Premium Snacks Nordic AB (FRA:N3K) Inventory Turnover: 1.78 (As of Mar. 2026)

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FRA:N3K Premium Snacks Nordic AB FRA:N3K
77 GF Score
Price €2.93
GF Value €2.28
Valuation Modestly Overvalued
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What is Premium Snacks Nordic AB Inventory Turnover?

Premium Snacks Nordic AB FRA:N3K -0.51% 77 Inventory Turnover is 1.78 as of Mar. 2026. GuruFocus rates FRA:N3K with a GF Score™ of 77/100 and a GF Value™ of €2.28 (Modestly Overvalued).

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. Premium Snacks Nordic AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €8.12 Mil. Premium Snacks Nordic AB's Average Total Inventories for the quarter that ended in Mar. 2026 was €4.58 Mil. Premium Snacks Nordic AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premium Snacks Nordic AB's Days Inventory for the three months ended in Mar. 2026 was 51.40.

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. Premium Snacks Nordic AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.34.

Premium Snacks Nordic AB  (FRA:N3K) 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.

Premium Snacks Nordic AB'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
=4.576/8.124*365 / 4
=51.40

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.

Premium Snacks Nordic AB'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 )
=4.576 / 13.427
=0.34

* 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.

Premium Snacks Nordic AB Inventory Turnover Related Terms

Premium Snacks Nordic AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Premium Snacks Nordic AB'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.

Premium Snacks Nordic AB Inventory Turnover Chart

Premium Snacks Nordic AB 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 7.94 6.92 6.65 7.31 8.16

Premium Snacks Nordic AB 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 1.94 2.01 1.91 2.00 1.78
FRA:N3K
77GF Score
Premium Snacks Nordic AB FRA:N3K
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Premium Snacks Nordic AB Inventory Turnover Calculation

Premium Snacks Nordic AB'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 )
=31.074 / ((3.113 + 4.499) / 2 )
=31.074 / 3.806
=8.16

Premium Snacks Nordic AB'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 )
=8.124 / ((4.499 + 4.653) / 2 )
=8.124 / 4.576
=1.78

* 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 1.78 mean?
Premium Snacks Nordic AB (FRA:N3K) has a Inventory Turnover of 1.78 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Premium Snacks Nordic AB and its competitors.
Is Premium Snacks Nordic AB's Inventory Turnover too high?
Premium Snacks Nordic AB's current Inventory Turnover is 1.78. Overall, Premium Snacks Nordic AB has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premium Snacks Nordic AB's Inventory Turnover compare to KHC and GIS?
Premium Snacks Nordic AB's Inventory Turnover of 1.78 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Premium Snacks Nordic AB and its competitors. Premium Snacks Nordic AB's current Inventory Turnover is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Snacks Nordic AB stock overvalued right now?
Based on GuruFocus' analysis, Premium Snacks Nordic AB (FRA:N3K) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.28, compared to a current price of €2.93 — trading 28.5% above its estimated fair value. The current Inventory Turnover is 1.78. Premium Snacks Nordic AB's overall GF Score™ is 77/100. 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 Premium Snacks Nordic AB (FRA:N3K), the current Inventory Turnover is 1.78 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 Premium Snacks Nordic AB (FRA:N3K) Overvalued in 2026?

Based on GuruFocus' analysis, Premium Snacks Nordic AB stock appears to be overvalued. The current stock price of €2.93 is trading 28.5% above its estimated GF Value™ of €2.28. GuruFocus considers Premium Snacks Nordic AB to be Modestly Overvalued.

Key valuation signals for FRA:N3K:

  • Inventory Turnover: 1.78
  • GF Value™: €2.28 vs. price of €2.93 (28.5% above fair value)
  • GF Score™: 77/100

No single metric tells the full story. See the FRA:N3K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Premium Snacks Nordic AB Business Description

Other Exchanges SNX:Sweden
Address Kullsgardsvagen 18, Laholm, SWE, 312 34
Premium Snacks Nordic AB develops, manufactures and sells high-quality snacks under the brands Gardschips and Exotic Snacks. Under the Exotic Snacks brand, consumers are offered a wide range of high-quality snack products that include everything from natural and spiced nuts, to chocolate dragees, licorice, Asian rice snacks and exotic dried fruits.
77GF Score

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

€2.93
Price
€2.28
GF Value