MLAB (Mesa Laboratories) Inventory Turnover: 0.81 (As of Mar. 2026)

What is Mesa Laboratories Inventory Turnover?

Mesa Laboratories MLAB +4.32% 77 Inventory Turnover is 0.81 as of Mar. 2026. GuruFocus rates MLAB with a GF Score™ of 77/100 and a GF Value™ of $116.05 (Modestly Undervalued). The stock has 8 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. Mesa Laboratories's Cost of Goods Sold for the three months ended in Mar. 2026 was $21.5 Mil. Mesa Laboratories's Average Total Inventories for the quarter that ended in Mar. 2026 was $26.5 Mil. Mesa Laboratories's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mesa Laboratories's Days Inventory for the three months ended in Mar. 2026 was 112.23.

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. Mesa Laboratories's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.42.

Mesa Laboratories (NAS:MLAB) 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.

Mesa Laboratories'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
	=	26.466	/	21.519	*	365 / 4
	=	112.23

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.

Mesa Laboratories'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 )
	=	26.466	/	63.724
	=	0.42

* 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.

Mesa Laboratories Inventory Turnover Related Terms

Mesa Laboratories Inventory Turnover Historical Data

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The historical data trend for Mesa Laboratories's Inventory Turnover can be seen below:

Mesa Laboratories Inventory Turnover Chart

Mesa Laboratories Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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4.21

2.88

2.46

3.11

3.51

Mesa Laboratories 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															0.89	0.85	0.84	0.86	0.81

77GF Score

Mesa Laboratories Inc MLAB

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Mesa Laboratories Inventory Turnover Calculation

Mesa Laboratories's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

	Inventory Turnover (A: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2026 )	/ (	(Total Inventories (A: Mar. 2025 )	+	Total Inventories (A: Mar. 2026 ))	/	count )
=	90.86	/ (	(25.365	+	26.373)	/	2 )
=	90.86	/	25.869
=	3.51

Mesa Laboratories'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 )
=	21.519	/ (	(26.559	+	26.373)	/	2 )
=	21.519	/	26.466
=	0.81

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.81 mean?

Mesa Laboratories (MLAB) has a Inventory Turnover of 0.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mesa Laboratories and its competitors.

Is Mesa Laboratories' Inventory Turnover too high?

Mesa Laboratories' current Inventory Turnover is 0.81. Overall, Mesa Laboratories has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Mesa Laboratories' Inventory Turnover compare to AERG and MVIS?

Mesa Laboratories' Inventory Turnover of 0.81 can be compared against companies in the Hardware 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 Hardware company?

A good Inventory Turnover depends on the Hardware 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 Mesa Laboratories and its competitors. Mesa Laboratories's current Inventory Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mesa Laboratories stock overvalued right now?

Based on GuruFocus' analysis, Mesa Laboratories (MLAB) is currently considered Modestly Undervalued. The stock's GF Value™ is $116.05, compared to a current price of $102.42 — trading 11.7% below its estimated fair value. The current Inventory Turnover is 0.81. Mesa Laboratories' overall GF Score™ is 77/100 with 8 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 Mesa Laboratories (MLAB), the current Inventory Turnover is 0.81 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 Mesa Laboratories (MLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Mesa Laboratories stock appears to be undervalued. The current stock price of $102.42 is trading 11.7% below its estimated GF Value™ of $116.05. GuruFocus considers Mesa Laboratories to be Modestly Undervalued.

Key valuation signals for MLAB:

Inventory Turnover: 0.81
GF Value™: $116.05 vs. price of $102.42 (11.7% below fair value)
GF Score™: 77/100 with 8 warning signs

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

Mesa Laboratories Business Description

Industry Technology Hardware

Comparable Companies AERG MVIS ARBE USBC GNSS ASTC SOTK ODYS WRAP MIND TSE:6861 COHR KEYS GRMN TPE:2360 TDY OSTO:HEXA B MKSI FTV TRMB

Address 12100 West Sixth Avenue, Lakewood, CO, USA, 80228

Website https://www.mesalabs.com

Mesa Laboratories Inc manufactures life sciences tools and critical quality control solutions. It operates in four divisions: i) Sterilization and Disinfection Control, which manufactures and sells biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization, decontamination, disinfection, and cleaning processes. ii) Clinical Genomics division develops, manufactures, and sells sensitive, low-cost, high-throughput genetic analysis tools and related consumables. iii) The Biopharmaceutical Development division develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. iv) The Calibration Solutions division develops, manufactures, sells, and services quality control products.

77GF Score

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$102.42

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