Vitec Software Group AB (CHIX:VITBS) Inventory Turnover: 69.45 (As of Mar. 2026)


CHIX:VITBS Vitec Software Group AB CHIX:VITBS
82 GF Score
Price kr228.00
GF Value kr616.58
Valuation Possible Value Trap
! 4 Warning Signs
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What is Vitec Software Group AB Inventory Turnover?

Vitec Software Group AB CHIX:VITBS 82 Inventory Turnover is 69.45 as of Mar. 2026. GuruFocus rates CHIX:VITBS with a GF Score™ of 82/100 and a GF Value™ of kr616.58 (Possible Value Trap). The stock has 4 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. Vitec Software Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr506 Mil. Vitec Software Group AB's Average Total Inventories for the quarter that ended in Mar. 2026 was kr7 Mil. Vitec Software Group AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 69.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vitec Software Group AB's Days Inventory for the three months ended in Mar. 2026 was 1.31.

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. Vitec Software Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Vitec Software Group AB  (CHIX:VITBs) 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.

Vitec Software Group 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
=7.279/505.548*365 / 4
=1.31

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.

Vitec Software Group 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 )
=7.279 / 955.115
=0.01

* 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.

Vitec Software Group AB Inventory Turnover Related Terms

Vitec Software Group AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Vitec Software Group AB'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.

Vitec Software Group AB Inventory Turnover Chart

Vitec Software Group AB 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 285.37 349.68 370.11 422.91 524.24

Vitec Software Group 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 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 139.17 144.40 123.86 138.33 69.45
CHIX:VITBS
82GF Score
Vitec Software Group AB CHIX:VITBS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitec Software Group AB Inventory Turnover Calculation

Vitec Software Group 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 )
=1893.55 / ((3.553 + 3.671) / 2 )
=1893.55 / 3.612
=524.24

Vitec Software Group 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 )
=505.548 / ((3.671 + 10.887) / 2 )
=505.548 / 7.279
=69.45

* 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 69.45 mean?
Vitec Software Group AB (CHIX:VITBS) has a Inventory Turnover of 69.45 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vitec Software Group AB and its competitors.
Is Vitec Software Group AB's Inventory Turnover too high?
Vitec Software Group AB's current Inventory Turnover is 69.45. Overall, Vitec Software Group AB has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vitec Software Group AB's Inventory Turnover compare to UBER and SHOP?
Vitec Software Group AB's Inventory Turnover of 69.45 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Vitec Software Group AB and its competitors. Vitec Software Group AB's current Inventory Turnover is 69.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitec Software Group AB stock overvalued right now?
Based on GuruFocus' analysis, Vitec Software Group AB (CHIX:VITBS) is currently considered Possible Value Trap. The stock's GF Value™ is kr616.58, compared to a current price of kr228.00 — trading 63% below its estimated fair value. The current Inventory Turnover is 69.45. Vitec Software Group AB's overall GF Score™ is 82/100 with 4 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 Vitec Software Group AB (CHIX:VITBS), the current Inventory Turnover is 69.45 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 Vitec Software Group AB (CHIX:VITBS) Overvalued in 2026?

Based on GuruFocus' analysis, Vitec Software Group AB stock appears to be undervalued. The current stock price of kr228.00 is trading 63% below its estimated GF Value™ of kr616.58. GuruFocus considers Vitec Software Group AB to be Possible Value Trap.

Key valuation signals for CHIX:VITBS:

  • Inventory Turnover: 69.45
  • GF Value™: kr616.58 vs. price of kr228.00 (63% below fair value)
  • GF Score™: 82/100 with 4 warning signs

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

Vitec Software Group AB Business Description

Address Tvistevagen 47A, Umea, SWE, 907 29
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.
82GF Score

Get the complete analysis for CHIX:VITBS

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

kr228.00
Price
kr616.58
GF Value