EMLAF (Empire Co) Inventory Turnover: 2.98 (As of Apr. 2026)


EMLAF Empire Co Ltd EMLAF
78 GF Score
Price $35.12
GF Value $32.88
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Empire Co Inventory Turnover?

Empire Co EMLAF -2.58% 78 Inventory Turnover is 2.98 as of Apr. 2026. GuruFocus rates EMLAF with a GF Score™ of 78/100 and a GF Value™ of $32.88 (Fairly Valued). The stock has 3 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. Empire Co's Cost of Goods Sold for the three months ended in Apr. 2026 was $4,112 Mil. Empire Co's Average Total Inventories for the quarter that ended in Apr. 2026 was $1,382 Mil. Empire Co's Inventory Turnover for the quarter that ended in Apr. 2026 was 2.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Empire Co's Days Inventory for the three months ended in Apr. 2026 was 30.67.

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. Empire Co's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.24.

Empire Co  (OTCPK:EMLAF) 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.

Empire Co's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=1382.0245/4111.531*365 / 4
=30.67

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.

Empire Co's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=1382.0245 / 5676.167
=0.24

* 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.

Empire Co Inventory Turnover Related Terms

Empire Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Empire Co'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.

Empire Co Inventory Turnover Chart

Empire Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.48 13.18 12.80 12.56 12.51

Empire Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.12 3.29 3.00 3.00 2.98
EMLAF
78GF Score
Empire Co Ltd EMLAF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empire Co Inventory Turnover Calculation

Empire Co's Inventory Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Inventory Turnover (A: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2026 ) / ((Total Inventories (A: Apr. 2025 ) + Total Inventories (A: Apr. 2026 )) / count )
=16930.348 / ((1311.065 + 1395.23) / 2 )
=16930.348 / 1353.1475
=12.51

Empire Co's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count )
=4111.531 / ((1368.819 + 1395.23) / 2 )
=4111.531 / 1382.0245
=2.98

* 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 2.98 mean?
Empire Co (EMLAF) has a Inventory Turnover of 2.98 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Empire Co and its competitors.
Is Empire Co's Inventory Turnover too high?
Empire Co's current Inventory Turnover is 2.98. Overall, Empire Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Empire Co's Inventory Turnover compare to KR and SFM?
Empire Co's Inventory Turnover of 2.98 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Inventory Turnover depends on the Retail - Defensive 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 Empire Co and its competitors. Empire Co's current Inventory Turnover is 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Co stock overvalued right now?
Based on GuruFocus' analysis, Empire Co (EMLAF) is currently considered Fairly Valued. The stock's GF Value™ is $32.88, compared to a current price of $35.12 — trading 6.8% above its estimated fair value. The current Inventory Turnover is 2.98. Empire Co's overall GF Score™ is 78/100 with 3 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 Empire Co (EMLAF), the current Inventory Turnover is 2.98 as of Apr. 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 Empire Co (EMLAF) Overvalued in 2026?

Based on GuruFocus' analysis, Empire Co stock appears to be overvalued. The current stock price of $35.12 is trading 6.8% above its estimated GF Value™ of $32.88. GuruFocus considers Empire Co to be Fairly Valued.

Key valuation signals for EMLAF:

  • Inventory Turnover: 2.98
  • GF Value™: $32.88 vs. price of $35.12 (6.8% above fair value)
  • GF Score™: 78/100 with 3 warning signs

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

Empire Co Business Description

Other Exchanges C15:GermanyEMP.A:Canada
Address 115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd is a Canadian company whose key businesses are food retailing and related real estate. The Company's business operations were conducted through its two reportable segments: Food retailing and Investments and other operations. The Food retailing segment is comprised of three operating segments: Sobeys National, Farm Boy and Longo's. Food retailing consists of corporate and franchisee-owned retail food stores, and includes convenience and fuel stores, retail pharmacy stores and in-store pharmacies, as well as an e-commerce grocery-business, providing customers offerings in fresh and non-fresh grocery, fuel, pharmacy, health and beauty care and general merchandise. The Investments and other operations consists of investments in Crombie REIT, real estate partnership.
78GF Score

Get the complete analysis for EMLAF

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

$35.12
Price
$32.88
GF Value