PPG Industries (FRA:PPQ) Inventory Turnover: 1.10 (As of Mar. 2026)

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FRA:PPQ PPG Industries Inc FRA:PPQ
86 GF Score
Price €98.52
GF Value €120.03
Valuation Modestly Undervalued
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What is PPG Industries Inventory Turnover?

PPG Industries FRA:PPQ -3.22% 86 Inventory Turnover is 1.10 as of Mar. 2026. GuruFocus rates FRA:PPQ with a GF Score™ of 86/100 and a GF Value™ of €120.03 (Modestly Undervalued).

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. PPG Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was €1,968 Mil. PPG Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was €1,787 Mil. PPG Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PPG Industries's Days Inventory for the three months ended in Mar. 2026 was 82.88.

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. PPG Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.53.

PPG Industries  (FRA:PPQ) 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.

PPG Industries'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
=1787.357/1967.875*365 / 4
=82.88

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.

PPG Industries'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 )
=1787.357 / 3399.45
=0.53

* 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.

PPG Industries Inventory Turnover Related Terms

PPG Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for PPG Industries'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.

PPG Industries Inventory Turnover Chart

PPG Industries 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 5.44 4.63 4.53 5.00 4.59

PPG Industries 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 1.07 1.09 1.09 1.11 1.10
FRA:PPQ
86GF Score
PPG Industries Inc FRA:PPQ
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PPG Industries Inventory Turnover Calculation

PPG Industries'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 )
=7955.864 / ((1762.93 + 1704.584) / 2 )
=7955.864 / 1733.757
=4.59

PPG Industries'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 )
=1967.875 / ((1704.584 + 1870.13) / 2 )
=1967.875 / 1787.357
=1.10

* 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 1.10 mean?
PPG Industries (FRA:PPQ) has a Inventory Turnover of 1.10 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PPG Industries and its competitors.
Is PPG Industries' Inventory Turnover too high?
PPG Industries' current Inventory Turnover is 1.10. Overall, PPG Industries has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PPG Industries' Inventory Turnover compare to IFF and DD?
PPG Industries' Inventory Turnover of 1.10 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 PPG Industries and its competitors. PPG Industries's current Inventory Turnover is 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPG Industries stock overvalued right now?
Based on GuruFocus' analysis, PPG Industries (FRA:PPQ) is currently considered Modestly Undervalued. The stock's GF Value™ is €120.03, compared to a current price of €98.52 — trading 17.9% below its estimated fair value. The current Inventory Turnover is 1.10. PPG Industries' overall GF Score™ is 86/100. 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 PPG Industries (FRA:PPQ), the current Inventory Turnover is 1.10 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 PPG Industries (FRA:PPQ) Overvalued in 2026?

Based on GuruFocus' analysis, PPG Industries stock appears to be undervalued. The current stock price of €98.52 is trading 17.9% below its estimated GF Value™ of €120.03. GuruFocus considers PPG Industries to be Modestly Undervalued.

Key valuation signals for FRA:PPQ:

  • Inventory Turnover: 1.10
  • GF Value™: €120.03 vs. price of €98.52 (17.9% below fair value)
  • GF Score™: 86/100

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

PPG Industries Business Description

Address One PPG Place, Pittsburgh, PA, USA, 15272
PPG is the world's second-largest producer of paints and coatings. PPG's products are sold to a wide variety of end users, including industrial segments such as automotive, aerospace, and protective and marine, as well as paint contractors and do-it-yourself customers. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years.
86GF Score

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

€98.52
Price
€120.03
GF Value