GTBIF (Green Thumb Industries) Inventory Turnover: 0.95 (As of Mar. 2026)

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GTBIF Green Thumb Industries Inc GTBIF
84 GF Score
Price $7.16
GF Value $8.91
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Green Thumb Industries Inventory Turnover?

Green Thumb Industries GTBIF -0.61% 84 Inventory Turnover is 0.95 as of Mar. 2026. GuruFocus rates GTBIF with a GF Score™ of 84/100 and a GF Value™ of $8.91 (Modestly Undervalued). The stock has 6 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. Green Thumb Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was $157 Mil. Green Thumb Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was $164 Mil. Green Thumb Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Green Thumb Industries's Days Inventory for the three months ended in Mar. 2026 was 95.69.

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. Green Thumb Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.55.

Green Thumb Industries  (OTCPK:GTBIF) 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.

Green Thumb Industries'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
=164.161/156.545*365 / 4
=95.69

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.

Green Thumb Industries'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 )
=164.161 / 300.19
=0.55

* 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.

Green Thumb Industries Inventory Turnover Related Terms

Green Thumb Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Green Thumb Industries'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.

Green Thumb Industries Inventory Turnover Chart

Green Thumb Industries Annual Data
Trend Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 4.86 4.62 4.12 3.93

Green Thumb Industries 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 0.90 0.96 0.96 1.08 0.95
GTBIF
84GF Score
Green Thumb Industries Inc GTBIF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Thumb Industries Inventory Turnover Calculation

Green Thumb Industries'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 )
=600.402 / ((147.162 + 158.288) / 2 )
=600.402 / 152.725
=3.93

Green Thumb Industries'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 )
=156.545 / ((158.288 + 170.034) / 2 )
=156.545 / 164.161
=0.95

* 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 0.95 mean?
Green Thumb Industries (GTBIF) has a Inventory Turnover of 0.95 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Green Thumb Industries and its competitors.
Is Green Thumb Industries' Inventory Turnover too high?
Green Thumb Industries' current Inventory Turnover is 0.95. Overall, Green Thumb Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green Thumb Industries' Inventory Turnover compare to ZTS and UTHR?
Green Thumb Industries' Inventory Turnover of 0.95 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Inventory Turnover depends on the Drug Manufacturers 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 Green Thumb Industries and its competitors. Green Thumb Industries's current Inventory Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Thumb Industries stock overvalued right now?
Based on GuruFocus' analysis, Green Thumb Industries (GTBIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.91, compared to a current price of $7.16 — trading 19.7% below its estimated fair value. The current Inventory Turnover is 0.95. Green Thumb Industries' overall GF Score™ is 84/100 with 6 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 Green Thumb Industries (GTBIF), the current Inventory Turnover is 0.95 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 Green Thumb Industries (GTBIF) Overvalued in 2026?

Based on GuruFocus' analysis, Green Thumb Industries stock appears to be undervalued. The current stock price of $7.16 is trading 19.7% below its estimated GF Value™ of $8.91. GuruFocus considers Green Thumb Industries to be Modestly Undervalued.

Key valuation signals for GTBIF:

  • Inventory Turnover: 0.95
  • GF Value™: $8.91 vs. price of $7.16 (19.7% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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

Green Thumb Industries Business Description

Other Exchanges R9U2:GermanyGTII:Canada
Address 325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 14 states and operates more than 100 cannabis stores under the brand Rise. GTI is focusing its expansion on limited-license states with large populations, and it does not currently export into the global medical market due to the USA federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, Incredibles, and RYTHM.
84GF Score

Get the complete analysis for GTBIF

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

$7.16
Price
$8.91
GF Value