TTM Technologies (MEX:TTMI) Inventory Turnover: 2.51 (As of Mar. 2026)

What is TTM Technologies Inventory Turnover?

TTM Technologies MEX:TTMI 50 Inventory Turnover is 2.51 as of Mar. 2026. GuruFocus rates MEX:TTMI with a GF Score™ of 50/100 and a GF Value™ of MXN676.50 (Significantly Overvalued). The stock has 2 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. TTM Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN11,988 Mil. TTM Technologies's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN4,778 Mil. TTM Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TTM Technologies's Days Inventory for the three months ended in Mar. 2026 was 36.37.

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. TTM Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.

TTM Technologies (MEX:TTMI) 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.

TTM Technologies'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
	=	4777.697	/	11988.048	*	365 / 4
	=	36.37

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.

TTM Technologies'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 )
	=	4777.697	/	15255.231
	=	0.31

* 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.

TTM Technologies Inventory Turnover Related Terms

TTM Technologies Inventory Turnover Historical Data

* Premium members only.

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

TTM Technologies Inventory Turnover Chart

TTM Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

15.66

13.36

8.89

9.87

9.03

TTM Technologies 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															2.17	2.25	2.33	2.39	2.51

50GF Score

TTM Technologies Inc MEX:TTMI

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

View Full Analysis

TTM Technologies Inventory Turnover Calculation

TTM Technologies'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 )
=	41496.998	/ (	(4692.22	+	4502.451)	/	2 )
=	41496.998	/	4597.3355
=	9.03

TTM Technologies'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 )
=	11988.048	/ (	(4502.451	+	5052.943)	/	2 )
=	11988.048	/	4777.697
=	2.51

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.51 mean?

TTM Technologies (MEX:TTMI) has a Inventory Turnover of 2.51 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on TTM Technologies and its competitors.

Is TTM Technologies' Inventory Turnover too high?

TTM Technologies' current Inventory Turnover is 2.51. Overall, TTM Technologies has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does TTM Technologies' Inventory Turnover compare to FN and VICR?

TTM Technologies' Inventory Turnover of 2.51 can be compared against companies in the Hardware 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 Hardware company?

A good Inventory Turnover depends on the Hardware 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 TTM Technologies and its competitors. TTM Technologies's current Inventory Turnover is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TTM Technologies stock overvalued right now?

Based on GuruFocus' analysis, TTM Technologies (MEX:TTMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN676.50, compared to a current price of MXN3,538.60 — trading 423.1% above its estimated fair value. The current Inventory Turnover is 2.51. TTM Technologies' overall GF Score™ is 50/100 with 2 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 TTM Technologies (MEX:TTMI), the current Inventory Turnover is 2.51 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 TTM Technologies (MEX:TTMI) Overvalued in 2026?

Based on GuruFocus' analysis, TTM Technologies stock appears to be overvalued. The current stock price of MXN3,538.60 is trading 423.1% above its estimated GF Value™ of MXN676.50. GuruFocus considers TTM Technologies to be Significantly Overvalued.

Key valuation signals for MEX:TTMI:

Inventory Turnover: 2.51
GF Value™: MXN676.50 vs. price of MXN3,538.60 (423.1% above fair value)
GF Score™: 50/100 with 2 warning signs

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

TTM Technologies Business Description

Industry Technology Hardware

Comparable Companies FN VICR SANM LFUS RAL PLXS BELFB OLED OSIS KN APH GLW TPE:2308 TSE:6981 TPE:2317 XKRX:009150 SZSE:002475 SZSE:002384 TPE:2327 SHSE:600183

Other Exchanges TTMI:USA TT1:Germany TT1:Germany TT1:Germany

Address 200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707

Website https://www.ttm.com

TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates. It operates through three segments: A&D, Commercial, and RF&S Components. The A&D segment supports aerospace and defense missions with PCBs, assemblies, microelectronics, and integrated systems. The Commercial segment, generating the majority of revenue, serves automotive, medical, industrial, and data center markets. The RF&S Components segment provides TTM-designed RF components and COTS products. The Company's revenues come from PCBs, engineered systems, and long-term contracts for intelligence, surveillance, and communications solutions.

50GF Score

Get the complete analysis for MEX:TTMI

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

MXN3,538.60

Price

MXN676.50

GF Value

View MEX:TTMI Analysis

See Inventory Turnover data for all stocks →