GLGI (Greystone Logistics) Inventory Turnover: 2.16 (As of May. 2026)

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GLGI Greystone Logistics Inc GLGI
27 GF Score
Price $0.25
GF Value $0.51
Valuation Possible Value Trap
! 4 Warning Signs
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What is Greystone Logistics Inventory Turnover?

Greystone Logistics GLGI +14.05% 27 Inventory Turnover is 2.16 as of May. 2026. GuruFocus rates GLGI with a GF Score™ of 27/100 and a GF Value™ of $0.51 (Possible Value Trap). The stock has 4 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. Greystone Logistics's Cost of Goods Sold for the three months ended in May. 2026 was $5.89 Mil. Greystone Logistics's Average Total Inventories for the quarter that ended in May. 2026 was $2.73 Mil. Greystone Logistics's Inventory Turnover for the quarter that ended in May. 2026 was 2.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Greystone Logistics's Days Inventory for the three months ended in May. 2026 was 42.21.

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. Greystone Logistics's Inventory-to-Revenue for the quarter that ended in May. 2026 was 0.49.

Greystone Logistics  (OTCPK:GLGI) 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.

Greystone Logistics's Days Inventory for the three months ended in May. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2026 )/Cost of Goods Sold (Q: May. 2026 )*Days in Period
=2.7258465/5.892474*365 / 4
=42.21

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.

Greystone Logistics's Inventory to Revenue for the quarter that ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2026 ) / Revenue (Q: May. 2026 )
=2.7258465 / 5.563327
=0.49

* 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.

Greystone Logistics Inventory Turnover Related Terms

Greystone Logistics Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Greystone Logistics'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.

Greystone Logistics Inventory Turnover Chart

Greystone Logistics Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.58 11.97 11.98 13.16 9.48

Greystone Logistics Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.35 2.99 2.58 1.77 2.16
GLGI
27GF Score
Greystone Logistics Inc GLGI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Greystone Logistics Inventory Turnover Calculation

Greystone Logistics's Inventory Turnover for the fiscal year that ended in May. 2026 is calculated as

Inventory Turnover (A: May. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2026 ) / ((Total Inventories (A: May. 2025 ) + Total Inventories (A: May. 2026 )) / count )
=29.253173 / ((3.484038 + 2.687737) / 2 )
=29.253173 / 3.0858875
=9.48

Greystone Logistics's Inventory Turnover for the quarter that ended in May. 2026 is calculated as

Inventory Turnover (Q: May. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2026 ) / ((Total Inventories (Q: Feb. 2026 ) + Total Inventories (Q: May. 2026 )) / count )
=5.892474 / ((2.763956 + 2.687737) / 2 )
=5.892474 / 2.7258465
=2.16

* 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 2.16 mean?
Greystone Logistics (GLGI) has a Inventory Turnover of 2.16 as of May. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Greystone Logistics and its competitors.
Is Greystone Logistics' Inventory Turnover too high?
Greystone Logistics' current Inventory Turnover is 2.16. Overall, Greystone Logistics has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greystone Logistics' Inventory Turnover compare to YMAT and SNES?
Greystone Logistics' Inventory Turnover of 2.16 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 Greystone Logistics and its competitors. Greystone Logistics's current Inventory Turnover is 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greystone Logistics stock overvalued right now?
Based on GuruFocus' analysis, Greystone Logistics (GLGI) is currently considered Possible Value Trap. The stock's GF Value™ is $0.51, compared to a current price of $0.25 — trading 50.8% below its estimated fair value. The current Inventory Turnover is 2.16. Greystone Logistics' overall GF Score™ is 27/100 with 4 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 Greystone Logistics (GLGI), the current Inventory Turnover is 2.16 as of May. 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 Greystone Logistics (GLGI) Overvalued in 2026?

Based on GuruFocus' analysis, Greystone Logistics stock appears to be undervalued. The current stock price of $0.25 is trading 50.8% below its estimated GF Value™ of $0.51. GuruFocus considers Greystone Logistics to be Possible Value Trap.

Key valuation signals for GLGI:

  • Inventory Turnover: 2.16
  • GF Value™: $0.51 vs. price of $0.25 (50.8% below fair value)
  • GF Score™: 27/100 with 4 warning signs

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

Greystone Logistics Business Description

Address 1613 East 15th Street, Tulsa, OK, USA, 74120
Greystone Logistics Inc is engaged in the business of manufacturing and selling plastic pallets utilizing recycled plastic that provide logistical solutions needed by a wide range of industries, such as the food and beverage, automotive, chemical, pharmaceutical, and consumer product industries. Its products include rackable pallets, can pallets, display pallets, monoblock pallet, rackable pallets, drum pallets, and a mid-duty pallet of different sizes and specifications. The company sells its products through one of its subsidiaries and a network of contractor distributors and direct sales.
27GF Score

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

$0.25
Price
$0.51
GF Value