Harboes Bryggeri AS (FRA:DX4) Inventory Turnover: 1.62 (As of Apr. 2026)


FRA:DX4 Harboes Bryggeri AS FRA:DX4
67 GF Score
Price €14.46
GF Value €15.95
! 5 Warning Signs
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What is Harboes Bryggeri AS Inventory Turnover?

Harboes Bryggeri AS FRA:DX4 -1.09% 67 Inventory Turnover is 1.62 as of Apr. 2026. GuruFocus rates FRA:DX4 with a GF Score™ of 67/100 and a GF Value™ of €15.95. 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. Harboes Bryggeri AS's Cost of Goods Sold for the three months ended in Apr. 2026 was €46.4 Mil. Harboes Bryggeri AS's Average Total Inventories for the quarter that ended in Apr. 2026 was €28.7 Mil. Harboes Bryggeri AS's Inventory Turnover for the quarter that ended in Apr. 2026 was 1.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harboes Bryggeri AS's Days Inventory for the three months ended in Apr. 2026 was 56.40.

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. Harboes Bryggeri AS's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.49.

Harboes Bryggeri AS  (FRA:DX4) 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.

Harboes Bryggeri AS'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
=28.667/46.384*365 / 4
=56.40

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.

Harboes Bryggeri AS'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 )
=28.667 / 58.289
=0.49

* 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.

Harboes Bryggeri AS Inventory Turnover Related Terms

Harboes Bryggeri AS Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Harboes Bryggeri AS'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.

Harboes Bryggeri AS Inventory Turnover Chart

Harboes Bryggeri AS 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 7.50 7.28 7.32 7.44 6.58

Harboes Bryggeri AS 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 1.75 1.73 1.67 1.54 1.62
FRA:DX4
67GF Score
Harboes Bryggeri AS FRA:DX4
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Harboes Bryggeri AS Inventory Turnover Calculation

Harboes Bryggeri AS'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 )
=184.622 / ((26.701 + 29.426) / 2 )
=184.622 / 28.0635
=6.58

Harboes Bryggeri AS'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 )
=46.384 / ((27.908 + 29.426) / 2 )
=46.384 / 28.667
=1.62

* 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 1.62 mean?
Harboes Bryggeri AS (FRA:DX4) has a Inventory Turnover of 1.62 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Harboes Bryggeri AS and its competitors.
Is Harboes Bryggeri AS's Inventory Turnover too high?
Harboes Bryggeri AS's current Inventory Turnover is 1.62. Overall, Harboes Bryggeri AS has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's Inventory Turnover compare to BUD and STZ?
Harboes Bryggeri AS's Inventory Turnover of 1.62 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Inventory Turnover depends on the Beverages - Alcoholic 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 Harboes Bryggeri AS and its competitors. Harboes Bryggeri AS's current Inventory Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current Inventory Turnover of 1.62. The stock's GF Value™ is €15.95, compared to a current price of €14.46 — trading 9.3% below its estimated fair value. The current Inventory Turnover is 1.62. Harboes Bryggeri AS's overall GF Score™ is 67/100 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 Harboes Bryggeri AS (FRA:DX4), the current Inventory Turnover is 1.62 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?

Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued. The current stock price of €14.46 is trading 9.3% below its estimated GF Value™ of €15.95.

Key valuation signals for FRA:DX4:

  • Inventory Turnover: 1.62
  • GF Value™: €15.95 vs. price of €14.46 (9.3% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Harboes Bryggeri AS Business Description

Other Exchanges 0ENE:UKHARB B:Denmark
Address Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
67GF Score

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

€14.46
Price
€15.95
GF Value