KONE Oyj (LTS:0II2) Inventory Turnover: 2.79 (As of Mar. 2026)


LTS:0II2 KONE Oyj LTS:0II2
79 GF Score
Price €50.84
GF Value €51.52
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is KONE Oyj Inventory Turnover?

KONE Oyj LTS:0II2 +1.83% 79 Inventory Turnover is 2.79 as of Mar. 2026. GuruFocus rates LTS:0II2 with a GF Score™ of 79/100 and a GF Value™ of €51.52 (Fairly Valued). The stock has 3 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. KONE Oyj's Cost of Goods Sold for the three months ended in Mar. 2026 was €2,341 Mil. KONE Oyj's Average Total Inventories for the quarter that ended in Mar. 2026 was €840 Mil. KONE Oyj's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KONE Oyj's Days Inventory for the three months ended in Mar. 2026 was 32.75.

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. KONE Oyj's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.

KONE Oyj  (LTS:0II2) 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.

KONE Oyj'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
=840.25/2340.8*365 / 4
=32.75

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.

KONE Oyj'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 )
=840.25 / 2708.3
=0.31

* 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.

KONE Oyj Inventory Turnover Related Terms

KONE Oyj Inventory Turnover Historical Data

* Premium members only.

The historical data trend for KONE Oyj'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.

KONE Oyj Inventory Turnover Chart

KONE Oyj 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 8.10 7.11 6.23 5.88 5.71

KONE Oyj 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 2.73 2.88 2.76 2.93 2.79
LTS:0II2
79GF Score
KONE Oyj LTS:0II2
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KONE Oyj Inventory Turnover Calculation

KONE Oyj'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 )
=4757.1 / ((840.9 + 826.7) / 2 )
=4757.1 / 833.8
=5.71

KONE Oyj'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 )
=2340.8 / ((826.7 + 853.8) / 2 )
=2340.8 / 840.25
=2.79

* 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 2.79 mean?
KONE Oyj (LTS:0II2) has a Inventory Turnover of 2.79 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on KONE Oyj and its competitors.
Is KONE Oyj's Inventory Turnover too high?
KONE Oyj's current Inventory Turnover is 2.79. Overall, KONE Oyj has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KONE Oyj's Inventory Turnover compare to GEV and ETN?
KONE Oyj's Inventory Turnover of 2.79 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 KONE Oyj and its competitors. KONE Oyj's current Inventory Turnover is 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KONE Oyj stock overvalued right now?
Based on GuruFocus' analysis, KONE Oyj (LTS:0II2) is currently considered Fairly Valued. The stock's GF Value™ is €51.52, compared to a current price of €50.84 — trading 1.3% below its estimated fair value. The current Inventory Turnover is 2.79. KONE Oyj's overall GF Score™ is 79/100 with 3 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 KONE Oyj (LTS:0II2), the current Inventory Turnover is 2.79 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 KONE Oyj (LTS:0II2) Overvalued in 2026?

Based on GuruFocus' analysis, KONE Oyj stock appears to be undervalued. The current stock price of €50.84 is trading 1.3% below its estimated GF Value™ of €51.52. GuruFocus considers KONE Oyj to be Fairly Valued.

Key valuation signals for LTS:0II2:

  • Inventory Turnover: 2.79
  • GF Value™: €51.52 vs. price of €50.84 (1.3% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the LTS:0II2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

KONE Oyj Business Description

Address Keilasatama 3, P.O. Box 7, Espoo, FIN, 02150
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.
79GF Score

Get the complete analysis for LTS:0II2

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

€50.84
Price
€51.52
GF Value