FIRRF (First Tractor Co) Inventory Turnover: 0.94 (As of Dec. 2025)

What is First Tractor Co Inventory Turnover?

First Tractor Co FIRRF 84 Inventory Turnover is 0.94 as of Dec. 2025. GuruFocus rates FIRRF with a GF Score™ of 84/100 and a GF Value™ of $1.04. The stock has 7 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. First Tractor Co's Cost of Goods Sold for the three months ended in Dec. 2025 was $149.8 Mil. First Tractor Co's Average Total Inventories for the quarter that ended in Dec. 2025 was $158.6 Mil. First Tractor Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Tractor Co's Days Inventory for the three months ended in Dec. 2025 was 96.59.

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. First Tractor Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.00.

First Tractor Co (OTCPK:FIRRF) 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.

First Tractor Co's Days Inventory for the three 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
	=	158.596	/	149.829	*	365 / 4
	=	96.59

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.

First Tractor Co'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 )
	=	158.596	/	159.031
	=	1.00

* 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.

First Tractor Co Inventory Turnover Related Terms

First Tractor Co Inventory Turnover Historical Data

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The historical data trend for First Tractor Co's Inventory Turnover can be seen below:

First Tractor Co Inventory Turnover Chart

First Tractor Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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5.15

6.94

7.16

6.95

7.41

First Tractor Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Jun25	Sep25	Dec25
Inventory Turnover	Get a 7-Day Free Trial															2.15	0.88	0.00	2.18	0.94

84GF Score

First Tractor Co Ltd FIRRF

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

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First Tractor Co Inventory Turnover Calculation

First Tractor Co'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 )
=	1303.835	/ (	(188.825	+	162.951)	/	2 )
=	1303.835	/	175.888
=	7.41

First Tractor Co'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: Sep. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	149.829	/ (	(154.241	+	162.951)	/	2 )
=	149.829	/	158.596
=	0.94

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.94 mean?

First Tractor Co (FIRRF) has a Inventory Turnover of 0.94 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on First Tractor Co and its competitors.

Is First Tractor Co's Inventory Turnover too high?

First Tractor Co's current Inventory Turnover is 0.94. Overall, First Tractor Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.

How does First Tractor Co's Inventory Turnover compare to CAT and DE?

First Tractor Co's Inventory Turnover of 0.94 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?

A good Inventory Turnover depends on the Farm & Heavy Construction Machinery 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 First Tractor Co and its competitors. First Tractor Co's current Inventory Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Tractor Co stock overvalued right now?

First Tractor Co (FIRRF) has a current Inventory Turnover of 0.94. The stock's GF Value™ is $1.04, compared to a current price of $0.95 — trading 9% below its estimated fair value. The current Inventory Turnover is 0.94. First Tractor Co's overall GF Score™ is 84/100 with 7 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 First Tractor Co (FIRRF), the current Inventory Turnover is 0.94 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 First Tractor Co (FIRRF) Overvalued in 2026?

Based on GuruFocus' analysis, First Tractor Co stock appears to be undervalued. The current stock price of $0.95 is trading 9% below its estimated GF Value™ of $1.04.

Key valuation signals for FIRRF:

Inventory Turnover: 0.94
GF Value™: $1.04 vs. price of $0.95 (9% below fair value)
GF Score™: 84/100 with 7 warning signs

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

First Tractor Co Business Description

Industry Industrials Farm & Heavy Construction Machinery

Comparable Companies HKSE:01511 HKSE:03339 HKSE:02499 HKSE:02153 HKSE:02102 HKSE:00840 HKSE:00631 CAT DE OSTO:VOLV B PCAR TSE:6201 XTER:DTG TSE:6301 OSTO:EPI A SHSE:600031 TSE:6326 SZSE:000425 XAMS:EXO OHEL:METSO

Other Exchanges 00038:Hong Kong FTP:Germany 601038:China

Address No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004

Website http://www.first-tractor.com.cn

First Tractor Co Ltd is an agricultural machinery and equipment manufacturing service provider in China. The company focuses on the R&D and manufacturing of medium and largesized tractors and their core components, accelerating the product upgrades towards high-end, intelligent and green technologies. The company has two reportable segments: agricultural machinery segment and power machinery segment. The agricultural machinery segment is responsible for the production and sales of agricultural tractors and harvesters. The power machinery segment is mainly responsible for the production and sales of diesel engines. The majority of the company's revenue is derived from the Agricultural machinery segment.

84GF Score

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

$0.95

Price

$1.04

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