IRDEF (Iren SpA) Inventory Turnover: 10.36 (As of Mar. 2026)


IRDEF Iren SpA IRDEF
75 GF Score
Price $2.61
GF Value $2.27
! 3 Warning Signs
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What is Iren SpA Inventory Turnover?

Iren SpA IRDEF -20.91% 75 Inventory Turnover is 10.36 as of Mar. 2026. GuruFocus rates IRDEF with a GF Score™ of 75/100 and a GF Value™ of $2.27. 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. Iren SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was $824 Mil. Iren SpA's Average Total Inventories for the quarter that ended in Mar. 2026 was $80 Mil. Iren SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 10.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iren SpA's Days Inventory for the three months ended in Mar. 2026 was 8.81.

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. Iren SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.

Iren SpA  (OTCPK:IRDEF) 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.

Iren SpA'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
=79.5115/823.592*365 / 4
=8.81

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.

Iren SpA'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 )
=79.5115 / 2054.438
=0.04

* 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.

Iren SpA Inventory Turnover Related Terms

Iren SpA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Iren SpA'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.

Iren SpA Inventory Turnover Chart

Iren SpA 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 31.79 43.38 37.19 41.43 51.59

Iren SpA 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 12.60 14.18 -3.53 27.73 10.36
IRDEF
75GF Score
Iren SpA IRDEF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Iren SpA Inventory Turnover Calculation

Iren SpA'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 )
=4330.089 / ((87.993 + 79.877) / 2 )
=4330.089 / 83.935
=51.59

Iren SpA'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 )
=823.592 / ((79.877 + 79.146) / 2 )
=823.592 / 79.5115
=10.36

* 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 10.36 mean?
Iren SpA (IRDEF) has a Inventory Turnover of 10.36 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Iren SpA and its competitors.
Is Iren SpA's Inventory Turnover too high?
Iren SpA's current Inventory Turnover is 10.36. Overall, Iren SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's Inventory Turnover compare to SRE?
Iren SpA's Inventory Turnover of 10.36 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated 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 Iren SpA and its competitors. Iren SpA's current Inventory Turnover is 10.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Iren SpA (IRDEF) has a current Inventory Turnover of 10.36. The stock's GF Value™ is $2.27, compared to a current price of $2.61 — trading 15% above its estimated fair value. The current Inventory Turnover is 10.36. Iren SpA's overall GF Score™ is 75/100 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 Iren SpA (IRDEF), the current Inventory Turnover is 10.36 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 Iren SpA (IRDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued. The current stock price of $2.61 is trading 15% above its estimated GF Value™ of $2.27.

Key valuation signals for IRDEF:

  • Inventory Turnover: 10.36
  • GF Value™: $2.27 vs. price of $2.61 (15% above fair value)
  • GF Score™: 75/100 with 3 warning signs

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

Iren SpA Business Description

Address Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
75GF Score

Get the complete analysis for IRDEF

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

$2.61
Price
$2.27
GF Value