VTech Holdings (FRA:VTCB) Inventory Turnover: 1.63 (As of Mar. 2026)

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FRA:VTCB VTech Holdings Ltd FRA:VTCB
81 GF Score
Price €5.80
GF Value €5.50
Valuation Fairly Valued
! 3 Warning Signs
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What is VTech Holdings Inventory Turnover?

VTech Holdings FRA:VTCB -5.69% 81 Inventory Turnover is 1.63 as of Mar. 2026. GuruFocus rates FRA:VTCB with a GF Score™ of 81/100 and a GF Value™ of €5.50 (Fairly Valued). 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. VTech Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was €596 Mil. VTech Holdings's Average Total Inventories for the quarter that ended in Mar. 2026 was €366 Mil. VTech Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VTech Holdings's Days Inventory for the six months ended in Mar. 2026 was 112.22.

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. VTech Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.41.

VTech Holdings  (FRA:VTCB) 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.

VTech Holdings's Days Inventory for the six 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
=366.38/595.812*365 / 2
=112.22

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.

VTech Holdings'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 )
=366.38 / 896.486
=0.41

* 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.

VTech Holdings Inventory Turnover Related Terms

VTech Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for VTech Holdings'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.

VTech Holdings Inventory Turnover Chart

VTech Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 3.17 3.64 4.22 3.46

VTech Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.77 1.91 1.92 1.60 1.63
FRA:VTCB
81GF Score
VTech Holdings Ltd FRA:VTCB
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VTech Holdings Inventory Turnover Calculation

VTech Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=1179.946 / ((333.74 + 348.508) / 2 )
=1179.946 / 341.124
=3.46

VTech Holdings'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=595.812 / ((384.252 + 348.508) / 2 )
=595.812 / 366.38
=1.63

* 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 1.63 mean?
VTech Holdings (FRA:VTCB) has a Inventory Turnover of 1.63 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on VTech Holdings and its competitors.
Is VTech Holdings' Inventory Turnover too high?
VTech Holdings' current Inventory Turnover is 1.63. Overall, VTech Holdings has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VTech Holdings' Inventory Turnover compare to CSCO and CIEN?
VTech Holdings' Inventory Turnover of 1.63 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 VTech Holdings and its competitors. VTech Holdings's current Inventory Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VTech Holdings stock overvalued right now?
Based on GuruFocus' analysis, VTech Holdings (FRA:VTCB) is currently considered Fairly Valued. The stock's GF Value™ is €5.50, compared to a current price of €5.80 — trading 5.5% above its estimated fair value. The current Inventory Turnover is 1.63. VTech Holdings' overall GF Score™ is 81/100 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 VTech Holdings (FRA:VTCB), the current Inventory Turnover is 1.63 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 VTech Holdings (FRA:VTCB) Overvalued in 2026?

Based on GuruFocus' analysis, VTech Holdings stock appears to be overvalued. The current stock price of €5.80 is trading 5.5% above its estimated GF Value™ of €5.50. GuruFocus considers VTech Holdings to be Fairly Valued.

Key valuation signals for FRA:VTCB:

  • Inventory Turnover: 1.63
  • GF Value™: €5.50 vs. price of €5.80 (5.5% above fair value)
  • GF Score™: 81/100 with 3 warning signs

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

VTech Holdings Business Description

Address Block 1, 57 Ting Kok Road, 23rd Floor, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG
VTech Holdings Ltd is engaged in the designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. The company's diverse collection of products includes Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors, and Hospitality Products. In addition, it offers turnkey services to customers in several product categories. The company operates through four reportable segments: North America, (including the United States and Canada), Europe, Asia Pacific, and Others, which covers sales of electronic products to the rest of the world. It generates maximum revenue from Europe.
81GF Score

Get the complete analysis for FRA:VTCB

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

€5.80
Price
€5.50
GF Value