IVDN (Innovative Designs) Inventory Turnover: 0.70 (As of Apr. 2026)


IVDN Innovative Designs Inc IVDN
50 GF Score
Price $0.23
GF Value $0.52
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Innovative Designs Inventory Turnover?

Innovative Designs IVDN -3.75% 50 Inventory Turnover is 0.70 as of Apr. 2026. GuruFocus rates IVDN with a GF Score™ of 50/100 and a GF Value™ of $0.52 (Significantly Undervalued). The stock has 1 warning sign 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. Innovative Designs's Cost of Goods Sold for the three months ended in Apr. 2026 was $0.42 Mil. Innovative Designs's Average Total Inventories for the quarter that ended in Apr. 2026 was $0.59 Mil. Innovative Designs's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innovative Designs's Days Inventory for the three months ended in Apr. 2026 was 129.51.

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. Innovative Designs's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.73.

Innovative Designs  (OTCPK:IVDN) 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.

Innovative Designs'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
=0.589/0.415*365 / 4
=129.51

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.

Innovative Designs'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 )
=0.589 / 0.809
=0.73

* 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.

Innovative Designs Inventory Turnover Related Terms

Innovative Designs Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Innovative Designs'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.

Innovative Designs Inventory Turnover Chart

Innovative Designs 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 0.17 0.28 0.32 1.44 2.71

Innovative Designs 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 0.84 0.77 0.82 0.43 0.70
IVDN
50GF Score
Innovative Designs Inc IVDN
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Designs Inventory Turnover Calculation

Innovative Designs'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 )
=1.405 / ((0.499 + 0.538) / 2 )
=1.405 / 0.5185
=2.71

Innovative Designs'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 )
=0.415 / ((0.599 + 0.579) / 2 )
=0.415 / 0.589
=0.70

* 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 0.70 mean?
Innovative Designs (IVDN) has a Inventory Turnover of 0.70 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Innovative Designs and its competitors.
Is Innovative Designs' Inventory Turnover too high?
Innovative Designs' current Inventory Turnover is 0.70. Overall, Innovative Designs has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Designs' Inventory Turnover compare to LSEB and DBGI?
Innovative Designs' Inventory Turnover of 0.70 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Innovative Designs and its competitors. Innovative Designs's current Inventory Turnover is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Designs stock overvalued right now?
Based on GuruFocus' analysis, Innovative Designs (IVDN) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.52, compared to a current price of $0.23 — trading 55.6% below its estimated fair value. The current Inventory Turnover is 0.70. Innovative Designs' overall GF Score™ is 50/100 with 1 warning sign 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 Innovative Designs (IVDN), the current Inventory Turnover is 0.70 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 Innovative Designs (IVDN) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Designs stock appears to be undervalued. The current stock price of $0.23 is trading 55.6% below its estimated GF Value™ of $0.52. GuruFocus considers Innovative Designs to be Significantly Undervalued.

Key valuation signals for IVDN:

  • Inventory Turnover: 0.70
  • GF Value™: $0.52 vs. price of $0.23 (55.6% below fair value)
  • GF Score™: 50/100 with 1 warning sign

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

Innovative Designs Business Description

Address 124 Cherry Street, Pittsburgh, PA, USA, 15223
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low-density foamed polyethylene with buoyancy, scent block, and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold-weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment. Majority of the revenue is from USA and Canada.
50GF Score

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

$0.23
Price
$0.52
GF Value