CPA (Copa Holdings) Inventory Turnover: 4.49 (As of Mar. 2026)

What is Copa Holdings Inventory Turnover?

Copa Holdings CPA +0.03% 86 Inventory Turnover is 4.49 as of Mar. 2026. GuruFocus rates CPA with a GF Score™ of 86/100 and a GF Value™ of $114.41 (Significantly Overvalued). The stock has 8 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. Copa Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $675 Mil. Copa Holdings's Average Total Inventories for the quarter that ended in Mar. 2026 was $150 Mil. Copa Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Copa Holdings's Days Inventory for the three months ended in Mar. 2026 was 20.31.

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. Copa Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.14.

Copa Holdings (NYSE:CPA) 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.

Copa Holdings'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
	=	150.187	/	674.789	*	365 / 4
	=	20.31

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.

Copa Holdings'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 )
	=	150.187	/	1052.423
	=	0.14

* 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.

Copa Holdings Inventory Turnover Related Terms

Copa Holdings Inventory Turnover Historical Data

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The historical data trend for Copa Holdings's Inventory Turnover can be seen below:

Copa Holdings Inventory Turnover Chart

Copa Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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14.63

24.60

20.79

17.82

16.62

Copa Holdings 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															4.08	3.85	4.02	4.34	4.49

86GF Score

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Copa Holdings Inventory Turnover Calculation

Copa Holdings'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 )
=	2331.381	/ (	(132.341	+	148.127)	/	2 )
=	2331.381	/	140.234
=	16.62

Copa Holdings'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 )
=	674.789	/ (	(148.127	+	152.247)	/	2 )
=	674.789	/	150.187
=	4.49

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 4.49 mean?

Copa Holdings (CPA) has a Inventory Turnover of 4.49 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Copa Holdings and its competitors.

Is Copa Holdings' Inventory Turnover too high?

Copa Holdings' current Inventory Turnover is 4.49. Overall, Copa Holdings has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Copa Holdings' Inventory Turnover compare to ALK and SKYW?

Copa Holdings' Inventory Turnover of 4.49 can be compared against companies in the Transportation 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 Transportation company?

A good Inventory Turnover depends on the Transportation 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 Copa Holdings and its competitors. Copa Holdings's current Inventory Turnover is 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Copa Holdings stock overvalued right now?

Based on GuruFocus' analysis, Copa Holdings (CPA) is currently considered Significantly Overvalued. The stock's GF Value™ is $114.41, compared to a current price of $155.57 — trading 36% above its estimated fair value. The current Inventory Turnover is 4.49. Copa Holdings' overall GF Score™ is 86/100 with 8 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 Copa Holdings (CPA), the current Inventory Turnover is 4.49 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 Copa Holdings (CPA) Overvalued in 2026?

Based on GuruFocus' analysis, Copa Holdings stock appears to be overvalued. The current stock price of $155.57 is trading 36% above its estimated GF Value™ of $114.41. GuruFocus considers Copa Holdings to be Significantly Overvalued.

Key valuation signals for CPA:

Inventory Turnover: 4.49
GF Value™: $114.41 vs. price of $155.57 (36% above fair value)
GF Score™: 86/100 with 8 warning signs

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

Copa Holdings Business Description

Industry Industrials Transportation

Comparable Companies ALK SKYW ALGT JBLU ULCC AAL RJET FLYX SRFM FLYYQ DAL UAL DUB:RYA LSE:IAG LUV NSE:INDIGO SGX:C6L SHSE:601111 XSGO:LTM XTER:LHA

Other Exchanges C2H:Germany

Address Costa del Este, Complejo Business Park, Avenida Principal y Avenida de la Rotonda, Torre Norte Parque Lefevre, Panama, PAN, 0816-06819

Website https://www.copaair.com

Copa Holdings SA is a provider of airline passenger and cargo services through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama, and domestic and international air transportation for passengers, cargo, and mail with a point-to-point route network through Copa Colombia, a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and the Caribbean. It derives the maximum revenue from North America.

86GF Score

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$155.57

Price

$114.41

GF Value

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