GRNWF (Greenlane Renewables) Inventory Turnover: 2.58 (As of Mar. 2026)

What is Greenlane Renewables Inventory Turnover?

Greenlane Renewables GRNWF 50 Inventory Turnover is 2.58 as of Mar. 2026. GuruFocus rates GRNWF with a GF Score™ of 50/100 and a GF Value™ of $0.09 (Significantly Overvalued). 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. Greenlane Renewables's Cost of Goods Sold for the three months ended in Mar. 2026 was $4.17 Mil. Greenlane Renewables's Average Total Inventories for the quarter that ended in Mar. 2026 was $1.61 Mil. Greenlane Renewables's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Greenlane Renewables's Days Inventory for the three months ended in Mar. 2026 was 35.32.

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. Greenlane Renewables's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.23.

Greenlane Renewables (OTCPK:GRNWF) 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.

Greenlane Renewables'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
	=	1.6125	/	4.166	*	365 / 4
	=	35.32

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.

Greenlane Renewables'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 )
	=	1.6125	/	6.956
	=	0.23

* 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.

Greenlane Renewables Inventory Turnover Related Terms

Greenlane Renewables Inventory Turnover Historical Data

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The historical data trend for Greenlane Renewables's Inventory Turnover can be seen below:

Greenlane Renewables Inventory Turnover Chart

Greenlane Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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35.27

57.41

27.05

24.17

20.78

Greenlane Renewables 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															4.25	5.91	5.22	4.43	2.58

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Greenlane Renewables Inventory Turnover Calculation

Greenlane Renewables'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 )
=	19.057	/ (	(0.575	+	1.259)	/	2 )
=	19.057	/	0.917
=	20.78

Greenlane Renewables'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 )
=	4.166	/ (	(1.259	+	1.966)	/	2 )
=	4.166	/	1.6125
=	2.58

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.58 mean?

Greenlane Renewables (GRNWF) has a Inventory Turnover of 2.58 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Greenlane Renewables and its competitors.

Is Greenlane Renewables' Inventory Turnover too high?

Greenlane Renewables' current Inventory Turnover is 2.58. Overall, Greenlane Renewables has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Greenlane Renewables' Inventory Turnover compare to GEV and ETN?

Greenlane Renewables' Inventory Turnover of 2.58 can be compared against companies in the Industrial Products 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 an Industrial Products company?

A good Inventory Turnover depends on the Industrial Products 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 Greenlane Renewables and its competitors. Greenlane Renewables's current Inventory Turnover is 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Greenlane Renewables stock overvalued right now?

Based on GuruFocus' analysis, Greenlane Renewables (GRNWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.09, compared to a current price of $0.14 — trading 57.3% above its estimated fair value. The current Inventory Turnover is 2.58. Greenlane Renewables' overall GF Score™ is 50/100 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 Greenlane Renewables (GRNWF), the current Inventory Turnover is 2.58 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 Greenlane Renewables (GRNWF) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlane Renewables stock appears to be overvalued. The current stock price of $0.14 is trading 57.3% above its estimated GF Value™ of $0.09. GuruFocus considers Greenlane Renewables to be Significantly Overvalued.

Key valuation signals for GRNWF:

Inventory Turnover: 2.58
GF Value™: $0.09 vs. price of $0.14 (57.3% above fair value)
GF Score™: 50/100 with 3 warning signs

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

Greenlane Renewables Business Description

Industry Industrials Industrial Products

Comparable Companies TSXV:NXH TSXV:ENW TSXV:REKO TSX:PYR TSXV:CTEK TSXV:TLA TSX:DYA XCNQ:RAIN TSXV:CAG GEV XTER:SIE XPAR:SU ETN XTER:ENR PH CMI OSTO:ATCO A EMR ITW TSE:7011

Other Exchanges 52G:Germany GRN:Canada

Address 3605 Gilmore Way, Suite 110, Burnaby, BC, CAN, V5G 4X5

Website https://www.greenlanerenewables.com

Greenlane Renewables Inc is a provider of biogas desulfurization and upgrading systems and services. Its systems enable the production of clean, high-value, renewable natural gas from organic-waste sources, including landfills, sugar mills, dairy farms, wastewater, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The products offered by the company are marketed and sold under its Greenlane Cascade and Airdep product brands. Greenlane generates maximum revenue from sales of its multiple product lines of biogas desulfurization and upgrading equipment (System Sales), and the rest from parts and service, and technology licensing (Royalty Contracts). Geographically, the company generates maximum revenue from Europe.

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$0.14

Price

$0.09

GF Value

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