Goodtech ASA (FRA:6FO) Inventory Turnover: 8.81 (As of Mar. 2026)

What is Goodtech ASA Inventory Turnover?

Goodtech ASA FRA:6FO -2.97% 48 Inventory Turnover is 8.81 as of Mar. 2026. GuruFocus rates FRA:6FO with a GF Score™ of 48/100 and a GF Value™ of €0.85 (Significantly Overvalued). The stock has 5 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. Goodtech ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was €2.76 Mil. Goodtech ASA's Average Total Inventories for the quarter that ended in Mar. 2026 was €0.31 Mil. Goodtech ASA's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goodtech ASA's Days Inventory for the three months ended in Mar. 2026 was 10.35.

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. Goodtech ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.

Goodtech ASA (FRA:6FO) 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.

Goodtech ASA'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
	=	0.313	/	2.759	*	365 / 4
	=	10.35

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.

Goodtech ASA'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 )
	=	0.313	/	15.422
	=	0.02

* 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.

Goodtech ASA Inventory Turnover Related Terms

Goodtech ASA Inventory Turnover Historical Data

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The historical data trend for Goodtech ASA's Inventory Turnover can be seen below:

Goodtech ASA Inventory Turnover Chart

Goodtech ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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19.88

23.58

85.65

56.74

53.65

Goodtech ASA 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															15.31	9.65	13.15	14.20	8.81

48GF Score

Goodtech ASA FRA:6FO

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

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Goodtech ASA Inventory Turnover Calculation

Goodtech ASA'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 )
=	17.06	/ (	(0.332	+	0.304)	/	2 )
=	17.06	/	0.318
=	53.65

Goodtech ASA'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 )
=	2.759	/ (	(0.304	+	0.322)	/	2 )
=	2.759	/	0.313
=	8.81

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 8.81 mean?

Goodtech ASA (FRA:6FO) has a Inventory Turnover of 8.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Goodtech ASA and its competitors.

Is Goodtech ASA's Inventory Turnover too high?

Goodtech ASA's current Inventory Turnover is 8.81. Overall, Goodtech ASA has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Goodtech ASA's Inventory Turnover compare to PWR and FIX?

Goodtech ASA's Inventory Turnover of 8.81 can be compared against companies in the Construction 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 Construction company?

A good Inventory Turnover depends on the Construction 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 Goodtech ASA and its competitors. Goodtech ASA's current Inventory Turnover is 8.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Goodtech ASA stock overvalued right now?

Based on GuruFocus' analysis, Goodtech ASA (FRA:6FO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.85, compared to a current price of €1.15 — trading 34.7% above its estimated fair value. The current Inventory Turnover is 8.81. Goodtech ASA's overall GF Score™ is 48/100 with 5 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 Goodtech ASA (FRA:6FO), the current Inventory Turnover is 8.81 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 Goodtech ASA (FRA:6FO) Overvalued in 2026?

Based on GuruFocus' analysis, Goodtech ASA stock appears to be overvalued. The current stock price of €1.15 is trading 34.7% above its estimated GF Value™ of €0.85. GuruFocus considers Goodtech ASA to be Significantly Overvalued.

Key valuation signals for FRA:6FO:

Inventory Turnover: 8.81
GF Value™: €0.85 vs. price of €1.15 (34.7% above fair value)
GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the FRA:6FO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Goodtech ASA Business Description

Industry Industrials Construction

Comparable Companies OSL:BMA PWR XPAR:DG FIX NSE:LT XKRX:028260 XAMS:FER XTER:HOT XMAD:ACS EME MTZ SHSE:601668 STRL XPAR:EN APG TSX:WSP XMAD:ANA TSE:1812 HKSE:03996 J

Other Exchanges GOD:Norway 0ELH:UK

Address Innspurten 15, Oslo, NOR, 0663

Website https://www.goodtech.no

Goodtech ASA is a specialist in control systems, digitalization, and production optimization for the manufacturing industry. The company plays an active role in modernizing, streamlining, and driving the critical digital transformation in Nordic industry. It also provides technical solutions in the field of Food & Beverage, Manufacturing, Renewables, Process Industry, New Industries, Energy & Utilities, Metals & Minerals, Mobility, Pharma, and Marine & Aquaculture. It also supplies automation products and streamlining solutions globally.

48GF Score

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€0.85

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