Granite Construction (FRA:GRG) Inventory Turnover: 5.18 (As of Mar. 2026)

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FRA:GRG Granite Construction Inc FRA:GRG
77 GF Score
Price €108.00
GF Value €93.56
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Granite Construction Inventory Turnover?

Granite Construction FRA:GRG +2.86% 77 Inventory Turnover is 5.18 as of Mar. 2026. GuruFocus rates FRA:GRG with a GF Score™ of 77/100 and a GF Value™ of €93.56 (Modestly Overvalued). The stock has 1 warning sign 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. Granite Construction's Cost of Goods Sold for the three months ended in Mar. 2026 was €694 Mil. Granite Construction's Average Total Inventories for the quarter that ended in Mar. 2026 was €134 Mil. Granite Construction's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Granite Construction's Days Inventory for the three months ended in Mar. 2026 was 17.63.

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. Granite Construction's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.17.

Granite Construction  (FRA:GRG) 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.

Granite Construction'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
=134.117/694.214*365 / 4
=17.63

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.

Granite Construction'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 )
=134.117 / 789.282
=0.17

* 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.

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.

Granite Construction Inventory Turnover Related Terms

Granite Construction Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Granite Construction'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.

Granite Construction Inventory Turnover Chart

Granite Construction Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.33 40.47 32.21 33.04 28.12

Granite Construction 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 5.13 7.03 8.56 6.93 5.18
FRA:GRG
77GF Score
Granite Construction Inc FRA:GRG
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Construction Inventory Turnover Calculation

Granite Construction'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 )
=3171.042 / ((103.307 + 122.232) / 2 )
=3171.042 / 112.7695
=28.12

Granite Construction'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 )
=694.214 / ((122.232 + 146.002) / 2 )
=694.214 / 134.117
=5.18

* 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 5.18 mean?
Granite Construction (FRA:GRG) has a Inventory Turnover of 5.18 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Granite Construction and its competitors.
Is Granite Construction's Inventory Turnover too high?
Granite Construction's current Inventory Turnover is 5.18. Overall, Granite Construction has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granite Construction's Inventory Turnover compare to ACA and ROAD?
Granite Construction's Inventory Turnover of 5.18 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 Granite Construction and its competitors. Granite Construction's current Inventory Turnover is 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Construction stock overvalued right now?
Based on GuruFocus' analysis, Granite Construction (FRA:GRG) is currently considered Modestly Overvalued. The stock's GF Value™ is €93.56, compared to a current price of €108.00 — trading 15.4% above its estimated fair value. The current Inventory Turnover is 5.18. Granite Construction's overall GF Score™ is 77/100 with 1 warning sign 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 Granite Construction (FRA:GRG), the current Inventory Turnover is 5.18 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 Granite Construction (FRA:GRG) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Construction stock appears to be overvalued. The current stock price of €108.00 is trading 15.4% above its estimated GF Value™ of €93.56. GuruFocus considers Granite Construction to be Modestly Overvalued.

Key valuation signals for FRA:GRG:

  • Inventory Turnover: 5.18
  • GF Value™: €93.56 vs. price of €108.00 (15.4% above fair value)
  • GF Score™: 77/100 with 1 warning sign

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

Granite Construction Business Description

Other Exchanges GVA:USAGRG:Germany
Address 585 West Beach Street, Watsonville, CA, USA, 95076
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. The company focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, dams, tunnels, and other infrastructure projects. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's Construction operating segment, and rest from Materials segment.
77GF Score

Get the complete analysis for FRA:GRG

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

€108.00
Price
€93.56
GF Value