Acerinox (HAM:ACE1) Inventory Turnover: 0.00 (As of Mar. 2026)


HAM:ACE1 Acerinox SA HAM:ACE1
75 GF Score
Price €15.50
GF Value €10.29
! 8 Warning Signs
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What is Acerinox Inventory Turnover?

Acerinox HAM:ACE1 -1.65% 75 Inventory Turnover is 0.00 as of Mar. 2026. GuruFocus rates HAM:ACE1 with a GF Score™ of 75/100 and a GF Value™ of €10.29. The stock has 8 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. Acerinox's Cost of Goods Sold for the three months ended in Mar. 2026 was €0 Mil. Acerinox's Average Total Inventories for the quarter that ended in Mar. 2026 was €1,728 Mil. Acerinox's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Acerinox's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.25.

Acerinox  (HAM:ACE1) 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.

Acerinox'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
=1727.796/0*365 / 4
=

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.

Acerinox'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 )
=1727.796 / 1384
=1.25

* 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.

Acerinox Inventory Turnover Related Terms

Acerinox Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Acerinox'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.

Acerinox Inventory Turnover Chart

Acerinox Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 2.85 2.20 1.81 1.99

Acerinox 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 0.00 0.00 0.00 1.00 0.00
HAM:ACE1
75GF Score
Acerinox SA HAM:ACE1
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Acerinox Inventory Turnover Calculation

Acerinox'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 )
=3718.866 / ((2061.56 + 1678.592) / 2 )
=3718.866 / 1870.076
=1.99

Acerinox'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 )
=0 / ((1678.592 + 1777) / 2 )
=0 / 1727.796
=0.00

* 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 0.00 mean?
Acerinox (HAM:ACE1) has a Inventory Turnover of 0.00 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Acerinox and its competitors.
Is Acerinox's Inventory Turnover too high?
Acerinox's current Inventory Turnover is 0.00. Overall, Acerinox has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Acerinox's Inventory Turnover compare to NUE and STLD?
Acerinox's Inventory Turnover of 0.00 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Acerinox and its competitors. Acerinox's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acerinox stock overvalued right now?
Acerinox (HAM:ACE1) has a current Inventory Turnover of 0.00. The stock's GF Value™ is €10.29, compared to a current price of €15.50 — trading 50.6% above its estimated fair value. The current Inventory Turnover is 0.00. Acerinox's overall GF Score™ is 75/100 with 8 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 Acerinox (HAM:ACE1), the current Inventory Turnover is 0.00 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 Acerinox (HAM:ACE1) Overvalued in 2026?

Based on GuruFocus' analysis, Acerinox stock appears to be overvalued. The current stock price of €15.50 is trading 50.6% above its estimated GF Value™ of €10.29.

Key valuation signals for HAM:ACE1:

  • Inventory Turnover: 0.00
  • GF Value™: €10.29 vs. price of €15.50 (50.6% above fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the HAM:ACE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Acerinox Business Description

Address Calle Santiago de Compostela, no. 100, Madrid, ESP, 28035
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically, the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
75GF Score

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

€15.50
Price
€10.29
GF Value