GLGLF (GLG Life Tech) Inventory Turnover: 1.34 (As of Mar. 2026)

What is GLG Life Tech Inventory Turnover?

GLG Life Tech GLGLF -90.00% Inventory Turnover is 1.34 as of Mar. 2026. The stock has 11 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. GLG Life Tech's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.49 Mil. GLG Life Tech's Average Total Inventories for the quarter that ended in Mar. 2026 was $1.11 Mil. GLG Life Tech's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GLG Life Tech's Days Inventory for the three months ended in Mar. 2026 was 68.35.

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. GLG Life Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.65.

GLG Life Tech (OTCPK:GLGLF) 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.

GLG Life Tech'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
	=	1.113	/	1.486	*	365 / 4
	=	68.35

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.

GLG Life Tech'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 )
	=	1.113	/	1.703
	=	0.65

* 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.

GLG Life Tech Inventory Turnover Related Terms

GLG Life Tech Inventory Turnover Historical Data

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The historical data trend for GLG Life Tech's Inventory Turnover can be seen below:

GLG Life Tech Inventory Turnover Chart

GLG Life Tech Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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2.45

2.44

10.33

11.32

5.37

GLG Life Tech 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															1.36	1.19	1.07	1.13	1.34

GLG Life Tech Inventory Turnover Calculation

GLG Life Tech'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 )
=	6.38	/ (	(1.147	+	1.23)	/	2 )
=	6.38	/	1.1885
=	5.37

GLG Life Tech'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 )
=	1.486	/ (	(1.23	+	0.996)	/	2 )
=	1.486	/	1.113
=	1.34

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.34 mean?

GLG Life Tech (GLGLF) has a Inventory Turnover of 1.34 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on GLG Life Tech and its competitors.

Is GLG Life Tech's Inventory Turnover too high?

GLG Life Tech's current Inventory Turnover is 1.34.

How does GLG Life Tech's Inventory Turnover compare to ADM and TSN?

GLG Life Tech's Inventory Turnover of 1.34 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?

A good Inventory Turnover depends on the Consumer Packaged Goods 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 GLG Life Tech and its competitors. GLG Life Tech's current Inventory Turnover is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is GLG Life Tech stock overvalued right now?

GLG Life Tech (GLGLF) has a current Inventory Turnover of 1.34. The current Inventory Turnover is 1.34. 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 GLG Life Tech (GLGLF), the current Inventory Turnover is 1.34 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.

GLG Life Tech Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies XCNQ:AFI XCNQ:ULTA TSXV:POND TSXV:PTFY ADM SZSE:002714 TSN SZSE:300498 SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002157 SZSE:002385 OSL:BAKKA

Address 13071 Vanier Place, Suite 220, Richmond, BC, CAN, V6V 2J1

Website https://www.glglifetech.com

GLG Life Tech Corp is a supplier of stevia extract, an all-natural sweetener extracted from the stevia plant, and monk fruit extract, an all-natural sweetener extracted from monk fruit (also known as luo han guo). The company specializes in the research and development and, through its long-term contractual relationship with a Chinese firm, produces these extracts for distribution to the food and beverage industry globally. Furthermore, it has expanded its product offerings through the supply of ingredients complementary to the natural high-intensity sweetener market under its Naturals+ product line. GLG has only one reportable segment: the Natural Sweeteners Products segment. Geographically, the company generates maximum revenue from North America and the rest from other markets.