FINMF (Leonardo SpA) Inventory Turnover: 1.09 (As of Mar. 2026)


FINMF Leonardo SpA FINMF
84 GF Score
Price $54.08
GF Value $35.88
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Leonardo SpA Inventory Turnover?

Leonardo SpA FINMF +2.19% 84 Inventory Turnover is 1.09 as of Mar. 2026. GuruFocus rates FINMF with a GF Score™ of 84/100 and a GF Value™ of $35.88 (Significantly Overvalued). 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. Leonardo SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was $4,638 Mil. Leonardo SpA's Average Total Inventories for the quarter that ended in Mar. 2026 was $4,272 Mil. Leonardo SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leonardo SpA's Days Inventory for the three months ended in Mar. 2026 was 84.06.

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. Leonardo SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.83.

Leonardo SpA  (OTCPK:FINMF) 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.

Leonardo SpA'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
=4272.4535/4638.151*365 / 4
=84.06

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.

Leonardo SpA'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 )
=4272.4535 / 5142.197
=0.83

* 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.

Leonardo SpA Inventory Turnover Related Terms

Leonardo SpA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Leonardo SpA'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.

Leonardo SpA Inventory Turnover Chart

Leonardo SpA 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 2.99 3.09 3.09 2.99 3.07

Leonardo SpA 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 1.07 1.00 0.91 1.28 1.09
FINMF
84GF Score
Leonardo SpA FINMF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Leonardo SpA Inventory Turnover Calculation

Leonardo SpA'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 )
=20187.354 / ((5921.466 + 7213.115) / 2 )
=20187.354 / 6567.2905
=3.07

Leonardo SpA'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 )
=4638.151 / ((7213.115 + 1331.792) / 2 )
=4638.151 / 4272.4535
=1.09

* 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 1.09 mean?
Leonardo SpA (FINMF) has a Inventory Turnover of 1.09 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Leonardo SpA and its competitors.
Is Leonardo SpA's Inventory Turnover too high?
Leonardo SpA's current Inventory Turnover is 1.09. Overall, Leonardo SpA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's Inventory Turnover compare to SPCX and GE?
Leonardo SpA's Inventory Turnover of 1.09 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Leonardo SpA and its competitors. Leonardo SpA's current Inventory Turnover is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FINMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.88, compared to a current price of $54.08 — trading 50.7% above its estimated fair value. The current Inventory Turnover is 1.09. Leonardo SpA's overall GF Score™ is 84/100 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 Leonardo SpA (FINMF), the current Inventory Turnover is 1.09 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 Leonardo SpA (FINMF) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued. The current stock price of $54.08 is trading 50.7% above its estimated GF Value™ of $35.88. GuruFocus considers Leonardo SpA to be Significantly Overvalued.

Key valuation signals for FINMF:

  • Inventory Turnover: 1.09
  • GF Value™: $35.88 vs. price of $54.08 (50.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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

Leonardo SpA Business Description

Address Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
84GF Score

Get the complete analysis for FINMF

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

$54.08
Price
$35.88
GF Value