Formula Systems (1985) (FRA:FSY) Inventory Turnover: 17.90 (As of Mar. 2026)

What is Formula Systems (1985) Inventory Turnover?

Formula Systems (1985) FRA:FSY +2.42% 69 Inventory Turnover is 17.90 as of Mar. 2026. GuruFocus rates FRA:FSY with a GF Score™ of 69/100 and a GF Value™ of €100.75 (Modestly Undervalued). The stock has 4 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. Formula Systems (1985)'s Cost of Goods Sold for the three months ended in Mar. 2026 was €512 Mil. Formula Systems (1985)'s Average Total Inventories for the quarter that ended in Mar. 2026 was €29 Mil. Formula Systems (1985)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 17.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Formula Systems (1985)'s Days Inventory for the three months ended in Mar. 2026 was 5.10.

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. Formula Systems (1985)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.

Formula Systems (1985) (FRA:FSY) 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.

Formula Systems (1985)'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
	=	28.618	/	512.296	*	365 / 4
	=	5.10

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.

Formula Systems (1985)'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 )
	=	28.618	/	638.617
	=	0.04

* 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.

Formula Systems (1985) Inventory Turnover Related Terms

Formula Systems (1985) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Formula Systems (1985)'s Inventory Turnover can be seen below:

Formula Systems (1985) Inventory Turnover Chart

Formula Systems (1985) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

84.62

70.81

43.19

49.89

65.25

Formula Systems (1985) 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															16.78	14.35	14.91	20.13	17.90

69GF Score

Formula Systems (1985) Ltd FRA:FSY

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

View Full Analysis

Formula Systems (1985) Inventory Turnover Calculation

Formula Systems (1985)'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 )
=	1800.2	/ (	(29.345	+	25.833)	/	2 )
=	1800.2	/	27.589
=	65.25

Formula Systems (1985)'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 )
=	512.296	/ (	(25.833	+	31.403)	/	2 )
=	512.296	/	28.618
=	17.90

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 17.90 mean?

Formula Systems (1985) (FRA:FSY) has a Inventory Turnover of 17.90 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Formula Systems (1985) and its competitors.

Is Formula Systems (1985)'s Inventory Turnover too high?

Formula Systems (1985)'s current Inventory Turnover is 17.90. Overall, Formula Systems (1985) has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Formula Systems (1985)'s Inventory Turnover compare to IBM and ACN?

Formula Systems (1985)'s Inventory Turnover of 17.90 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 Formula Systems (1985) and its competitors. Formula Systems (1985)'s current Inventory Turnover is 17.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Formula Systems (1985) stock overvalued right now?

Based on GuruFocus' analysis, Formula Systems (1985) (FRA:FSY) is currently considered Modestly Undervalued. The stock's GF Value™ is €100.75, compared to a current price of €84.50 — trading 16.1% below its estimated fair value. The current Inventory Turnover is 17.90. Formula Systems (1985)'s overall GF Score™ is 69/100 with 4 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 Formula Systems (1985) (FRA:FSY), the current Inventory Turnover is 17.90 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 Formula Systems (1985) (FRA:FSY) Overvalued in 2026?

Based on GuruFocus' analysis, Formula Systems (1985) stock appears to be undervalued. The current stock price of €84.50 is trading 16.1% below its estimated GF Value™ of €100.75. GuruFocus considers Formula Systems (1985) to be Modestly Undervalued.

Key valuation signals for FRA:FSY:

Inventory Turnover: 17.90
GF Value™: €100.75 vs. price of €84.50 (16.1% below fair value)
GF Score™: 69/100 with 4 warning signs

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

Formula Systems (1985) Business Description

Industry Technology Software

Comparable Companies XTAE:HLAN XTAE:MTRX XTAE:MLTM XTAE:CMDR XTAE:MLTH XTAE:PEAX XTAE:TNDO XTAE:SPDV XTAE:UPSL IBM NSE:TCS ACN NSE:INFY TSE:6702 TSE:6701 NSE:HCLTECH FISV XMAD:AMS FIS BOM:507685

Other Exchanges FORTY:USA FORTY:Israel

Address Terminal Center, 1 Yahadut Canada Street, Or Yehuda, Tel Aviv, ISR, 6037501

Website https://www.formulasystems.com

Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.

69GF Score

Get the complete analysis for FRA:FSY

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

€84.50

Price

€100.75

GF Value

View FRA:FSY Analysis

See Inventory Turnover data for all stocks →