ERG SpA (MIL:ERG) Inventory Turnover: 0.12 (As of Mar. 2026)


MIL:ERG ERG SpA MIL:ERG
76 GF Score
Price €23.92
GF Value €24.40
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is ERG SpA Inventory Turnover?

ERG SpA MIL:ERG +1.87% 76 Inventory Turnover is 0.12 as of Mar. 2026. GuruFocus rates MIL:ERG with a GF Score™ of 76/100 and a GF Value™ of €24.40 (Fairly Valued). 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. ERG SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was €3.0 Mil. ERG SpA's Average Total Inventories for the quarter that ended in Mar. 2026 was €25.0 Mil. ERG SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ERG SpA's Days Inventory for the three months ended in Mar. 2026 was 759.96.

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. ERG SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.11.

ERG SpA  (MIL:ERG) 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.

ERG SpA'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
=24.985/3*365 / 4
=759.96

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.

ERG SpA'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 )
=24.985 / 231
=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.

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.

ERG SpA Inventory Turnover Related Terms

ERG SpA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for ERG 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.

ERG SpA Inventory Turnover Chart

ERG 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 0.97 2.21 3.18 3.57 3.30

ERG SpA 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 0.13 1.24 0.08 2.92 0.12
MIL:ERG
76GF Score
ERG SpA MIL:ERG
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ERG SpA Inventory Turnover Calculation

ERG 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 )
=79.976 / ((23.436 + 24.985) / 2 )
=79.976 / 24.2105
=3.30

ERG SpA'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 )
=3 / ((24.985 + 0) / 1 )
=3 / 24.985
=0.12

* 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 0.12 mean?
ERG SpA (MIL:ERG) has a Inventory Turnover of 0.12 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on ERG SpA and its competitors.
Is ERG SpA's Inventory Turnover too high?
ERG SpA's current Inventory Turnover is 0.12. Overall, ERG SpA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ERG SpA's Inventory Turnover compare to competitors?
ERG SpA's Inventory Turnover of 0.12 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 ERG SpA and its competitors. ERG SpA's current Inventory Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERG SpA stock overvalued right now?
Based on GuruFocus' analysis, ERG SpA (MIL:ERG) is currently considered Fairly Valued. The stock's GF Value™ is €24.40, compared to a current price of €23.92 — trading 2% below its estimated fair value. The current Inventory Turnover is 0.12. ERG SpA's overall GF Score™ is 76/100 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 ERG SpA (MIL:ERG), the current Inventory Turnover is 0.12 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 ERG SpA (MIL:ERG) Overvalued in 2026?

Based on GuruFocus' analysis, ERG SpA stock appears to be undervalued. The current stock price of €23.92 is trading 2% below its estimated GF Value™ of €24.40. GuruFocus considers ERG SpA to be Fairly Valued.

Key valuation signals for MIL:ERG:

  • Inventory Turnover: 0.12
  • GF Value™: €24.40 vs. price of €23.92 (2% below fair value)
  • GF Score™: 76/100 with 7 warning signs

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

ERG SpA Business Description

Other Exchanges ERGm:UK0MHC:UKER9:Germany
Address Via De Marini, 1, Torre WTC, Genoa, ITA, 16149
ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew which focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
76GF Score

Get the complete analysis for MIL:ERG

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

€23.92
Price
€24.40
GF Value