CSSPF (NIOX Group) Inventory Turnover: 1.66 (As of Dec. 2025)

What is NIOX Group Inventory Turnover?

NIOX Group CSSPF -6.21% 77 Inventory Turnover is 1.66 as of Dec. 2025. GuruFocus rates CSSPF with a GF Score™ of 77/100 and a GF Value™ of $1.21 (Significantly Undervalued). The stock has 1 warning sign 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. NIOX Group's Cost of Goods Sold for the six months ended in Dec. 2025 was $10.04 Mil. NIOX Group's Average Total Inventories for the quarter that ended in Dec. 2025 was $6.06 Mil. NIOX Group's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NIOX Group's Days Inventory for the six months ended in Dec. 2025 was 110.15.

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. NIOX Group's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.19.

NIOX Group (OTCPK:CSSPF) 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.

NIOX Group's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2025 )	/	Cost of Goods Sold (Q: Dec. 2025 )	*	Days in Period
	=	6.06	/	10.04	*	365 / 2
	=	110.15

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.

NIOX Group's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	6.06	/	31.459
	=	0.19

* 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.

NIOX Group Inventory Turnover Related Terms

NIOX Group Inventory Turnover Historical Data

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The historical data trend for NIOX Group's Inventory Turnover can be seen below:

NIOX Group Inventory Turnover Chart

NIOX Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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2.64

2.58

2.36

2.63

3.42

NIOX Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Inventory Turnover	Get a 7-Day Free Trial															1.24	1.31	1.43	1.94	1.66

77GF Score

NIOX Group PLC CSSPF

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

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NIOX Group Inventory Turnover Calculation

NIOX Group'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 )
=	20.08	/ (	(5.057	+	6.693)	/	2 )
=	20.08	/	5.875
=	3.42

NIOX Group's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

	Inventory Turnover (Q: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2025 )	/ (	(Total Inventories (Q: Jun. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	10.04	/ (	(5.427	+	6.693)	/	2 )
=	10.04	/	6.06
=	1.66

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.66 mean?

NIOX Group (CSSPF) has a Inventory Turnover of 1.66 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NIOX Group and its competitors.

Is NIOX Group's Inventory Turnover too high?

NIOX Group's current Inventory Turnover is 1.66. Overall, NIOX Group has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does NIOX Group's Inventory Turnover compare to ABT and SYK?

NIOX Group's Inventory Turnover of 1.66 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?

A good Inventory Turnover depends on the Medical Devices & Instruments 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 NIOX Group and its competitors. NIOX Group's current Inventory Turnover is 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NIOX Group stock overvalued right now?

Based on GuruFocus' analysis, NIOX Group (CSSPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.21, compared to a current price of $0.75 — trading 38% below its estimated fair value. The current Inventory Turnover is 1.66. NIOX Group's overall GF Score™ is 77/100 with 1 warning sign 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 NIOX Group (CSSPF), the current Inventory Turnover is 1.66 as of Dec. 2025. 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 NIOX Group (CSSPF) Overvalued in 2026?

Based on GuruFocus' analysis, NIOX Group stock appears to be undervalued. The current stock price of $0.75 is trading 38% below its estimated GF Value™ of $1.21. GuruFocus considers NIOX Group to be Significantly Undervalued.

Key valuation signals for CSSPF:

Inventory Turnover: 1.66
GF Value™: $1.21 vs. price of $0.75 (38% below fair value)
GF Score™: 77/100 with 1 warning sign

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

NIOX Group Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies LSE:EKF LSE:CREO LSE:AOTI LSE:IHC LSE:RUA LSE:SUN ABT SYK MDT BSX EW XTER:SHL DXCM GEHC SZSE:300760 XAMS:PHIA STE ZBH XSWX:SOON SHSE:688271

Other Exchanges NIOXl:UK NIOX:UK 82C:Germany

Address 1 Robert Robinson Avenue, Magdalen Centre, The Oxford Science Park, Oxford, GBR, OX4 4GA

Website https://www.niox.com

NIOX Group PLC is engaged in improving the diagnosis, monitoring and management of both asthma and COPD by providing greater patient access to FeNO testing. The company is engaged in the design, development, and commercialization of medical devices for the measurement of FeNO, a precise biomarker for type 2 inflammation which is present in asthma and COPD. Its device, NIOX VERO, is increasingly recognised by healthcare professionals as an important tool to improve the diagnosis, monitoring and management of asthma and COPD. It operates in single segment of NIOX relates to the portfolio of products used to improve asthma diagnosis, monitoring and management by measuring fractional exhaled nitric oxide (FeNO).

77GF Score

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$0.75

Price

$1.21

GF Value

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