Credo Technology Group Holding (MEX:CRDON) Inventory Turnover: 0.61 (As of Apr. 2026)

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MEX:CRDON Credo Technology Group Holding Ltd MEX:CRDON
80 GF Score
Price MXN3,675.01
GF Value MXN3,776.76
Valuation Fairly Valued
! 3 Warning Signs
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What is Credo Technology Group Holding Inventory Turnover?

Credo Technology Group Holding MEX:CRDON -10.80% 80 Inventory Turnover is 0.61 as of Apr. 2026. GuruFocus rates MEX:CRDON with a GF Score™ of 80/100 and a GF Value™ of MXN3,776.76 (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. Credo Technology Group Holding's Cost of Goods Sold for the three months ended in Apr. 2026 was MXN2,434 Mil. Credo Technology Group Holding's Average Total Inventories for the quarter that ended in Apr. 2026 was MXN4,001 Mil. Credo Technology Group Holding's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Credo Technology Group Holding's Days Inventory for the three months ended in Apr. 2026 was 150.01.

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. Credo Technology Group Holding's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.52.


Credo Technology Group Holding  (MEX:CRDON) 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.

Credo Technology Group Holding's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=4000.7535/2433.617*365 / 4
=150.01

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.

Credo Technology Group Holding's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=4000.7535 / 7654.588
=0.52

* 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.


Credo Technology Group Holding Inventory Turnover Related Terms


Credo Technology Group Holding Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding'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.

Credo Technology Group Holding Inventory Turnover Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Inventory Turnover
Get a 7-Day Free Trial 2.47 2.03 1.98 2.73 2.43

Credo Technology Group Holding Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.76 0.69 0.65 0.70 0.61
MEX:CRDON
80GF Score
Credo Technology Group Holding Ltd MEX:CRDON
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Credo Technology Group Holding Inventory Turnover Calculation

Credo Technology Group Holding's Inventory Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Inventory Turnover (A: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2026 ) / ((Total Inventories (A: Apr. 2025 ) + Total Inventories (A: Apr. 2026 )) / count )
=7475.293 / ((1763.794 + 4393.581) / 2 )
=7475.293 / 3078.6875
=2.43

Credo Technology Group Holding's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count )
=2433.617 / ((3607.926 + 4393.581) / 2 )
=2433.617 / 4000.7535
=0.61

* 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 0.61 mean?
Credo Technology Group Holding (MEX:CRDON) has a Inventory Turnover of 0.61 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Credo Technology Group Holding and its competitors.
Is Credo Technology Group Holding's Inventory Turnover too high?
Credo Technology Group Holding's current Inventory Turnover is 0.61. Overall, Credo Technology Group Holding has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Inventory Turnover compare to MCHP and CBRS?
Credo Technology Group Holding's Inventory Turnover of 0.61 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Credo Technology Group Holding and its competitors. Credo Technology Group Holding's current Inventory Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (MEX:CRDON) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,776.76, compared to a current price of MXN3,675.01 — trading 2.7% below its estimated fair value. The current Inventory Turnover is 0.61. Credo Technology Group Holding's overall GF Score™ is 80/100 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 Credo Technology Group Holding (MEX:CRDON), the current Inventory Turnover is 0.61 as of Apr. 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 Credo Technology Group Holding (MEX:CRDON) Overvalued in 2026?

Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be undervalued. The current stock price of MXN3,675.01 is trading 2.7% below its estimated GF Value™ of MXN3,776.76. GuruFocus considers Credo Technology Group Holding to be Fairly Valued.

Key valuation signals for MEX:CRDON:

  • Inventory Turnover: 0.61
  • GF Value™: MXN3,776.76 vs. price of MXN3,675.01 (2.7% below fair value)
  • GF Score™: 80/100 with 3 warning signs

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


Credo Technology Group Holding Business Description

Other Exchanges CRDO:USA
Address c/o Maples Corporate Services, Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
80GF Score

Get the complete analysis for MEX:CRDON

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

MXN3,675.01
Price
MXN3,776.76
GF Value