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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. Local Bounti's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $11.80 Mil. Local Bounti's Average Total Inventories for the quarter that ended in Mar. 2026 was $7.31 Mil.
Local Bounti's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.62.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Local Bounti's Days Inventory for the
three
months ended in Mar. 2026 was 56.48.
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.
Local Bounti's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.55.
Local Bounti (NYSE:LOCL) 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.
Local Bounti's Days Inventory for the
three
months ended in Mar. 2026 is calculated as:
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.
Local Bounti's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Local Bounti Inventory Turnover Related Terms
Local Bounti Inventory Turnover Historical Data
* Premium members only.
The historical data trend for Local Bounti'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.
* 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.
Local Bounti (LOCL) has a Inventory Turnover of 1.62 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Local Bounti and its competitors.
Is Local Bounti's Inventory Turnover too high?
Local Bounti's current Inventory Turnover is 1.62. Overall, Local Bounti has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Local Bounti's Inventory Turnover compare to ESGH and SDOT?
Local Bounti's Inventory Turnover of 1.62 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Local Bounti and its competitors. Local Bounti's current Inventory Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Local Bounti stock overvalued right now?
Based on GuruFocus' analysis, Local Bounti (LOCL) is currently considered Possible Value Trap. The stock's GF Value™ is $1.95, compared to a current price of $1.08 — trading 44.6% below its estimated fair value. The current Inventory Turnover is 1.62. Local Bounti's overall GF Score™ is 56/100 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 Local Bounti (LOCL), the current Inventory Turnover is 1.62 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 Local Bounti (LOCL) Overvalued in 2026?
Based on GuruFocus' analysis, Local Bounti stock appears to be undervalued.
The current stock price of $1.08 is trading 44.6% below its estimated GF Value™ of $1.95.
GuruFocus considers Local Bounti to be Possible Value Trap.
Key valuation signals for LOCL:
Inventory Turnover: 1.62
GF Value™: $1.95 vs. price of $1.08 (44.6% below fair value)
No single metric tells the full story. See the LOCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Local Bounti Corp is a controlled environment agriculture company. The business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides. The products of the company include living lettuce, leafy greens, herbs, and others.
56GF Score
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