MEKO AB (CHIX:MEKOS) Inventory Turnover: 0.53 (As of Mar. 2026)

What is MEKO AB Inventory Turnover?

MEKO AB CHIX:MEKOS 69 Inventory Turnover is 0.53 as of Mar. 2026. GuruFocus rates CHIX:MEKOS with a GF Score™ of 69/100 and a GF Value™ of kr122.39 (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. MEKO AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr2,588 Mil. MEKO AB's Average Total Inventories for the quarter that ended in Mar. 2026 was kr4,900 Mil. MEKO AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MEKO AB's Days Inventory for the three months ended in Mar. 2026 was 172.75.

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. MEKO AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.08.

MEKO AB (CHIX:MEKOs) 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.

MEKO AB'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
	=	4899.5	/	2588	*	365 / 4
	=	172.75

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.

MEKO AB'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 )
	=	4899.5	/	4552
	=	1.08

* 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.

MEKO AB Inventory Turnover Related Terms

MEKO AB Inventory Turnover Historical Data

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The historical data trend for MEKO AB's Inventory Turnover can be seen below:

MEKO AB Inventory Turnover Chart

MEKO AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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2.34

2.16

2.21

2.15

2.07

MEKO AB 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															0.52	0.52	0.51	0.53	0.53

69GF Score

MEKO AB CHIX:MEKOS

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

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MEKO AB Inventory Turnover Calculation

MEKO AB'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 )
=	10488	/ (	(5078	+	5040)	/	2 )
=	10488	/	5059
=	2.07

MEKO AB'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 )
=	2588	/ (	(5040	+	4759)	/	2 )
=	2588	/	4899.5
=	0.53

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.53 mean?

MEKO AB (CHIX:MEKOS) has a Inventory Turnover of 0.53 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MEKO AB and its competitors.

Is MEKO AB's Inventory Turnover too high?

MEKO AB's current Inventory Turnover is 0.53. Overall, MEKO AB has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does MEKO AB's Inventory Turnover compare to ORLY and AZO?

MEKO AB's Inventory Turnover of 0.53 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?

A good Inventory Turnover depends on the Vehicles & Parts 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 MEKO AB and its competitors. MEKO AB's current Inventory Turnover is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is MEKO AB stock overvalued right now?

Based on GuruFocus' analysis, MEKO AB (CHIX:MEKOS) is currently considered Possible Value Trap. The stock's GF Value™ is kr122.39, compared to a current price of kr79.53 — trading 35% below its estimated fair value. The current Inventory Turnover is 0.53. MEKO AB's overall GF Score™ is 69/100 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 MEKO AB (CHIX:MEKOS), the current Inventory Turnover is 0.53 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 MEKO AB (CHIX:MEKOS) Overvalued in 2026?

Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued. The current stock price of kr79.53 is trading 35% below its estimated GF Value™ of kr122.39. GuruFocus considers MEKO AB to be Possible Value Trap.

Key valuation signals for CHIX:MEKOS:

Inventory Turnover: 0.53
GF Value™: kr122.39 vs. price of kr79.53 (35% below fair value)
GF Score™: 69/100 with 6 warning signs

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

MEKO AB Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies OSTO:BULTEN OSTO:VBG B OSTO:PIERCE ORLY TSE:5802 AZO XKRX:012330 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG XTER:CON NSE:MOTHERSON SHSE:601689 BWA MOD AUR APTV

Other Exchanges MEKO:Sweden 0HDJ:UK

Address Klarabergsviadukten 70, Elevator C, Floor 6, Box 19542, Stockholm, SWE, 11164

Website https://www.meko.com

MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.

69GF Score

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kr79.53

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kr122.39

GF Value

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