IIIN (Insteel Industries) Inventory Turnover: 0.94 (As of Mar. 2026)


IIIN Insteel Industries Inc IIIN
68 GF Score
Price $30.53
GF Value $37.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Insteel Industries Inventory Turnover?

Insteel Industries IIIN -1.52% 68 Inventory Turnover is 0.94 as of Mar. 2026. GuruFocus rates IIIN with a GF Score™ of 68/100 and a GF Value™ of $37.81 (Modestly Undervalued). 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. Insteel Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was $156.2 Mil. Insteel Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was $165.6 Mil. Insteel Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Insteel Industries's Days Inventory for the three months ended in Mar. 2026 was 96.79.

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. Insteel Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.96.

Insteel Industries  (NYSE:IIIN) 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.

Insteel 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
=165.6335/156.16*365 / 4
=96.79

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.

Insteel 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 )
=165.6335 / 172.653
=0.96

* 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.

Insteel Industries Inventory Turnover Related Terms

Insteel Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Insteel 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.

Insteel Industries Inventory Turnover Chart

Insteel Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.34 4.55 3.88 4.99 4.89

Insteel 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 1.40 1.39 1.16 0.92 0.94
IIIN
68GF Score
Insteel Industries Inc IIIN
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Insteel Industries Inventory Turnover Calculation

Insteel Industries's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=554.268 / ((88.84 + 137.776) / 2 )
=554.268 / 113.308
=4.89

Insteel 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 )
=156.16 / ((172.287 + 158.98) / 2 )
=156.16 / 165.6335
=0.94

* 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 0.94 mean?
Insteel Industries (IIIN) has a Inventory Turnover of 0.94 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Insteel Industries and its competitors.
Is Insteel Industries' Inventory Turnover too high?
Insteel Industries' current Inventory Turnover is 0.94. Overall, Insteel Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Insteel Industries' Inventory Turnover compare to TG and MEC?
Insteel Industries' Inventory Turnover of 0.94 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 Insteel Industries and its competitors. Insteel Industries's current Inventory Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Insteel Industries (IIIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.81, compared to a current price of $30.53 — trading 19.3% below its estimated fair value. The current Inventory Turnover is 0.94. Insteel Industries' overall GF Score™ is 68/100 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 Insteel Industries (IIIN), the current Inventory Turnover is 0.94 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 Insteel Industries (IIIN) Overvalued in 2026?

Based on GuruFocus' analysis, Insteel Industries stock appears to be undervalued. The current stock price of $30.53 is trading 19.3% below its estimated GF Value™ of $37.81. GuruFocus considers Insteel Industries to be Modestly Undervalued.

Key valuation signals for IIIN:

  • Inventory Turnover: 0.94
  • GF Value™: $37.81 vs. price of $30.53 (19.3% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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

Insteel Industries Business Description

Address 1373 Boggs Drive, Mount Airy, NC, USA, 27030
Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs. WWR includes engineered structural mesh for primary reinforcement, concrete pipe reinforcement for drainage and sewage systems, and standard WWR for crack control in residential and light commercial construction. The company serves markets in the United States and internationally, with the majority of revenue generated in the United States.
68GF Score

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

$30.53
Price
$37.81
GF Value