Keyera (FRA:K2Y) Inventory Turnover: 6.16 (As of Mar. 2026)

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

Valuation Significantly Overvalued

11 Warning Signs

View Full Analysis

What is Keyera Inventory Turnover?

Keyera FRA:K2Y +1.12% 82 Inventory Turnover is 6.16 as of Mar. 2026. GuruFocus rates FRA:K2Y with a GF Score™ of 82/100 and a GF Value™ of €25.36 (Significantly Overvalued). The stock has 11 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. Keyera's Cost of Goods Sold for the three months ended in Mar. 2026 was €817 Mil. Keyera's Average Total Inventories for the quarter that ended in Mar. 2026 was €133 Mil. Keyera's Inventory Turnover for the quarter that ended in Mar. 2026 was 6.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Keyera's Days Inventory for the three months ended in Mar. 2026 was 14.81.

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. Keyera's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.16.

Keyera (FRA:K2Y) 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.

Keyera'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
	=	132.5365	/	816.572	*	365 / 4
	=	14.81

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.

Keyera'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 )
	=	132.5365	/	820.027
	=	0.16

* 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.

Keyera Inventory Turnover Related Terms

Keyera Inventory Turnover Historical Data

* Premium members only.

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

Keyera Inventory Turnover Chart

Keyera Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

19.44

21.17

22.35

24.40

23.43

Keyera 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															5.43	5.01	5.53	5.75	6.16

82GF Score

Keyera Corp FRA:K2Y

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

View Full Analysis

Keyera Inventory Turnover Calculation

Keyera'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 )
=	3620.2	/ (	(181.136	+	127.831)	/	2 )
=	3620.2	/	154.4835
=	23.43

Keyera'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 )
=	816.572	/ (	(127.831	+	137.242)	/	2 )
=	816.572	/	132.5365
=	6.16

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 6.16 mean?

Keyera (FRA:K2Y) has a Inventory Turnover of 6.16 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Keyera and its competitors.

Is Keyera's Inventory Turnover too high?

Keyera's current Inventory Turnover is 6.16. Overall, Keyera has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Keyera's Inventory Turnover compare to WMB and EPD?

Keyera's Inventory Turnover of 6.16 can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 Keyera and its competitors. Keyera's current Inventory Turnover is 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Keyera stock overvalued right now?

Based on GuruFocus' analysis, Keyera (FRA:K2Y) is currently considered Significantly Overvalued. The stock's GF Value™ is €25.36, compared to a current price of €36.20 — trading 42.7% above its estimated fair value. The current Inventory Turnover is 6.16. Keyera's overall GF Score™ is 82/100 with 11 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 Keyera (FRA:K2Y), the current Inventory Turnover is 6.16 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 Keyera (FRA:K2Y) Overvalued in 2026?

Based on GuruFocus' analysis, Keyera stock appears to be overvalued. The current stock price of €36.20 is trading 42.7% above its estimated GF Value™ of €25.36. GuruFocus considers Keyera to be Significantly Overvalued.

Key valuation signals for FRA:K2Y:

Inventory Turnover: 6.16
GF Value™: €25.36 vs. price of €36.20 (42.7% above fair value)
GF Score™: 82/100 with 11 warning signs

No single metric tells the full story. See the FRA:K2Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Keyera Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:ALA TSX:SOBO TSX:GEI TSX:TPZ TSX:TWM TSXV:ATLE TSXV:SRR TSX:PPL TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG CQP VG

Other Exchanges KEYUF:USA KEY:Canada

Address 144 - 4th Avenue SW, Suite 200, The Ampersand, West Tower, Calgary, AB, CAN, T2P 3N4

Website https://www.keyera.com

Keyera Corp is a midstream energy business that operates out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of natural gas liquids, iso-octane, and crude oil. The company operates in three reportable segments namely Gathering and Processing, Liquids Infrastructure and Marketing where Liquids Infrastructure is the key revenue segment.

82GF Score

Get the complete analysis for FRA:K2Y

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

€36.20

Price

€25.36

GF Value

View FRA:K2Y Analysis

See Inventory Turnover data for all stocks →