CEZ AS (FRA:CEZ) Inventory Turnover: 1.71 (As of Mar. 2026)

What is CEZ AS Inventory Turnover?

CEZ AS FRA:CEZ +1.39% 94 Inventory Turnover is 1.71 as of Mar. 2026. GuruFocus rates FRA:CEZ with a GF Score™ of 94/100 and a GF Value™ of €44.82 (Modestly Overvalued). The stock has 8 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. CEZ AS's Cost of Goods Sold for the three months ended in Mar. 2026 was €1,521 Mil. CEZ AS's Average Total Inventories for the quarter that ended in Mar. 2026 was €888 Mil. CEZ AS's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CEZ AS's Days Inventory for the three months ended in Mar. 2026 was 53.27.

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. CEZ AS's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.26.

CEZ AS (FRA:CEZ) 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.

CEZ AS'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
	=	887.887	/	1521.021	*	365 / 4
	=	53.27

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.

CEZ AS'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 )
	=	887.887	/	3448.942
	=	0.26

* 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.

CEZ AS Inventory Turnover Related Terms

CEZ AS Inventory Turnover Historical Data

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The historical data trend for CEZ AS's Inventory Turnover can be seen below:

CEZ AS Inventory Turnover Chart

CEZ AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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10.06

8.18

7.26

7.52

6.93

CEZ AS 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															2.06	1.53	1.29	1.83	1.71

94GF Score

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

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CEZ AS Inventory Turnover Calculation

CEZ AS'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 )
=	6094.07	/ (	(825.569	+	932.227)	/	2 )
=	6094.07	/	878.898
=	6.93

CEZ AS'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 )
=	1521.021	/ (	(932.227	+	843.547)	/	2 )
=	1521.021	/	887.887
=	1.71

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.71 mean?

CEZ AS (FRA:CEZ) has a Inventory Turnover of 1.71 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CEZ AS and its competitors.

Is CEZ AS's Inventory Turnover too high?

CEZ AS's current Inventory Turnover is 1.71. Overall, CEZ AS has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does CEZ AS's Inventory Turnover compare to NEE and SO?

CEZ AS's Inventory Turnover of 1.71 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?

A good Inventory Turnover depends on the Utilities - Regulated 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 CEZ AS and its competitors. CEZ AS's current Inventory Turnover is 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CEZ AS stock overvalued right now?

Based on GuruFocus' analysis, CEZ AS (FRA:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.82, compared to a current price of €51.00 — trading 13.8% above its estimated fair value. The current Inventory Turnover is 1.71. CEZ AS's overall GF Score™ is 94/100 with 8 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 CEZ AS (FRA:CEZ), the current Inventory Turnover is 1.71 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 CEZ AS (FRA:CEZ) Overvalued in 2026?

Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued. The current stock price of €51.00 is trading 13.8% above its estimated GF Value™ of €44.82. GuruFocus considers CEZ AS to be Modestly Overvalued.

Key valuation signals for FRA:CEZ:

Inventory Turnover: 1.71
GF Value™: €44.82 vs. price of €51.00 (13.8% above fair value)
GF Score™: 94/100 with 8 warning signs

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

CEZ AS Business Description

Industry Utilities Utilities - Regulated

Comparable Companies NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE PEG ED WEC PCG BOM:532555 AEE DTE TSX:FTS CNP EIX

Other Exchanges CEZ:Poland 0NZF:UK CEZ:Czech Republic

Address Duhova 2/1444, Praha 4, Prague, CZE, 140 53

Website https://www.cez.cz

CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.

94GF Score

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€51.00

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€44.82

GF Value

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