CLH (Clean Harbors) Inventory Turnover: 2.76 (As of Mar. 2026)

What is Clean Harbors Inventory Turnover?

Clean Harbors CLH -0.61% 87 Inventory Turnover is 2.76 as of Mar. 2026. GuruFocus rates CLH with a GF Score™ of 87/100 and a GF Value™ of $243.47 (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. Clean Harbors's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,014 Mil. Clean Harbors's Average Total Inventories for the quarter that ended in Mar. 2026 was $368 Mil. Clean Harbors's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Clean Harbors's Days Inventory for the three months ended in Mar. 2026 was 33.11.

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. Clean Harbors's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.

Clean Harbors (NYSE:CLH) 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.

Clean Harbors'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
	=	368.0115	/	1014.12	*	365 / 4
	=	33.11

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.

Clean Harbors'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 )
	=	368.0115	/	1459.537
	=	0.25

* 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.

Clean Harbors Inventory Turnover Related Terms

Clean Harbors Inventory Turnover Historical Data

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The historical data trend for Clean Harbors's Inventory Turnover can be seen below:

Clean Harbors Inventory Turnover Chart

Clean Harbors Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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11.08

12.31

11.48

11.42

10.95

Clean Harbors 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															2.69	2.72	2.76	2.78	2.76

87GF Score

Clean Harbors Inc CLH

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

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Clean Harbors Inventory Turnover Calculation

Clean Harbors'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 )
=	4144.599	/ (	(384.657	+	372.088)	/	2 )
=	4144.599	/	378.3725
=	10.95

Clean Harbors'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 )
=	1014.12	/ (	(372.088	+	363.935)	/	2 )
=	1014.12	/	368.0115
=	2.76

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.76 mean?

Clean Harbors (CLH) has a Inventory Turnover of 2.76 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Clean Harbors and its competitors.

Is Clean Harbors' Inventory Turnover too high?

Clean Harbors' current Inventory Turnover is 2.76. Overall, Clean Harbors has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Clean Harbors' Inventory Turnover compare to GFL and CWST?

Clean Harbors' Inventory Turnover of 2.76 can be compared against companies in the Waste Management 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 Waste Management company?

A good Inventory Turnover depends on the Waste Management 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 Clean Harbors and its competitors. Clean Harbors's current Inventory Turnover is 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Clean Harbors stock overvalued right now?

Based on GuruFocus' analysis, Clean Harbors (CLH) is currently considered Modestly Overvalued. The stock's GF Value™ is $243.47, compared to a current price of $299.80 — trading 23.1% above its estimated fair value. The current Inventory Turnover is 2.76. Clean Harbors' overall GF Score™ is 87/100 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 Clean Harbors (CLH), the current Inventory Turnover is 2.76 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 Clean Harbors (CLH) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued. The current stock price of $299.80 is trading 23.1% above its estimated GF Value™ of $243.47. GuruFocus considers Clean Harbors to be Modestly Overvalued.

Key valuation signals for CLH:

Inventory Turnover: 2.76
GF Value™: $243.47 vs. price of $299.80 (23.1% above fair value)
GF Score™: 87/100 with 7 warning signs

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

Clean Harbors Business Description

Industry Industrials Waste Management

Comparable Companies GFL CWST ONT NVRI ABAT PESI SGLA YDDL ENGS LNZA WM RSG WCN XPAR:VIE XMAD:FCC XBRU:UMI SZSE:002340 SHSE:603568 SHSE:603588 ASX:CWY

Other Exchanges CLH1:Mexico CH6:Germany

Address 42 Longwater Drive, Norwell, MA, USA, 02061-9149

Website https://www.cleanharbors.com

Clean Harbors Inc is an environmental and industrial services provider that provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. Environmental Services includes waste collection, transportation, treatment, recycling, and disposal, along with industrial maintenance services. Safety-Kleen Sustainability Solutions provides used oil collection and manufactures base oil, vacuum gas oil, and lubricants. The company generates the majority of its revenues from the Environmental Services segment and operates in the United States, with maximum revenue, and Canada.

87GF Score

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$299.80

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