Heritage Global (FRA:LGC) Inventory Turnover: 1.58 (As of Mar. 2026)


FRA:LGC Heritage Global Inc FRA:LGC
73 GF Score
Price €1.03
GF Value €2.03
! 3 Warning Signs
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What is Heritage Global Inventory Turnover?

Heritage Global FRA:LGC 73 Inventory Turnover is 1.58 as of Mar. 2026. GuruFocus rates FRA:LGC with a GF Score™ of 73/100 and a GF Value™ of €2.03. The stock has 3 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. Heritage Global's Cost of Goods Sold for the three months ended in Mar. 2026 was €7.67 Mil. Heritage Global's Average Total Inventories for the quarter that ended in Mar. 2026 was €4.85 Mil. Heritage Global's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heritage Global's Days Inventory for the three months ended in Mar. 2026 was 57.63.

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. Heritage Global's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.44.

Heritage Global  (FRA:LGC) 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.

Heritage Global'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
=4.8455/7.672*365 / 4
=57.63

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.

Heritage Global'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 )
=4.8455 / 11.007
=0.44

* 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.

Heritage Global Inventory Turnover Related Terms

Heritage Global Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Heritage Global'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.

Heritage Global Inventory Turnover Chart

Heritage Global 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 8.60 9.56 7.97 6.10 6.24

Heritage Global 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 1.90 1.85 1.22 2.20 1.58
FRA:LGC
73GF Score
Heritage Global Inc FRA:LGC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Heritage Global Inventory Turnover Calculation

Heritage Global'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 )
=31.746 / ((5.107 + 5.065) / 2 )
=31.746 / 5.086
=6.24

Heritage Global'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 )
=7.672 / ((5.065 + 4.626) / 2 )
=7.672 / 4.8455
=1.58

* 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 1.58 mean?
Heritage Global (FRA:LGC) has a Inventory Turnover of 1.58 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Heritage Global and its competitors.
Is Heritage Global's Inventory Turnover too high?
Heritage Global's current Inventory Turnover is 1.58. Overall, Heritage Global has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's Inventory Turnover compare to MATH and GSIW?
Heritage Global's Inventory Turnover of 1.58 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Inventory Turnover depends on the Capital Markets 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 Heritage Global and its competitors. Heritage Global's current Inventory Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Heritage Global (FRA:LGC) has a current Inventory Turnover of 1.58. The stock's GF Value™ is €2.03, compared to a current price of €1.03 — trading 49.3% below its estimated fair value. The current Inventory Turnover is 1.58. Heritage Global's overall GF Score™ is 73/100 with 3 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 Heritage Global (FRA:LGC), the current Inventory Turnover is 1.58 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 Heritage Global (FRA:LGC) Overvalued in 2026?

Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued. The current stock price of €1.03 is trading 49.3% below its estimated GF Value™ of €2.03.

Key valuation signals for FRA:LGC:

  • Inventory Turnover: 1.58
  • GF Value™: €2.03 vs. price of €1.03 (49.3% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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

Heritage Global Business Description

Other Exchanges HGBL:USA
Address 6130 Nancy Ridge Drive, San Diego, San Diego, CA, USA, 92121
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
73GF Score

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

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