Largo (LGO) Inventory Turnover: 0.64 (As of Mar. 2026)

What is Largo Inventory Turnover?

Largo LGO +4.62% 58 Inventory Turnover is 0.64 as of Mar. 2026. GuruFocus rates LGO with a GF Score™ of 58/100 and a GF Value™ of $1.15 (Possible Value Trap). The stock has 6 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. Largo's Cost of Goods Sold for the three months ended in Mar. 2026 was $34.5 Mil. Largo's Average Total Inventories for the quarter that ended in Mar. 2026 was $53.7 Mil. Largo's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Largo's Days Inventory for the three months ended in Mar. 2026 was 142.13.

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. Largo's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.95.

Largo (NAS:LGO) 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.

Largo'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
	=	53.729	/	34.494	*	365 / 4
	=	142.13

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.

Largo'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 )
	=	53.729	/	27.529
	=	1.95

* 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.

Largo Inventory Turnover Related Terms

Largo Inventory Turnover Historical Data

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The historical data trend for Largo's Inventory Turnover can be seen below:

Largo Inventory Turnover Chart

Largo Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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3.30

3.10

2.78

2.67

2.73

Largo 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															1.01	0.77	0.78	0.54	0.64

58GF Score

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Largo Inventory Turnover Calculation

Largo'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 )
=	132.64	/ (	(47.538	+	49.511)	/	2 )
=	132.64	/	48.5245
=	2.73

Largo'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 )
=	34.494	/ (	(49.511	+	57.947)	/	2 )
=	34.494	/	53.729
=	0.64

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.64 mean?

Largo (LGO) has a Inventory Turnover of 0.64 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Largo and its competitors.

Is Largo's Inventory Turnover too high?

Largo's current Inventory Turnover is 0.64. Overall, Largo has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Largo's Inventory Turnover compare to competitors?

Largo's Inventory Turnover of 0.64 can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining 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 Largo and its competitors. Largo's current Inventory Turnover is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Largo stock overvalued right now?

Based on GuruFocus' analysis, Largo (LGO) is currently considered Possible Value Trap. The stock's GF Value™ is $1.15, compared to a current price of $0.78 — trading 32.2% below its estimated fair value. The current Inventory Turnover is 0.64. Largo's overall GF Score™ is 58/100 with 6 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 Largo (LGO), the current Inventory Turnover is 0.64 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 Largo (LGO) Overvalued in 2026?

Based on GuruFocus' analysis, Largo stock appears to be undervalued. The current stock price of $0.78 is trading 32.2% below its estimated GF Value™ of $1.15. GuruFocus considers Largo to be Possible Value Trap.

Key valuation signals for LGO:

Inventory Turnover: 0.64
GF Value™: $1.15 vs. price of $0.78 (32.2% below fair value)
GF Score™: 58/100 with 6 warning signs

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

Largo Business Description

Industry Basic Materials Metals & Mining

Comparable Companies XCNQ:MSM TSXV:SHL TSXV:INTR XCNQ:FOX TSXV:MSR TSXV:ADE TSXV:COSA TSXV:RCK TSXV:SCD TSXV:ETL ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Other Exchanges LR8:Germany LGO:Canada

Address 100 King Street West, Suite 1600, First Canadian Place, Toronto, ON, CAN, M5X 1G5

Website https://www.largoinc.com

Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.

58GF Score

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$0.78

Price

$1.15

GF Value

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