Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. nVent Electric's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €689 Mil. nVent Electric's Average Total Inventories for the quarter that ended in Mar. 2026 was €423 Mil.
nVent Electric's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.63.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
nVent Electric's Days Inventory for the
three
months ended in Mar. 2026 was 56.02.
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.
nVent Electric's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.39.
nVent Electric (MIL:1NVT) 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.
nVent Electric's Days Inventory for the
three
months ended in Mar. 2026 is calculated as:
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.
nVent Electric's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
nVent Electric Inventory Turnover Related Terms
nVent Electric Inventory Turnover Historical Data
* Premium members only.
The historical data trend for nVent Electric'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.
* 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.
nVent Electric (MIL:1NVT) has a Inventory Turnover of 1.63 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on nVent Electric and its competitors.
Is nVent Electric's Inventory Turnover too high?
nVent Electric's current Inventory Turnover is 1.63. Overall, nVent Electric has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does nVent Electric's Inventory Turnover compare to HUBB and AEIS?
nVent Electric's Inventory Turnover of 1.63 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 nVent Electric and its competitors. nVent Electric's current Inventory Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is nVent Electric stock overvalued right now?
Based on GuruFocus' analysis, nVent Electric (MIL:1NVT) is currently considered Significantly Overvalued. The stock's GF Value™ is €122.19, compared to a current price of €139.00 — trading 13.8% above its estimated fair value. The current Inventory Turnover is 1.63. nVent Electric's overall GF Score™ is 68/100 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 nVent Electric (MIL:1NVT), the current Inventory Turnover is 1.63 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 nVent Electric (MIL:1NVT) Overvalued in 2026?
Based on GuruFocus' analysis, nVent Electric stock appears to be overvalued.
The current stock price of €139.00 is trading 13.8% above its estimated GF Value™ of €122.19.
GuruFocus considers nVent Electric to be Significantly Overvalued.
Key valuation signals for MIL:1NVT:
Inventory Turnover: 1.63
GF Value™: €122.19 vs. price of €139.00 (13.8% above fair value)
No single metric tells the full story. See the MIL:1NVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NVent is a leading global provider of electrical connection and protection solutions that touch a broad range of end markets, including infrastructure, industrial, commercial, and residential. NVent designs, manufactures, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. North America accounts for the majority of sales.
68GF Score
Get the complete analysis for MIL:1NVT
Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:1NVT has been successfully added to your 
