Varex Imaging (FRA:VI4) Inventory Turnover: 0.43 (As of Mar. 2026)

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FRA:VI4 Varex Imaging Corp FRA:VI4
69 GF Score
Price €9.10
GF Value €11.99
! 3 Warning Signs
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What is Varex Imaging Inventory Turnover?

Varex Imaging FRA:VI4 -0.55% 69 Inventory Turnover is 0.43 as of Mar. 2026. GuruFocus rates FRA:VI4 with a GF Score™ of 69/100 and a GF Value™ of €11.99. The stock has 3 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. Varex Imaging's Cost of Goods Sold for the three months ended in Mar. 2026 was €124.0 Mil. Varex Imaging's Average Total Inventories for the quarter that ended in Mar. 2026 was €290.0 Mil. Varex Imaging's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Varex Imaging's Days Inventory for the three months ended in Mar. 2026 was 213.34.

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. Varex Imaging's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.55.


Varex Imaging  (FRA:VI4) 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.

Varex Imaging'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
=290.0035/124.041*365 / 4
=213.34

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.

Varex Imaging'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 )
=290.0035 / 186.84
=1.55

* 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.


Varex Imaging Inventory Turnover Related Terms


Varex Imaging Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Varex Imaging'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.

Varex Imaging Inventory Turnover Chart

Varex Imaging Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 2.34 2.00 2.00 1.91

Varex Imaging 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 0.47 0.45 0.50 0.45 0.43
FRA:VI4
69GF Score
Varex Imaging Corp FRA:VI4
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Varex Imaging Inventory Turnover Calculation

Varex Imaging's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=472.093 / ((238.585 + 255.089) / 2 )
=472.093 / 246.837
=1.91

Varex Imaging'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 )
=124.041 / ((280.112 + 299.895) / 2 )
=124.041 / 290.0035
=0.43

* 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 0.43 mean?
Varex Imaging (FRA:VI4) has a Inventory Turnover of 0.43 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Varex Imaging and its competitors.
Is Varex Imaging's Inventory Turnover too high?
Varex Imaging's current Inventory Turnover is 0.43. Overall, Varex Imaging has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Varex Imaging's Inventory Turnover compare to VMD and DCTH?
Varex Imaging's Inventory Turnover of 0.43 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 Varex Imaging and its competitors. Varex Imaging's current Inventory Turnover is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varex Imaging stock overvalued right now?
Varex Imaging (FRA:VI4) has a current Inventory Turnover of 0.43. The stock's GF Value™ is €11.99, compared to a current price of €9.10 — trading 24.1% below its estimated fair value. The current Inventory Turnover is 0.43. Varex Imaging's overall GF Score™ is 69/100 with 3 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 Varex Imaging (FRA:VI4), the current Inventory Turnover is 0.43 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 Varex Imaging (FRA:VI4) Overvalued in 2026?

Based on GuruFocus' analysis, Varex Imaging stock appears to be undervalued. The current stock price of €9.10 is trading 24.1% below its estimated GF Value™ of €11.99.

Key valuation signals for FRA:VI4:

  • Inventory Turnover: 0.43
  • GF Value™: €11.99 vs. price of €9.10 (24.1% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the FRA:VI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Varex Imaging Business Description

Other Exchanges VREX:USA
Address 1678 S. Pioneer Road, Salt Lake City, UT, USA, 84104
Varex Imaging Corp Designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, detectors, ionization chambers, high-voltage connectors, software, collimators, generators, exposure control devices, and heat exchangers.. The company operates through two segments: Medical, the key revenue driver, providing X-ray imaging components and accessories for healthcare applications, and Industrial, which provides Linatron X-ray accelerators, X-ray tubes, flat panel detectors, high-voltage connectors, and coolers for non-medical use. Geographically, it generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), with the rest coming from the Americas and Asia Pacific.
69GF Score

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

€9.10
Price
€11.99
GF Value