenue (Q: Apr. 2026 )
	=	498.9915	/	4571.779
	=	0.11

* 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.

Casey's General Stores Inventory Turnover Related Terms

Casey's General Stores Inventory Turnover Historical Data

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The historical data trend for Casey's General Stores's Inventory Turnover can be seen below:

Casey's General Stores Inventory Turnover Chart

Casey's General Stores Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Apr25

Apr26

Inventory Turnover

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29.85

31.13

28.62

26.82

25.53

Casey's General Stores Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Inventory Turnover	Get a 7-Day Free Trial															6.37	7.21	7.27	6.52	7.00

84GF Score

Casey's General Stores Inc CASY

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

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Casey's General Stores Inventory Turnover Calculation

Casey's General Stores's Inventory Turnover for the fiscal year that ended in Apr. 2026 is calculated as

	Inventory Turnover (A: Apr. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2026 )	/ (	(Total Inventories (A: Apr. 2025 )	+	Total Inventories (A: Apr. 2026 ))	/	count )
=	13240.06	/ (	(480.034	+	557.151)	/	2 )
=	13240.06	/	518.5925
=	25.53

Casey's General Stores's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

	Inventory Turnover (Q: Apr. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2026 )	/ (	(Total Inventories (Q: Jan. 2026 )	+	Total Inventories (Q: Apr. 2026 ))	/	count )
=	3491.422	/ (	(440.832	+	557.151)	/	2 )
=	3491.422	/	498.9915
=	7.00

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 7.00 mean?

Casey's General Stores (CASY) has a Inventory Turnover of 7.00 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Casey's General Stores and its competitors.

Is Casey's General Stores' Inventory Turnover too high?

Casey's General Stores' current Inventory Turnover is 7.00. Overall, Casey's General Stores has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Casey's General Stores' Inventory Turnover compare to WSM and ULTA?

Casey's General Stores' Inventory Turnover of 7.00 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 Casey's General Stores and its competitors. Casey's General Stores's current Inventory Turnover is 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Casey's General Stores stock overvalued right now?

Based on GuruFocus' analysis, Casey's General Stores (CASY) is currently considered Significantly Overvalued. The stock's GF Value™ is $480.72, compared to a current price of $778.91 — trading 62% above its estimated fair value. The current Inventory Turnover is 7.00. Casey's General Stores' overall GF Score™ is 84/100 with 1 warning sign 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 Casey's General Stores (CASY), the current Inventory Turnover is 7.00 as of Apr. 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 Casey's General Stores (CASY) Overvalued in 2026?

Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued. The current stock price of $778.91 is trading 62% above its estimated GF Value™ of $480.72. GuruFocus considers Casey's General Stores to be Significantly Overvalued.

Key valuation signals for CASY:

Inventory Turnover: 7.00
GF Value™: $480.72 vs. price of $778.91 (62% above fair value)
GF Score™: 84/100 with 1 warning sign

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

Casey's General Stores Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies WSM ULTA DKS TSCO BBY FIVE GME MUSA BBWI MNSO TSX:ATD XJAM:ASBH SHSE:601888 ADX:ADNOCDIST TPE:3045 XSWX:AVOL BSP:VBBR3 TSX:CTC.A TSE:8136 ASX:JBH

Other Exchanges CASY:Mexico CS2:Germany

Address One Se Convenience Boulevard, Ankeny, IA, USA, 50021

Website https://www.caseys.com

Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.

84GF Score

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

$778.91

Price

$480.72

GF Value

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