Zenova Group (LSE:ZED) Inventory Turnover: 0.39 (As of May. 2025)

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What is Zenova Group Inventory Turnover?

Zenova Group LSE:ZED Inventory Turnover is 0.39 as of May. 2025. The stock has 4 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. Zenova Group's Cost of Goods Sold for the six months ended in May. 2025 was £0.05 Mil. Zenova Group's Average Total Inventories for the quarter that ended in May. 2025 was £0.12 Mil. Zenova Group's Inventory Turnover for the quarter that ended in May. 2025 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zenova Group's Days Inventory for the six months ended in May. 2025 was 471.46.

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. Zenova Group's Inventory-to-Revenue for the quarter that ended in May. 2025 was 1.46.

Zenova Group  (LSE:ZED) 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.

Zenova Group's Days Inventory for the six months ended in May. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2025 )/Cost of Goods Sold (Q: May. 2025 )*Days in Period
=0.124/0.048*365 / 2
=471.46

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.

Zenova Group's Inventory to Revenue for the quarter that ended in May. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2025 ) / Revenue (Q: May. 2025 )
=0.124 / 0.085
=1.46

* 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.

Zenova Group Inventory Turnover Related Terms

Zenova Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Zenova Group'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.

Zenova Group Inventory Turnover Chart

Zenova Group Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24
Inventory Turnover
0.00 0.00 1.31 2.10 1.33

Zenova Group Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.59 0.15 0.80 0.39

Zenova Group Inventory Turnover Calculation

Zenova Group's Inventory Turnover for the fiscal year that ended in Nov. 2024 is calculated as

Inventory Turnover (A: Nov. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2024 ) / ((Total Inventories (A: Nov. 2023 ) + Total Inventories (A: Nov. 2024 )) / count )
=0.19 / ((0.155 + 0.131) / 2 )
=0.19 / 0.143
=1.33

Zenova Group's Inventory Turnover for the quarter that ended in May. 2025 is calculated as

Inventory Turnover (Q: May. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2025 ) / ((Total Inventories (Q: Nov. 2024 ) + Total Inventories (Q: May. 2025 )) / count )
=0.048 / ((0.131 + 0.117) / 2 )
=0.048 / 0.124
=0.39

* 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 0.39 mean?
Zenova Group (LSE:ZED) has a Inventory Turnover of 0.39 as of May. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Zenova Group and its competitors.
Is Zenova Group's Inventory Turnover too high?
Zenova Group's current Inventory Turnover is 0.39.
How does Zenova Group's Inventory Turnover compare to LIN and SHW?
Zenova Group's Inventory Turnover of 0.39 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 Zenova Group and its competitors. Zenova Group's current Inventory Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenova Group stock overvalued right now?
Zenova Group (LSE:ZED) has a current Inventory Turnover of 0.39. The current Inventory Turnover is 0.39. 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 Zenova Group (LSE:ZED), the current Inventory Turnover is 0.39 as of May. 2025. 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.

Zenova Group Business Description

Address 172 Arlington Road, London, GBR, NW1 7HL
Zenova Group PLC is engaged in the development, manufacture, and sale of fire-retardant systems. It is the holder of intellectual property to underpin a suite of fire safety and temperature management products and technology applicable to industrial, commercial and residential markets. The company's product range includes fire protection paint, insulating paint and render and extinguishing fluid, and it has further products in varying stages of development and testing.