Lemonsoft Oyj (FRA:M36) Inventory Turnover: 48.25 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

FRA:M36 Lemonsoft Oyj FRA:M36
75 GF Score
Price €4.72
GF Value €6.74
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Lemonsoft Oyj Inventory Turnover?

Lemonsoft Oyj FRA:M36 +0.21% 75 Inventory Turnover is 48.25 as of Mar. 2026. GuruFocus rates FRA:M36 with a GF Score™ of 75/100 and a GF Value™ of €6.74 (Significantly 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. Lemonsoft Oyj's Cost of Goods Sold for the three months ended in Mar. 2026 was €4.49 Mil. Lemonsoft Oyj's Average Total Inventories for the quarter that ended in Mar. 2026 was €0.09 Mil. Lemonsoft Oyj's Inventory Turnover for the quarter that ended in Mar. 2026 was 48.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lemonsoft Oyj's Days Inventory for the three months ended in Mar. 2026 was 1.89.

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. Lemonsoft Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Lemonsoft Oyj  (FRA:M36) 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.

Lemonsoft Oyj'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
=0.093/4.487*365 / 4
=1.89

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.

Lemonsoft Oyj'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 )
=0.093 / 7.503
=0.01

* 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.

Lemonsoft Oyj Inventory Turnover Related Terms

Lemonsoft Oyj Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Lemonsoft Oyj'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.

Lemonsoft Oyj Inventory Turnover Chart

Lemonsoft Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 195.92 160.43 173.85 200.33 166.01

Lemonsoft Oyj 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 54.06 55.04 45.48 54.36 48.25
FRA:M36
75GF Score
Lemonsoft Oyj FRA:M36
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lemonsoft Oyj Inventory Turnover Calculation

Lemonsoft Oyj'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 )
=15.356 / ((0.088 + 0.097) / 2 )
=15.356 / 0.0925
=166.01

Lemonsoft Oyj'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 )
=4.487 / ((0.097 + 0.089) / 2 )
=4.487 / 0.093
=48.25

* 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 48.25 mean?
Lemonsoft Oyj (FRA:M36) has a Inventory Turnover of 48.25 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Lemonsoft Oyj and its competitors.
Is Lemonsoft Oyj's Inventory Turnover too high?
Lemonsoft Oyj's current Inventory Turnover is 48.25. Overall, Lemonsoft Oyj has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lemonsoft Oyj's Inventory Turnover compare to UBER and SHOP?
Lemonsoft Oyj's Inventory Turnover of 48.25 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 Lemonsoft Oyj and its competitors. Lemonsoft Oyj's current Inventory Turnover is 48.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemonsoft Oyj stock overvalued right now?
Based on GuruFocus' analysis, Lemonsoft Oyj (FRA:M36) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.74, compared to a current price of €4.72 — trading 30% below its estimated fair value. The current Inventory Turnover is 48.25. Lemonsoft Oyj's overall GF Score™ is 75/100 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 Lemonsoft Oyj (FRA:M36), the current Inventory Turnover is 48.25 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 Lemonsoft Oyj (FRA:M36) Overvalued in 2026?

Based on GuruFocus' analysis, Lemonsoft Oyj stock appears to be undervalued. The current stock price of €4.72 is trading 30% below its estimated GF Value™ of €6.74. GuruFocus considers Lemonsoft Oyj to be Significantly Undervalued.

Key valuation signals for FRA:M36:

  • Inventory Turnover: 48.25
  • GF Value™: €6.74 vs. price of €4.72 (30% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the FRA:M36 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lemonsoft Oyj Business Description

Other Exchanges LEMON:Finland
Address Vaasanpuistikko 20 A, 4th floor, Vaasa, FIN, 65100
Lemonsoft Oyj is a Finnish software company that designs, develops, and sells ERP software solutions to streamline its customers' processes across different business lines and administration. The Company operates in the ERP software market in Finland as a service provider for SMEs.
75GF Score

Get the complete analysis for FRA:M36

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

€4.72
Price
€6.74
GF Value