CDNTF (Canadian Tire) Inventory Turnover: 0.89 (As of Mar. 2026)

What is Canadian Tire Inventory Turnover?

Canadian Tire CDNTF 62 Inventory Turnover is 0.89 as of Mar. 2026. GuruFocus rates CDNTF with a GF Score™ of 62/100 and a GF Value™ of $151.10 (Modestly Overvalued). The stock has 7 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. Canadian Tire's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,682 Mil. Canadian Tire's Average Total Inventories for the quarter that ended in Mar. 2026 was $1,883 Mil. Canadian Tire's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canadian Tire's Days Inventory for the three months ended in Mar. 2026 was 102.19.

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. Canadian Tire's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.72.

Canadian Tire (OTCPK:CDNTF) 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.

Canadian Tire'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
	=	1883.184	/	1681.56	*	365 / 4
	=	102.19

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.

Canadian Tire'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 )
	=	1883.184	/	2602.697
	=	0.72

* 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.

Canadian Tire Inventory Turnover Related Terms

Canadian Tire Inventory Turnover Historical Data

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The historical data trend for Canadian Tire's Inventory Turnover can be seen below:

Canadian Tire Inventory Turnover Chart

Canadian Tire Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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4.36

4.01

3.73

3.81

4.37

Canadian Tire 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															0.88	1.11	0.99	1.13	0.89

62GF Score

Canadian Tire Corp Ltd CDNTF

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

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Canadian Tire Inventory Turnover Calculation

Canadian Tire'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 )
=	7756.578	/ (	(1795.676	+	1752.447)	/	2 )
=	7756.578	/	1774.0615
=	4.37

Canadian Tire'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 )
=	1681.56	/ (	(1752.447	+	2013.921)	/	2 )
=	1681.56	/	1883.184
=	0.89

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.89 mean?

Canadian Tire (CDNTF) has a Inventory Turnover of 0.89 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Canadian Tire and its competitors.

Is Canadian Tire's Inventory Turnover too high?

Canadian Tire's current Inventory Turnover is 0.89. Overall, Canadian Tire has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Canadian Tire's Inventory Turnover compare to CASY and WSM?

Canadian Tire's Inventory Turnover of 0.89 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 Canadian Tire and its competitors. Canadian Tire's current Inventory Turnover is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Canadian Tire stock overvalued right now?

Based on GuruFocus' analysis, Canadian Tire (CDNTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $151.10, compared to a current price of $187.03 — trading 23.8% above its estimated fair value. The current Inventory Turnover is 0.89. Canadian Tire's overall GF Score™ is 62/100 with 7 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 Canadian Tire (CDNTF), the current Inventory Turnover is 0.89 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 Canadian Tire (CDNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $187.03 is trading 23.8% above its estimated GF Value™ of $151.10. GuruFocus considers Canadian Tire to be Modestly Overvalued.

Key valuation signals for CDNTF:

Inventory Turnover: 0.89
GF Value™: $151.10 vs. price of $187.03 (23.8% above fair value)
GF Score™: 62/100 with 7 warning signs

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

Canadian Tire Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies TSX:LNF TSX:PET TSX:KITS TSX:GBT TSXV:AWI TSXV:RUM TSX:ATD CASY WSM DKS ULTA BBY TSCO SHSE:601888 ADX:ADNOCDIST TPE:3045 FIVE GME MUSA XSWX:AVOL

Other Exchanges CDNAF:USA YAAA:Germany CTC.A:Canada CTC:Canada

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website https://www.corp.canadiantire.ca

Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.

62GF Score

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$187.03

Price

$151.10

GF Value

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