Polaris (MEX:PII) Inventory Turnover: 0.89 (As of Mar. 2026)

What is Polaris Inventory Turnover?

Polaris MEX:PII 72 Inventory Turnover is 0.89 as of Mar. 2026. GuruFocus rates MEX:PII with a GF Score™ of 72/100 and a GF Value™ of MXN1,153.82. The stock has 10 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. Polaris's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN23,873 Mil. Polaris's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN26,849 Mil. Polaris's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Polaris's Days Inventory for the three months ended in Mar. 2026 was 102.62.

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. Polaris's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.90.

Polaris (MEX:PII) 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.

Polaris'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
	=	26848.754	/	23873.492	*	365 / 4
	=	102.62

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.

Polaris'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 )
	=	26848.754	/	29910.84
	=	0.90

* 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.

Polaris Inventory Turnover Related Terms

Polaris Inventory Turnover Historical Data

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

Polaris Inventory Turnover Chart

Polaris Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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4.29

3.80

3.50

3.55

3.37

Polaris 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															0.73	0.83	0.85	0.98	0.89

72GF Score

Polaris Inc MEX:PII

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

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Polaris Inventory Turnover Calculation

Polaris'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 )
=	104132.364	/ (	(36320.202	+	25431.251)	/	2 )
=	104132.364	/	30875.7265
=	3.37

Polaris'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 )
=	23873.492	/ (	(25431.251	+	28266.257)	/	2 )
=	23873.492	/	26848.754
=	0.89

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.89 mean?

Polaris (MEX:PII) has a Inventory Turnover of 0.89 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Polaris and its competitors.

Is Polaris' Inventory Turnover too high?

Polaris' current Inventory Turnover is 0.89. Overall, Polaris has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.

How does Polaris' Inventory Turnover compare to THO and PATK?

Polaris' Inventory Turnover of 0.89 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 Polaris and its competitors. Polaris's current Inventory Turnover is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Polaris stock overvalued right now?

Polaris (MEX:PII) has a current Inventory Turnover of 0.89. The stock's GF Value™ is MXN1,153.82, compared to a current price of MXN1,213.00 — trading 5.1% above its estimated fair value. The current Inventory Turnover is 0.89. Polaris' overall GF Score™ is 72/100 with 10 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 Polaris (MEX:PII), the current Inventory Turnover is 0.89 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 Polaris (MEX:PII) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris stock appears to be overvalued. The current stock price of MXN1,213.00 is trading 5.1% above its estimated GF Value™ of MXN1,153.82.

Key valuation signals for MEX:PII:

Inventory Turnover: 0.89
GF Value™: MXN1,153.82 vs. price of MXN1,213.00 (5.1% above fair value)
GF Score™: 72/100 with 10 warning signs

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

Polaris Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies THO PATK HOG BC LCII WGO MCFT MBUU KNDI MAMO SHSE:603129 TSX:DOO XPAR:TRI MIL:SL ISX:VKTR MIL:YACHT NZSE:THL HKSE:00805 XPAR:BEN TPE:8478

Other Exchanges PII:USA 0KJQ:UK PL6:Germany

Address 2100 Highway 55, Medina, MN, USA, 55340

Website https://www.polaris.com

Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.

72GF Score

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

MXN1,213.00

Price

MXN1,153.82

GF Value

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