IRCE SpA (LTS:0EVS) Inventory Turnover: 0.66 (As of Mar. 2026)

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LTS:0EVS IRCE SpA LTS:0EVS
64 GF Score
Price €2.62
GF Value €2.35
! 6 Warning Signs
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What is IRCE SpA Inventory Turnover?

IRCE SpA LTS:0EVS 64 Inventory Turnover is 0.66 as of Mar. 2026. GuruFocus rates LTS:0EVS with a GF Score™ of 64/100 and a GF Value™ of €2.35. 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. IRCE SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was €78.2 Mil. IRCE SpA's Average Total Inventories for the quarter that ended in Mar. 2026 was €119.1 Mil. IRCE SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IRCE SpA's Days Inventory for the three months ended in Mar. 2026 was 139.06.

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. IRCE SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.12.

IRCE SpA  (LTS:0EVS) 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.

IRCE SpA'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
=119.143/78.181*365 / 4
=139.06

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.

IRCE SpA'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 )
=119.143 / 106.076
=1.12

* 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.

IRCE SpA Inventory Turnover Related Terms

IRCE SpA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for IRCE SpA'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.

IRCE SpA Inventory Turnover Chart

IRCE SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 3.24 2.96 3.22 2.96

IRCE SpA 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 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 0.75 0.67 0.56 0.67 0.66
LTS:0EVS
64GF Score
IRCE SpA LTS:0EVS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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IRCE SpA Inventory Turnover Calculation

IRCE SpA'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 )
=293.014 / ((94.345 + 103.498) / 2 )
=293.014 / 98.9215
=2.96

IRCE SpA'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 )
=78.181 / ((103.498 + 134.788) / 2 )
=78.181 / 119.143
=0.66

* 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 0.66 mean?
IRCE SpA (LTS:0EVS) has a Inventory Turnover of 0.66 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on IRCE SpA and its competitors.
Is IRCE SpA's Inventory Turnover too high?
IRCE SpA's current Inventory Turnover is 0.66. Overall, IRCE SpA has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does IRCE SpA's Inventory Turnover compare to VRT and BE?
IRCE SpA's Inventory Turnover of 0.66 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 IRCE SpA and its competitors. IRCE SpA's current Inventory Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCE SpA stock overvalued right now?
IRCE SpA (LTS:0EVS) has a current Inventory Turnover of 0.66. The stock's GF Value™ is €2.35, compared to a current price of €2.62 — trading 11.5% above its estimated fair value. The current Inventory Turnover is 0.66. IRCE SpA's overall GF Score™ is 64/100 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 IRCE SpA (LTS:0EVS), the current Inventory Turnover is 0.66 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 IRCE SpA (LTS:0EVS) Overvalued in 2026?

Based on GuruFocus' analysis, IRCE SpA stock appears to be overvalued. The current stock price of €2.62 is trading 11.5% above its estimated GF Value™ of €2.35.

Key valuation signals for LTS:0EVS:

  • Inventory Turnover: 0.66
  • GF Value™: €2.35 vs. price of €2.62 (11.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the LTS:0EVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IRCE SpA Business Description

Other Exchanges IRC:ItalyIRQ:Germany
Address Via Lasie 12/A, Imola, ITA, 40026
IRCE SpA is an Italy-based company that operates in the sector of winding conductors and electrical cables. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union. Italy contributes majority of the its revenue in terms of geographical segment.
64GF Score

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

€2.62
Price
€2.35
GF Value