Turnium Technology Group (FRA:E48) Inventory Turnover: 449.17 (As of Mar. 2026)

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What is Turnium Technology Group Inventory Turnover?

Turnium Technology Group FRA:E48 Inventory Turnover is 449.17 as of Mar. 2026. 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. Turnium Technology Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €2.70 Mil. Turnium Technology Group's Average Total Inventories for the quarter that ended in Mar. 2026 was €0.01 Mil. Turnium Technology Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 449.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turnium Technology Group's Days Inventory for the three months ended in Mar. 2026 was 0.20.

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. Turnium Technology Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.

Turnium Technology Group  (FRA:E48) 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.

Turnium Technology Group'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
=0.006/2.695*365 / 4
=0.20

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.

Turnium Technology Group'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 )
=0.006 / 4.063
=0.00

* 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.

Turnium Technology Group Inventory Turnover Related Terms

Turnium Technology Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Turnium Technology Group'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.

Turnium Technology Group Inventory Turnover Chart

Turnium Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 74.33 19.40 108.15

Turnium Technology Group 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 36.44 34.50 3.38 27.14 449.17

Turnium Technology Group Inventory Turnover Calculation

Turnium Technology Group's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=1.46 / ((0.015 + 0.012) / 2 )
=1.46 / 0.0135
=108.15

Turnium Technology Group'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 )
=2.695 / ((0.009 + 0.003) / 2 )
=2.695 / 0.006
=449.17

* 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 449.17 mean?
Turnium Technology Group (FRA:E48) has a Inventory Turnover of 449.17 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Turnium Technology Group and its competitors.
Is Turnium Technology Group's Inventory Turnover too high?
Turnium Technology Group's current Inventory Turnover is 449.17.
How does Turnium Technology Group's Inventory Turnover compare to MSFT and ORCL?
Turnium Technology Group's Inventory Turnover of 449.17 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Turnium Technology Group and its competitors. Turnium Technology Group's current Inventory Turnover is 449.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Turnium Technology Group (FRA:E48) is currently considered Possible Value Trap. The stock's GF Value™ is €0.04, compared to a current price of €0.02 — trading 40.5% below its estimated fair value. The current Inventory Turnover is 449.17. 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 Turnium Technology Group (FRA:E48), the current Inventory Turnover is 449.17 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.

Turnium Technology Group Business Description

Other Exchanges TTGI:Canada
Address 3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5
Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.