PNE AG (MIL:1PNE) Inventory Turnover: 0.11 (As of Mar. 2026)


MIL:1PNE PNE AG MIL:1PNE
51 GF Score
Price €10.78
GF Value €25.40
Valuation Possible Value Trap
! 6 Warning Signs
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What is PNE AG Inventory Turnover?

PNE AG MIL:1PNE 51 Inventory Turnover is 0.11 as of Mar. 2026. GuruFocus rates MIL:1PNE with a GF Score™ of 51/100 and a GF Value™ of €25.40 (Possible Value Trap). 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. PNE AG's Cost of Goods Sold for the three months ended in Mar. 2026 was €15.4 Mil. PNE AG's Average Total Inventories for the quarter that ended in Mar. 2026 was €144.6 Mil. PNE AG's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PNE AG's Days Inventory for the three months ended in Mar. 2026 was 856.51.

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. PNE AG's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.57.

PNE AG  (MIL:1PNE) 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.

PNE AG'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
=144.55/15.4*365 / 4
=856.51

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.

PNE AG'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 )
=144.55 / 56.2
=2.57

* 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.

PNE AG Inventory Turnover Related Terms

PNE AG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for PNE AG'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.

PNE AG Inventory Turnover Chart

PNE AG 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 0.27 0.26 0.06 0.24 0.39

PNE AG 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 0.03 0.06 0.08 0.08 0.11
MIL:1PNE
51GF Score
PNE AG MIL:1PNE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PNE AG Inventory Turnover Calculation

PNE AG'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 )
=57.3 / ((171.8 + 121.8) / 2 )
=57.3 / 146.8
=0.39

PNE AG'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 )
=15.4 / ((121.8 + 167.3) / 2 )
=15.4 / 144.55
=0.11

* 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 0.11 mean?
PNE AG (MIL:1PNE) has a Inventory Turnover of 0.11 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on PNE AG and its competitors.
Is PNE AG's Inventory Turnover too high?
PNE AG's current Inventory Turnover is 0.11. Overall, PNE AG has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Inventory Turnover compare to competitors?
PNE AG's Inventory Turnover of 0.11 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Inventory Turnover depends on the Utilities - Independent Power Producers 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 PNE AG and its competitors. PNE AG's current Inventory Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (MIL:1PNE) is currently considered Possible Value Trap. The stock's GF Value™ is €25.40, compared to a current price of €10.78 — trading 57.6% below its estimated fair value. The current Inventory Turnover is 0.11. PNE AG's overall GF Score™ is 51/100 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 PNE AG (MIL:1PNE), the current Inventory Turnover is 0.11 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 PNE AG (MIL:1PNE) Overvalued in 2026?

Based on GuruFocus' analysis, PNE AG stock appears to be undervalued. The current stock price of €10.78 is trading 57.6% below its estimated GF Value™ of €25.40. GuruFocus considers PNE AG to be Possible Value Trap.

Key valuation signals for MIL:1PNE:

  • Inventory Turnover: 0.11
  • GF Value™: €25.40 vs. price of €10.78 (57.6% below fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the MIL:1PNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PNE AG Business Description

Address Peter Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
51GF Score

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

€10.78
Price
€25.40
GF Value