Heico (HEI) Inventory Turnover: 0.59 (As of Apr. 2026)


HEI Heico Corp HEI
94 GF Score
Price $350.92
GF Value $367.19
Valuation Fairly Valued
! 4 Warning Signs
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What is Heico Inventory Turnover?

Heico HEI -0.34% 94 Inventory Turnover is 0.59 as of Apr. 2026. GuruFocus rates HEI with a GF Score™ of 94/100 and a GF Value™ of $367.19 (Fairly Valued). 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. Heico's Cost of Goods Sold for the three months ended in Apr. 2026 was $806 Mil. Heico's Average Total Inventories for the quarter that ended in Apr. 2026 was $1,374 Mil. Heico's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heico's Days Inventory for the three months ended in Apr. 2026 was 155.57.

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. Heico's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 1.00.

Heico  (NYSE:HEI) 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.

Heico's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=1374.474/806.188*365 / 4
=155.57

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.

Heico's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=1374.474 / 1375.713
=1.00

* 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.

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.

Heico Inventory Turnover Related Terms

Heico Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Heico'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.

Heico Inventory Turnover Chart

Heico Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.54 2.27 2.16 2.19

Heico Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.54 0.54 0.56 0.55 0.59
HEI
94GF Score
Heico Corp HEI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Heico Inventory Turnover Calculation

Heico's Inventory Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Inventory Turnover (A: Oct. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2025 ) / ((Total Inventories (A: Oct. 2024 ) + Total Inventories (A: Oct. 2025 )) / count )
=2698.58 / ((1170.949 + 1295.336) / 2 )
=2698.58 / 1233.1425
=2.19

Heico's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count )
=806.188 / ((1338.421 + 1410.527) / 2 )
=806.188 / 1374.474
=0.59

* 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 0.59 mean?
Heico (HEI) has a Inventory Turnover of 0.59 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Heico and its competitors.
Is Heico's Inventory Turnover too high?
Heico's current Inventory Turnover is 0.59. Overall, Heico has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heico's Inventory Turnover compare to AXON and RKLB?
Heico's Inventory Turnover of 0.59 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Heico and its competitors. Heico's current Inventory Turnover is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heico stock overvalued right now?
Based on GuruFocus' analysis, Heico (HEI) is currently considered Fairly Valued. The stock's GF Value™ is $367.19, compared to a current price of $350.92 — trading 4.4% below its estimated fair value. The current Inventory Turnover is 0.59. Heico's overall GF Score™ is 94/100 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 Heico (HEI), the current Inventory Turnover is 0.59 as of Apr. 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 Heico (HEI) Overvalued in 2026?

Based on GuruFocus' analysis, Heico stock appears to be undervalued. The current stock price of $350.92 is trading 4.4% below its estimated GF Value™ of $367.19. GuruFocus considers Heico to be Fairly Valued.

Key valuation signals for HEI:

  • Inventory Turnover: 0.59
  • GF Value™: $367.19 vs. price of $350.92 (4.4% below fair value)
  • GF Score™: 94/100 with 4 warning signs

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

Heico Business Description

Address 3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential.
94GF Score

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

$350.92
Price
$367.19
GF Value