Reliance (MEX:RS) Inventory Turnover: 1.29 (As of Mar. 2026)

What is Reliance Inventory Turnover?

Reliance MEX:RS 89 Inventory Turnover is 1.29 as of Mar. 2026. GuruFocus rates MEX:RS with a GF Score™ of 89/100 and a GF Value™ of MXN4,984.12. 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. Reliance's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN51,467 Mil. Reliance's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN39,847 Mil. Reliance's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reliance's Days Inventory for the three months ended in Mar. 2026 was 70.65.

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. Reliance's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.55.

Reliance (MEX:RS) 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.

Reliance'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
	=	39847.0755	/	51467.129	*	365 / 4
	=	70.65

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.

Reliance'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 )
	=	39847.0755	/	72599.65
	=	0.55

* 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.

Reliance Inventory Turnover Related Terms

Reliance Inventory Turnover Historical Data

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

Reliance Inventory Turnover Chart

Reliance Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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5.58

5.65

4.73

5.27

4.49

Reliance 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															1.17	1.13	1.13	1.12	1.29

89GF Score

Reliance Inc MEX:RS

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

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Reliance Inventory Turnover Calculation

Reliance'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 )
=	183420.465	/ (	(42270.333	+	39392.87)	/	2 )
=	183420.465	/	40831.6015
=	4.49

Reliance'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 )
=	51467.129	/ (	(39392.87	+	40301.281)	/	2 )
=	51467.129	/	39847.0755
=	1.29

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.29 mean?

Reliance (MEX:RS) has a Inventory Turnover of 1.29 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Reliance and its competitors.

Is Reliance's Inventory Turnover too high?

Reliance's current Inventory Turnover is 1.29. Overall, Reliance has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.

How does Reliance's Inventory Turnover compare to TX and CLF?

Reliance's Inventory Turnover of 1.29 can be compared against companies in the Steel 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 Steel company?

A good Inventory Turnover depends on the Steel 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 Reliance and its competitors. Reliance's current Inventory Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Reliance stock overvalued right now?

Reliance (MEX:RS) has a current Inventory Turnover of 1.29. The stock's GF Value™ is MXN4,984.12, compared to a current price of MXN5,529.80 — trading 10.9% above its estimated fair value. The current Inventory Turnover is 1.29. Reliance's overall GF Score™ is 89/100 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 Reliance (MEX:RS), the current Inventory Turnover is 1.29 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 Reliance (MEX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance stock appears to be overvalued. The current stock price of MXN5,529.80 is trading 10.9% above its estimated GF Value™ of MXN4,984.12.

Key valuation signals for MEX:RS:

Inventory Turnover: 1.29
GF Value™: MXN4,984.12 vs. price of MXN5,529.80 (10.9% above fair value)
GF Score™: 89/100 with 6 warning signs

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

Reliance Business Description

Industry Basic Materials Steel

Comparable Companies TX CLF STLD WS NWPX MTUS MSB FRD INHD LUD NUE XAMS:MT BOM:500228 NSE:TATASTEEL TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 BOM:532286 ASX:BSL

Other Exchanges RS:USA RS6:Germany

Address 735 North 19th Avenue, Phoenix, AZ, USA, 85009

Website https://www.reliance.com

Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.

89GF Score

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

MXN5,529.80

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MXN4,984.12

GF Value

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