Nokian Tyres (LTS:0FFY) Inventory Turnover: 0.51 (As of Mar. 2026)


LTS:0FFY Nokian Tyres PLC LTS:0FFY
74 GF Score
Price €13.16
GF Value €9.35
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Nokian Tyres Inventory Turnover?

Nokian Tyres LTS:0FFY +2.33% 74 Inventory Turnover is 0.51 as of Mar. 2026. GuruFocus rates LTS:0FFY with a GF Score™ of 74/100 and a GF Value™ of €9.35 (Significantly Overvalued). The stock has 11 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. Nokian Tyres's Cost of Goods Sold for the three months ended in Mar. 2026 was €226 Mil. Nokian Tyres's Average Total Inventories for the quarter that ended in Mar. 2026 was €441 Mil. Nokian Tyres's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nokian Tyres's Days Inventory for the three months ended in Mar. 2026 was 178.08.

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. Nokian Tyres's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.58.

Nokian Tyres  (LTS:0FFY) 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.

Nokian Tyres'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
=441.45/226.2*365 / 4
=178.08

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.

Nokian Tyres'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 )
=441.45 / 279.6
=1.58

* 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.

Nokian Tyres Inventory Turnover Related Terms

Nokian Tyres Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nokian Tyres'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.

Nokian Tyres Inventory Turnover Chart

Nokian Tyres 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 3.12 2.22 1.86 2.29 2.49

Nokian Tyres 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 0.52 0.56 0.58 0.70 0.51
LTS:0FFY
74GF Score
Nokian Tyres PLC LTS:0FFY
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nokian Tyres Inventory Turnover Calculation

Nokian Tyres'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 )
=1092.2 / ((452.1 + 425.4) / 2 )
=1092.2 / 438.75
=2.49

Nokian Tyres'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 )
=226.2 / ((425.4 + 457.5) / 2 )
=226.2 / 441.45
=0.51

* 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 0.51 mean?
Nokian Tyres (LTS:0FFY) has a Inventory Turnover of 0.51 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nokian Tyres and its competitors.
Is Nokian Tyres' Inventory Turnover too high?
Nokian Tyres' current Inventory Turnover is 0.51. Overall, Nokian Tyres has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Inventory Turnover compare to ORLY and AZO?
Nokian Tyres' Inventory Turnover of 0.51 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Nokian Tyres and its competitors. Nokian Tyres's current Inventory Turnover is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokian Tyres stock overvalued right now?
Based on GuruFocus' analysis, Nokian Tyres (LTS:0FFY) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.35, compared to a current price of €13.16 — trading 40.7% above its estimated fair value. The current Inventory Turnover is 0.51. Nokian Tyres' overall GF Score™ is 74/100 with 11 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 Nokian Tyres (LTS:0FFY), the current Inventory Turnover is 0.51 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 Nokian Tyres (LTS:0FFY) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €13.16 is trading 40.7% above its estimated GF Value™ of €9.35. GuruFocus considers Nokian Tyres to be Significantly Overvalued.

Key valuation signals for LTS:0FFY:

  • Inventory Turnover: 0.51
  • GF Value™: €9.35 vs. price of €13.16 (40.7% above fair value)
  • GF Score™: 74/100 with 11 warning signs

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

Nokian Tyres Business Description

Address Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue.
74GF Score

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

€13.16
Price
€9.35
GF Value