MGP Ingredients (FRA:M1I) Inventory Turnover: 0.19 (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 →

MGP Ingredients Inc FRA:M1I

What is MGP Ingredients Inventory Turnover?

MGP Ingredients FRA:M1I 57 Inventory Turnover is 0.19 as of Mar. 2026. GuruFocus rates FRA:M1I with a GF Score™ of 57/100 and a GF Value™ of €25.97. The stock has 7 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. MGP Ingredients's Cost of Goods Sold for the three months ended in Mar. 2026 was €63.0 Mil. MGP Ingredients's Average Total Inventories for the quarter that ended in Mar. 2026 was €337.8 Mil. MGP Ingredients's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MGP Ingredients's Days Inventory for the three months ended in Mar. 2026 was 489.15.

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. MGP Ingredients's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 3.67.

MGP Ingredients (FRA:M1I) 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.

MGP Ingredients'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
	=	337.7745	/	63.011	*	365 / 4
	=	489.15

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.

MGP Ingredients'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 )
	=	337.7745	/	92.059
	=	3.67

* 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.

MGP Ingredients Inventory Turnover Related Terms

MGP Ingredients Inventory Turnover Historical Data

* Premium members only.

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

MGP Ingredients Inventory Turnover Chart

MGP Ingredients Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

2.27

2.03

1.65

1.20

0.85

MGP Ingredients 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															0.21	0.22	0.21	0.24	0.19

57GF Score

MGP Ingredients Inc FRA:M1I

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

View Full Analysis

MGP Ingredients Inventory Turnover Calculation

MGP Ingredients'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 )
=	287.769	/ (	(348.522	+	326.861)	/	2 )
=	287.769	/	337.6915
=	0.85

MGP Ingredients'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 )
=	63.011	/ (	(326.861	+	348.688)	/	2 )
=	63.011	/	337.7745
=	0.19

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.19 mean?

MGP Ingredients (FRA:M1I) has a Inventory Turnover of 0.19 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MGP Ingredients and its competitors.

Is MGP Ingredients' Inventory Turnover too high?

MGP Ingredients' current Inventory Turnover is 0.19. Overall, MGP Ingredients has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.

How does MGP Ingredients' Inventory Turnover compare to SNDL and AGCC?

MGP Ingredients' Inventory Turnover of 0.19 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?

A good Inventory Turnover depends on the Beverages - Alcoholic 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 MGP Ingredients and its competitors. MGP Ingredients's current Inventory Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is MGP Ingredients stock overvalued right now?

MGP Ingredients (FRA:M1I) has a current Inventory Turnover of 0.19. The stock's GF Value™ is €25.97, compared to a current price of €14.10 — trading 45.7% below its estimated fair value. The current Inventory Turnover is 0.19. MGP Ingredients' overall GF Score™ is 57/100 with 7 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 MGP Ingredients (FRA:M1I), the current Inventory Turnover is 0.19 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 MGP Ingredients (FRA:M1I) Overvalued in 2026?

Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued. The current stock price of €14.10 is trading 45.7% below its estimated GF Value™ of €25.97.

Key valuation signals for FRA:M1I:

Inventory Turnover: 0.19
GF Value™: €25.97 vs. price of €14.10 (45.7% below fair value)
GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the FRA:M1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGP Ingredients Business Description

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies SNDL AGCC CWGL AMSS YHC EPSM WVVI SBEV IBG SHSE:600519 LSE:DGE SZSE:000858 SHSE:600809 XPAR:RI SZSE:000568 BF.B BOM:532432 SZSE:002304 SGX:Y92 MIL:CPR

Other Exchanges MGPI:USA

Address 100 Commercial Street, Box 130, Atchison, KS, USA, 66002

Website https://www.mgpingredients.com

MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.

57GF Score

Get the complete analysis for FRA:M1I

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

€14.10

Price

€25.97

GF Value

View FRA:M1I Analysis

See Inventory Turnover data for all stocks →