Neste OYJ (MEX:NESTEN) Inventory Turnover: 1.34 (As of Mar. 2026)

What is Neste OYJ Inventory Turnover?

Neste OYJ MEX:NESTEN 80 Inventory Turnover is 1.34 as of Mar. 2026. GuruFocus rates MEX:NESTEN with a GF Score™ of 80/100 and a GF Value™ of MXN412.25. 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. Neste OYJ's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN86,765 Mil. Neste OYJ's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN64,614 Mil. Neste OYJ's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neste OYJ's Days Inventory for the three months ended in Mar. 2026 was 67.95.

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. Neste OYJ's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.60.

Neste OYJ (MEX:NESTEN) 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.

Neste 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
	=	64614.3825	/	86765.431	*	365 / 4
	=	67.95

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.

Neste 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 )
	=	64614.3825	/	107633.33
	=	0.60

* 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.

Neste OYJ Inventory Turnover Related Terms

Neste OYJ Inventory Turnover Historical Data

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The historical data trend for Neste OYJ's Inventory Turnover can be seen below:

Neste OYJ Inventory Turnover Chart

Neste OYJ Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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5.45

6.77

5.37

6.74

5.87

Neste 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															1.55	1.33	1.28	1.39	1.34

80GF Score

Neste OYJ MEX:NESTEN

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

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Neste OYJ Inventory Turnover Calculation

Neste 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 )
=	364878.974	/ (	(63265.93	+	61038.058)	/	2 )
=	364878.974	/	62151.994
=	5.87

Neste 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 )
=	86765.431	/ (	(61038.058	+	68190.707)	/	2 )
=	86765.431	/	64614.3825
=	1.34

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.34 mean?

Neste OYJ (MEX:NESTEN) has a Inventory Turnover of 1.34 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Neste OYJ and its competitors.

Is Neste OYJ's Inventory Turnover too high?

Neste OYJ's current Inventory Turnover is 1.34. Overall, Neste OYJ has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.

How does Neste OYJ's Inventory Turnover compare to VLO and MPC?

Neste OYJ's Inventory Turnover of 1.34 can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 Neste OYJ and its competitors. Neste OYJ's current Inventory Turnover is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Neste OYJ stock overvalued right now?

Neste OYJ (MEX:NESTEN) has a current Inventory Turnover of 1.34. The stock's GF Value™ is MXN412.25, compared to a current price of MXN593.47 — trading 44% above its estimated fair value. The current Inventory Turnover is 1.34. Neste OYJ's overall GF Score™ is 80/100 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 Neste OYJ (MEX:NESTEN), the current Inventory Turnover is 1.34 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 Neste OYJ (MEX:NESTEN) Overvalued in 2026?

Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued. The current stock price of MXN593.47 is trading 44% above its estimated GF Value™ of MXN412.25.

Key valuation signals for MEX:NESTEN:

Inventory Turnover: 1.34
GF Value™: MXN412.25 vs. price of MXN593.47 (44% above fair value)
GF Score™: 80/100 with 6 warning signs

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

Neste OYJ Business Description

Industry Energy Oil & Gas

Comparable Companies NSE:RELIANCE VLO MPC PSX XKAZ:KMGZ TSE:5020 NSE:IOC TPE:6505 XKRX:096770 BOM:500547 XKRX:267250 DINO SUN TSE:5019 IST:TUPRS BUD:MOL SAU:2380 NSE:HINDPETRO XKRX:010950 HKSE:00135

Other Exchanges NTOIY:USA NTOIF:USA 1NESTE:Italy NESTEh:UK 0O46:UK NESTE:Finland NEF:Germany

Address Keilaranta 21, Espoo, FIN, 02150

Website https://www.neste.com

Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.

80GF Score

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MXN593.47

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MXN412.25

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