Elastic NV (MEX:ESTCN) Inventory Turnover: 0.00 (As of Apr. 2026)

What is Elastic NV Inventory Turnover?

Elastic NV MEX:ESTCN 72 Inventory Turnover is 0.00 as of Apr. 2026. GuruFocus rates MEX:ESTCN with a GF Score™ of 72/100 and a GF Value™ of MXN1,970.78 (Significantly Undervalued). 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. Elastic NV's Cost of Goods Sold for the three months ended in Apr. 2026 was MXN1,945 Mil. Elastic NV's Average Total Inventories for the quarter that ended in Apr. 2026 was MXN0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elastic NV's Days Inventory for the three months ended in Apr. 2026 was 0.00.

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. Elastic NV's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.00.

Elastic NV (MEX:ESTCN) 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.

Elastic NV'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
	=	0	/	1945.338	*	365 / 4
	=	0.00

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.

Elastic NV'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 )
	=	0	/	7894.173
	=	0.00

* 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.

Elastic NV Inventory Turnover Related Terms

Elastic NV Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Elastic NV's Inventory Turnover can be seen below:

Elastic NV Inventory Turnover Chart

Elastic NV Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Apr25

Apr26

Inventory Turnover

Get a 7-Day Free Trial

0.00

Elastic NV 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															0.00	0.00	0.00	0.00	0.00

72GF Score

Elastic NV MEX:ESTCN

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Elastic NV Inventory Turnover Calculation

Elastic NV'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 )
=	7291.462	/ (	(0	+	0)	/	1 )
=	7291.462	/	0
=	N/A

Elastic NV'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 )
=	1945.338	/ (	(0	+	0)	/	1 )
=	1945.338	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Elastic NV (MEX:ESTCN) has a Inventory Turnover of 0.00 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Elastic NV and its competitors.

Is Elastic NV's Inventory Turnover too high?

Elastic NV's current Inventory Turnover is 0.00. Overall, Elastic NV has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Elastic NV's Inventory Turnover compare to TTAN and IDCC?

Elastic NV's Inventory Turnover of 0.00 can be compared against companies in the Software 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 Software company?

A good Inventory Turnover depends on the Software 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 Elastic NV and its competitors. Elastic NV's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Elastic NV stock overvalued right now?

Based on GuruFocus' analysis, Elastic NV (MEX:ESTCN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,970.78, compared to a current price of MXN1,021.21 — trading 48.2% below its estimated fair value. The current Inventory Turnover is 0.00. Elastic NV's overall GF Score™ is 72/100 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 Elastic NV (MEX:ESTCN), the current Inventory Turnover is 0.00 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 Elastic NV (MEX:ESTCN) Overvalued in 2026?

Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued. The current stock price of MXN1,021.21 is trading 48.2% below its estimated GF Value™ of MXN1,970.78. GuruFocus considers Elastic NV to be Significantly Undervalued.

Key valuation signals for MEX:ESTCN:

Inventory Turnover: 0.00
GF Value™: MXN1,970.78 vs. price of MXN1,021.21 (48.2% below fair value)
GF Score™: 72/100 with 3 warning signs

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

Elastic NV Business Description

Industry Technology Software

Comparable Companies TTAN IDCC PAYC CHYM CWAN PCTY PCOR PEGA APPF YOU XTER:SAP CRM SHOP UBER NOW ADBE CDNS INTU ADP SNOW

Other Exchanges ESTC:USA 3E1:Germany E2ST34:Brazil

Address Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED

Website https://www.elastic.co

Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.

72GF Score

Get the complete analysis for MEX:ESTCN

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

MXN1,021.21

Price

MXN1,970.78

GF Value

View MEX:ESTCN Analysis

See Inventory Turnover data for all stocks →