Hardide (LSE:HDD) Inventory Turnover: 7.08 (As of Mar. 2026)


LSE:HDD Hardide PLC LSE:HDD
38 GF Score
Price £0.71
GF Value £0.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hardide Inventory Turnover?

Hardide LSE:HDD +2.90% 38 Inventory Turnover is 7.08 as of Mar. 2026. GuruFocus rates LSE:HDD with a GF Score™ of 38/100 and a GF Value™ of £0.14 (Significantly Overvalued). The stock has 5 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. Hardide's Cost of Goods Sold for the six months ended in Mar. 2026 was £1.67 Mil. Hardide's Average Total Inventories for the quarter that ended in Mar. 2026 was £0.24 Mil. Hardide's Inventory Turnover for the quarter that ended in Mar. 2026 was 7.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hardide's Days Inventory for the six months ended in Mar. 2026 was 25.78.

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. Hardide's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.05.

Hardide  (LSE:HDD) 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.

Hardide's Days Inventory for the six 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
=0.2355/1.667*365 / 2
=25.78

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.

Hardide'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 )
=0.2355 / 4.789
=0.05

* 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.

Hardide Inventory Turnover Related Terms

Hardide Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hardide'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.

Hardide Inventory Turnover Chart

Hardide 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 4.28 6.33 7.98 12.18 15.14

Hardide Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.53 6.31 7.38 7.09 7.08
LSE:HDD
38GF Score
Hardide PLC LSE:HDD
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hardide Inventory Turnover Calculation

Hardide'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 )
=2.574 / ((0.167 + 0.173) / 2 )
=2.574 / 0.17
=15.14

Hardide'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1.667 / ((0.173 + 0.298) / 2 )
=1.667 / 0.2355
=7.08

* 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 7.08 mean?
Hardide (LSE:HDD) has a Inventory Turnover of 7.08 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hardide and its competitors.
Is Hardide's Inventory Turnover too high?
Hardide's current Inventory Turnover is 7.08. Overall, Hardide has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hardide's Inventory Turnover compare to LIN and SHW?
Hardide's Inventory Turnover of 7.08 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Hardide and its competitors. Hardide's current Inventory Turnover is 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardide stock overvalued right now?
Based on GuruFocus' analysis, Hardide (LSE:HDD) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.14, compared to a current price of £0.71 — trading 407.1% above its estimated fair value. The current Inventory Turnover is 7.08. Hardide's overall GF Score™ is 38/100 with 5 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 Hardide (LSE:HDD), the current Inventory Turnover is 7.08 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 Hardide (LSE:HDD) Overvalued in 2026?

Based on GuruFocus' analysis, Hardide stock appears to be overvalued. The current stock price of £0.71 is trading 407.1% above its estimated GF Value™ of £0.14. GuruFocus considers Hardide to be Significantly Overvalued.

Key valuation signals for LSE:HDD:

  • Inventory Turnover: 7.08
  • GF Value™: £0.14 vs. price of £0.71 (407.1% above fair value)
  • GF Score™: 38/100 with 5 warning signs

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

Hardide Business Description

Other Exchanges 9V0:Germany
Address 9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH
Hardide PLC is a UK-based company that acts as a provider of tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has it's reportable segments namely UK operation, United States operation and Corporate Central Functions. The majority of the company's revenue is generated from United Kingdom operations.
38GF Score

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

£0.71
Price
£0.14
GF Value