CNLFF (Canlan Ice Sports) Inventory Turnover: 2.40 (As of Mar. 2026)

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CNLFF Canlan Ice Sports Corp CNLFF
72 GF Score
Price $2.97
GF Value $3.13
! 4 Warning Signs
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What is Canlan Ice Sports Inventory Turnover?

Canlan Ice Sports CNLFF 72 Inventory Turnover is 2.40 as of Mar. 2026. GuruFocus rates CNLFF with a GF Score™ of 72/100 and a GF Value™ of $3.13. 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. Canlan Ice Sports's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.23 Mil. Canlan Ice Sports's Average Total Inventories for the quarter that ended in Mar. 2026 was $0.51 Mil. Canlan Ice Sports's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canlan Ice Sports's Days Inventory for the three months ended in Mar. 2026 was 38.01.

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. Canlan Ice Sports's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.

Canlan Ice Sports  (OTCPK:CNLFF) 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.

Canlan Ice Sports'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
=0.514/1.234*365 / 4
=38.01

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.

Canlan Ice Sports'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 )
=0.514 / 21.399
=0.02

* 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.

Canlan Ice Sports Inventory Turnover Related Terms

Canlan Ice Sports Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports Inventory Turnover Chart

Canlan Ice Sports 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 1.84 6.40 8.51 8.46 8.49

Canlan Ice Sports 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 2.49 2.45 1.69 2.24 2.40
CNLFF
72GF Score
Canlan Ice Sports Corp CNLFF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Canlan Ice Sports Inventory Turnover Calculation

Canlan Ice Sports'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 )
=4.23 / ((0.447 + 0.55) / 2 )
=4.23 / 0.4985
=8.49

Canlan Ice Sports'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 )
=1.234 / ((0.55 + 0.478) / 2 )
=1.234 / 0.514
=2.40

* 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 2.40 mean?
Canlan Ice Sports (CNLFF) has a Inventory Turnover of 2.40 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Canlan Ice Sports and its competitors.
Is Canlan Ice Sports' Inventory Turnover too high?
Canlan Ice Sports' current Inventory Turnover is 2.40. Overall, Canlan Ice Sports has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Inventory Turnover compare to AS and HAS?
Canlan Ice Sports' Inventory Turnover of 2.40 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Inventory Turnover depends on the Travel & Leisure 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 Canlan Ice Sports and its competitors. Canlan Ice Sports's current Inventory Turnover is 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Canlan Ice Sports (CNLFF) has a current Inventory Turnover of 2.40. The stock's GF Value™ is $3.13, compared to a current price of $2.97 — trading 5% below its estimated fair value. The current Inventory Turnover is 2.40. Canlan Ice Sports' overall GF Score™ is 72/100 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 Canlan Ice Sports (CNLFF), the current Inventory Turnover is 2.40 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 Canlan Ice Sports (CNLFF) Overvalued in 2026?

Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued. The current stock price of $2.97 is trading 5% below its estimated GF Value™ of $3.13.

Key valuation signals for CNLFF:

  • Inventory Turnover: 2.40
  • GF Value™: $3.13 vs. price of $2.97 (5% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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

Canlan Ice Sports Business Description

Other Exchanges ICE:Canada
Address 6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score

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

$2.97
Price
$3.13
GF Value