MICLF (Mycronic AB) Inventory Turnover: 0.45 (As of Mar. 2026)


MICLF Mycronic AB MICLF
87 GF Score
Price $32.92
GF Value $22.47
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mycronic AB Inventory Turnover?

Mycronic AB MICLF 87 Inventory Turnover is 0.45 as of Mar. 2026. GuruFocus rates MICLF with a GF Score™ of 87/100 and a GF Value™ of $22.47 (Significantly Overvalued). The stock has 4 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. Mycronic AB's Cost of Goods Sold for the three months ended in Mar. 2026 was $105.8 Mil. Mycronic AB's Average Total Inventories for the quarter that ended in Mar. 2026 was $236.8 Mil. Mycronic AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mycronic AB's Days Inventory for the three months ended in Mar. 2026 was 204.18.

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. Mycronic AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.88.

Mycronic AB  (OTCPK:MICLF) 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.

Mycronic AB'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
=236.792/105.826*365 / 4
=204.18

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.

Mycronic AB'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 )
=236.792 / 268.643
=0.88

* 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.

Mycronic AB Inventory Turnover Related Terms

Mycronic AB Inventory Turnover Historical Data

* Premium members only.

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

* 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.

Mycronic AB Inventory Turnover Chart

Mycronic AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 1.89 1.89 1.77 1.94

Mycronic AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.47 0.42 0.50 0.45
MICLF
87GF Score
Mycronic AB MICLF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mycronic AB Inventory Turnover Calculation

Mycronic AB'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 )
=406.198 / ((187.164 + 231.344) / 2 )
=406.198 / 209.254
=1.94

Mycronic AB'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 )
=105.826 / ((231.344 + 242.24) / 2 )
=105.826 / 236.792
=0.45

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.45 mean?
Mycronic AB (MICLF) has a Inventory Turnover of 0.45 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mycronic AB and its competitors.
Is Mycronic AB's Inventory Turnover too high?
Mycronic AB's current Inventory Turnover is 0.45. Overall, Mycronic AB has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mycronic AB's Inventory Turnover compare to GEV and ETN?
Mycronic AB's Inventory Turnover of 0.45 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Mycronic AB and its competitors. Mycronic AB's current Inventory Turnover is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycronic AB stock overvalued right now?
Based on GuruFocus' analysis, Mycronic AB (MICLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.47, compared to a current price of $32.92 — trading 46.5% above its estimated fair value. The current Inventory Turnover is 0.45. Mycronic AB's overall GF Score™ is 87/100 with 4 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 Mycronic AB (MICLF), the current Inventory Turnover is 0.45 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 Mycronic AB (MICLF) Overvalued in 2026?

Based on GuruFocus' analysis, Mycronic AB stock appears to be overvalued. The current stock price of $32.92 is trading 46.5% above its estimated GF Value™ of $22.47. GuruFocus considers Mycronic AB to be Significantly Overvalued.

Key valuation signals for MICLF:

  • Inventory Turnover: 0.45
  • GF Value™: $22.47 vs. price of $32.92 (46.5% above fair value)
  • GF Score™: 87/100 with 4 warning signs

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

Mycronic AB Business Description

Address Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, & markets mask writers & measuring machines for the production of photomasks for displays; The PCB Assembly Solutions division develops, manufactures, and markets flexible PCB assembly solutions, including jet printing, stencil printing, 3D inspection, component placement, and automated storage solutions. The High Volume division develops, manufactures, & markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation. The majority of its revenue is generated from the PCB Generators segment.
87GF Score

Get the complete analysis for MICLF

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

$32.92
Price
$22.47
GF Value