Fiera Milano SpA (CHIX:FMM) Inventory Turnover: 0.35 (As of Mar. 2026)

What is Fiera Milano SpA Inventory Turnover?

Fiera Milano SpA CHIX:FMM 75 Inventory Turnover is 0.35 as of Mar. 2026. GuruFocus rates CHIX:FMM with a GF Score™ of 75/100 and a GF Value™ of €2.26. The stock has 3 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. Fiera Milano SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was €1.7 Mil. Fiera Milano SpA's Average Total Inventories for the quarter that ended in Mar. 2026 was €4.8 Mil. Fiera Milano SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fiera Milano SpA's Days Inventory for the three months ended in Mar. 2026 was 262.37.

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. Fiera Milano SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.

Fiera Milano SpA (CHIX:FMm) 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.

Fiera Milano SpA'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
	=	4.819	/	1.676	*	365 / 4
	=	262.37

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.

Fiera Milano SpA'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 )
	=	4.819	/	126.387
	=	0.04

* 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.

Fiera Milano SpA Inventory Turnover Related Terms

Fiera Milano SpA Inventory Turnover Historical Data

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The historical data trend for Fiera Milano SpA's Inventory Turnover can be seen below:

Fiera Milano SpA Inventory Turnover Chart

Fiera Milano SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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1.82

3.69

6.45

2.60

2.40

Fiera Milano SpA 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															0.13	0.95	0.09	1.83	0.35

75GF Score

Fiera Milano SpA CHIX:FMM

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

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Fiera Milano SpA Inventory Turnover Calculation

Fiera Milano SpA'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 )
=	13.722	/ (	(7.844	+	3.595)	/	2 )
=	13.722	/	5.7195
=	2.40

Fiera Milano SpA'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 )
=	1.676	/ (	(3.595	+	6.043)	/	2 )
=	1.676	/	4.819
=	0.35

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.35 mean?

Fiera Milano SpA (CHIX:FMM) has a Inventory Turnover of 0.35 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Fiera Milano SpA and its competitors.

Is Fiera Milano SpA's Inventory Turnover too high?

Fiera Milano SpA's current Inventory Turnover is 0.35. Overall, Fiera Milano SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.

How does Fiera Milano SpA's Inventory Turnover compare to CTAS and CPRT?

Fiera Milano SpA's Inventory Turnover of 0.35 can be compared against companies in the Business Services 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 Business Services company?

A good Inventory Turnover depends on the Business Services 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 Fiera Milano SpA and its competitors. Fiera Milano SpA's current Inventory Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fiera Milano SpA stock overvalued right now?

Fiera Milano SpA (CHIX:FMM) has a current Inventory Turnover of 0.35. The stock's GF Value™ is €2.26, compared to a current price of €3.13 — trading 38.5% above its estimated fair value. The current Inventory Turnover is 0.35. Fiera Milano SpA's overall GF Score™ is 75/100 with 3 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 Fiera Milano SpA (CHIX:FMM), the current Inventory Turnover is 0.35 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?

Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued. The current stock price of €3.13 is trading 38.5% above its estimated GF Value™ of €2.26.

Key valuation signals for CHIX:FMM:

Inventory Turnover: 0.35
GF Value™: €2.26 vs. price of €3.13 (38.5% above fair value)
GF Score™: 75/100 with 3 warning signs

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

Fiera Milano SpA Business Description

Industry Industrials Business Services

Comparable Companies MIL:B MIL:STAR7 MIL:EDAC MIL:CORE MIL:SGC MIL:ICC MIL:RPTN CTAS LSE:REL TSX:TRI CPRT TSX:RBA ULS GPN ASX:BXB ARMK XAMS:WKL LSE:RTO LSE:ITRK XPAR:SW

Other Exchanges FM:Italy 0EGH:UK FM3:Germany

Address Strada Statale del Sempione, Rho, Milan, ITA, 28-20017

Website https://www.fieramilano.it

Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.

75GF Score

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€3.13

Price

€2.26

GF Value

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