Shoulder Innovations (FRA:VB3) Inventory Turnover: 0.17 (As of Mar. 2026)


FRA:VB3 Shoulder Innovations Inc FRA:VB3
18 GF Score
Price €18.70
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What is Shoulder Innovations Inventory Turnover?

Shoulder Innovations FRA:VB3 +8.72% 18 Inventory Turnover is 0.17 as of Mar. 2026. GuruFocus rates FRA:VB3 with a GF Score™ of 18/100. The stock has 6 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. Shoulder Innovations's Cost of Goods Sold for the three months ended in Mar. 2026 was €3.22 Mil. Shoulder Innovations's Average Total Inventories for the quarter that ended in Mar. 2026 was €18.66 Mil. Shoulder Innovations's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shoulder Innovations's Days Inventory for the three months ended in Mar. 2026 was 528.98.

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. Shoulder Innovations's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.29.

Shoulder Innovations  (FRA:VB3) 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.

Shoulder Innovations'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
=18.6605/3.219*365 / 4
=528.98

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.

Shoulder Innovations'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 )
=18.6605 / 14.452
=1.29

* 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.

Shoulder Innovations Inventory Turnover Related Terms

Shoulder Innovations Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shoulder Innovations'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.

Shoulder Innovations Inventory Turnover Chart

Shoulder Innovations Annual Data
Trend Dec23 Dec24 Dec25
Inventory Turnover
0.40 0.62 0.60

Shoulder Innovations Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.17 0.15 0.16 0.17
FRA:VB3
18GF Score
Shoulder Innovations Inc FRA:VB3
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoulder Innovations Inventory Turnover Calculation

Shoulder Innovations'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 )
=9.492 / ((13.327 + 18.439) / 2 )
=9.492 / 15.883
=0.60

Shoulder Innovations'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 )
=3.219 / ((18.439 + 18.882) / 2 )
=3.219 / 18.6605
=0.17

* 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 0.17 mean?
Shoulder Innovations (FRA:VB3) has a Inventory Turnover of 0.17 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shoulder Innovations and its competitors.
Is Shoulder Innovations' Inventory Turnover too high?
Shoulder Innovations' current Inventory Turnover is 0.17. Overall, Shoulder Innovations has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shoulder Innovations' Inventory Turnover compare to ELMD and MASS?
Shoulder Innovations' Inventory Turnover of 0.17 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Inventory Turnover depends on the Medical Devices & Instruments 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 Shoulder Innovations and its competitors. Shoulder Innovations's current Inventory Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoulder Innovations stock overvalued right now?
Shoulder Innovations (FRA:VB3) has a current Inventory Turnover of 0.17. The current Inventory Turnover is 0.17. Shoulder Innovations' overall GF Score™ is 18/100 with 6 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 Shoulder Innovations (FRA:VB3), the current Inventory Turnover is 0.17 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.

Shoulder Innovations Business Description

Other Exchanges SI:USA
Address 1535 Steele Avenue SW, Suite B, Grand Rapids, MI, USA, 49507
Shoulder Innovations Inc is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. It currently offers advanced implant systems for shoulder arthroplasty. Its products include: InSet Total Shoulder Arthroplasty; InSet Reverse Shoulder Arthroplasty; ProVoyance Shoulder Planning Software; and InSet Tray System. Geographically, the company operates in United States and are planning to expand.
18GF Score

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