Circle SpA (MIL:CIRC) Inventory Turnover: 66.28 (As of Dec. 2025)


MIL:CIRC Circle SpA MIL:CIRC
83 GF Score
Price €13.70
GF Value €12.24
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Circle SpA Inventory Turnover?

Circle SpA MIL:CIRC -2.49% 83 Inventory Turnover is 66.28 as of Dec. 2025. GuruFocus rates MIL:CIRC with a GF Score™ of 83/100 and a GF Value™ of €12.24 (Modestly Overvalued). The stock has 7 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. Circle SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €11.27 Mil. Circle SpA's Average Total Inventories for the quarter that ended in Dec. 2025 was €0.17 Mil. Circle SpA's Inventory Turnover for the quarter that ended in Dec. 2025 was 66.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Circle SpA's Days Inventory for the six months ended in Dec. 2025 was 2.75.

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. Circle SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.01.

Circle SpA  (MIL:CIRC) 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.

Circle SpA's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=0.17/11.267*365 / 2
=2.75

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.

Circle SpA's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.17 / 12.011
=0.01

* 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.

Circle SpA Inventory Turnover Related Terms

Circle SpA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Circle SpA'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.

Circle SpA Inventory Turnover Chart

Circle SpA 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 37.64 62.54 71.95 18.75 64.75

Circle SpA Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 33.13 70.36 7.81 17.11 66.28
MIL:CIRC
83GF Score
Circle SpA MIL:CIRC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Circle SpA Inventory Turnover Calculation

Circle SpA'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 )
=15.314 / ((0.303 + 0.17) / 2 )
=15.314 / 0.2365
=64.75

Circle SpA's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=11.267 / ((0.17 + 0.17) / 2 )
=11.267 / 0.17
=66.28

* 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 66.28 mean?
Circle SpA (MIL:CIRC) has a Inventory Turnover of 66.28 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Circle SpA and its competitors.
Is Circle SpA's Inventory Turnover too high?
Circle SpA's current Inventory Turnover is 66.28. Overall, Circle SpA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Inventory Turnover compare to IBM and ACN?
Circle SpA's Inventory Turnover of 66.28 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Circle SpA and its competitors. Circle SpA's current Inventory Turnover is 66.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.24, compared to a current price of €13.70 — trading 11.9% above its estimated fair value. The current Inventory Turnover is 66.28. Circle SpA's overall GF Score™ is 83/100 with 7 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 Circle SpA (MIL:CIRC), the current Inventory Turnover is 66.28 as of Dec. 2025. 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 Circle SpA (MIL:CIRC) Overvalued in 2026?

Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued. The current stock price of €13.70 is trading 11.9% above its estimated GF Value™ of €12.24. GuruFocus considers Circle SpA to be Modestly Overvalued.

Key valuation signals for MIL:CIRC:

  • Inventory Turnover: 66.28
  • GF Value™: €12.24 vs. price of €13.70 (11.9% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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

Circle SpA Business Description

Address Via G. Battista Pergolesi 26, Milan, ITA, 20124
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
83GF Score

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

€13.70
Price
€12.24
GF Value