CVGYY Inventory Turnover: 3.11 (As of Mar. 2026)


What is Converge Information And Communications Technology Solutions Inventory Turnover?

Converge Information And Communications Technology Solutions CVGYY 98 Inventory Turnover is 3.11 as of Mar. 2026. GuruFocus rates CVGYY with a GF Score™ of 98/100. The stock has 2 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. Converge Information And Communications Technology Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was $61.36 Mil. Converge Information And Communications Technology Solutions's Average Total Inventories for the quarter that ended in Mar. 2026 was $19.74 Mil. Converge Information And Communications Technology Solutions's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Converge Information And Communications Technology Solutions's Days Inventory for the three months ended in Mar. 2026 was 29.35.

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. Converge Information And Communications Technology Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.11.

Converge Information And Communications Technology Solutions  (OTCPK:CVGYY) 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.

Converge Information And Communications Technology Solutions'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
=19.7365/61.36*365 / 4
=29.35

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.

Converge Information And Communications Technology Solutions'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 )
=19.7365 / 182.084
=0.11

* 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.

Converge Information And Communications Technology Solutions Inventory Turnover Related Terms

Converge Information And Communications Technology Solutions Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Converge Information And Communications Technology Solutions'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.

Converge Information And Communications Technology Solutions Inventory Turnover Chart

Converge Information And Communications Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 3.81 3.41 3.97 8.03 10.96

Converge Information And Communications Technology Solutions 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 2.54 2.51 2.40 2.77 3.11

Converge Information And Communications Technology Solutions Inventory Turnover Calculation

Converge Information And Communications Technology Solutions'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 )
=256.109 / ((25.383 + 21.34) / 2 )
=256.109 / 23.3615
=10.96

Converge Information And Communications Technology Solutions'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 )
=61.36 / ((21.34 + 18.133) / 2 )
=61.36 / 19.7365
=3.11

* 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 3.11 mean?
Converge Information And Communications Technology Solutions (CVGYY) has a Inventory Turnover of 3.11 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Converge Information And Communications Technology Solutions and its competitors.
Is Converge Information And Communications Technology Solutions' Inventory Turnover too high?
Converge Information And Communications Technology Solutions' current Inventory Turnover is 3.11. Overall, Converge Information And Communications Technology Solutions has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Converge Information And Communications Technology Solutions' Inventory Turnover compare to TMUS and VZ?
Converge Information And Communications Technology Solutions' Inventory Turnover of 3.11 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services 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 Converge Information And Communications Technology Solutions and its competitors. Converge Information And Communications Technology Solutions's current Inventory Turnover is 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Converge Information And Communications Technology Solutions stock overvalued right now?
Converge Information And Communications Technology Solutions (CVGYY) has a current Inventory Turnover of 3.11. The current Inventory Turnover is 3.11. Converge Information And Communications Technology Solutions' overall GF Score™ is 98/100 with 2 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 Converge Information And Communications Technology Solutions (CVGYY), the current Inventory Turnover is 3.11 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.

Converge Information And Communications Technology Solutions Business Description

Other Exchanges CNVRG:Philippines
Address Mc Arthur Highway, New Street Building, Balibago, Angeles, PAM, PHL, 2009
Converge Information And Communications Technology Solutions Inc is a pure-play high-speed fixed broadband provider in the Philippines, with industry optical fiber-based connectivity services. Its singular focus on high-speed fixed broadband services is deeply ingrained in the organization and permeates all aspects of Converge's operations, including network rollout, product and service innovation, sales, and customer service. The company operates in two businesses, namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business. The company derives all its revenue from Philippines.