MTX (Minerals Technologies) Inventory Turnover: 1.17 (As of Mar. 2026)

What is Minerals Technologies Inventory Turnover?

Minerals Technologies MTX +0.92% 75 Inventory Turnover is 1.17 as of Mar. 2026. GuruFocus rates MTX with a GF Score™ of 75/100 and a GF Value™ of $70.18 (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. Minerals Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was $416 Mil. Minerals Technologies's Average Total Inventories for the quarter that ended in Mar. 2026 was $354 Mil. Minerals Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minerals Technologies's Days Inventory for the three months ended in Mar. 2026 was 77.70.

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. Minerals Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.65.

Minerals Technologies (NYSE:MTX) 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.

Minerals Technologies'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
	=	354.05	/	415.8	*	365 / 4
	=	77.70

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.

Minerals Technologies'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 )
	=	354.05	/	546.9
	=	0.65

* 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.

Minerals Technologies Inventory Turnover Related Terms

Minerals Technologies Inventory Turnover Historical Data

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The historical data trend for Minerals Technologies's Inventory Turnover can be seen below:

Minerals Technologies Inventory Turnover Chart

Minerals Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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5.17

5.14

4.93

4.71

4.49

Minerals Technologies 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															1.07	1.10	1.09	1.11	1.17

75GF Score

Minerals Technologies Inc MTX

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

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Minerals Technologies Inventory Turnover Calculation

Minerals Technologies'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 )
=	1554.6	/ (	(342.1	+	350.2)	/	2 )
=	1554.6	/	346.15
=	4.49

Minerals Technologies'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 )
=	415.8	/ (	(350.2	+	357.9)	/	2 )
=	415.8	/	354.05
=	1.17

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.17 mean?

Minerals Technologies (MTX) has a Inventory Turnover of 1.17 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Minerals Technologies and its competitors.

Is Minerals Technologies' Inventory Turnover too high?

Minerals Technologies' current Inventory Turnover is 1.17. Overall, Minerals Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Minerals Technologies' Inventory Turnover compare to NGVT and KWR?

Minerals Technologies' Inventory Turnover of 1.17 can be compared against companies in the Chemicals 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 Chemicals company?

A good Inventory Turnover depends on the Chemicals 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 Minerals Technologies and its competitors. Minerals Technologies's current Inventory Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Minerals Technologies stock overvalued right now?

Based on GuruFocus' analysis, Minerals Technologies (MTX) is currently considered Fairly Valued. The stock's GF Value™ is $70.18, compared to a current price of $74.46 — trading 6.1% above its estimated fair value. The current Inventory Turnover is 1.17. Minerals Technologies' overall GF Score™ is 75/100 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 Minerals Technologies (MTX), the current Inventory Turnover is 1.17 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 Minerals Technologies (MTX) Overvalued in 2026?

Based on GuruFocus' analysis, Minerals Technologies stock appears to be overvalued. The current stock price of $74.46 is trading 6.1% above its estimated GF Value™ of $70.18. GuruFocus considers Minerals Technologies to be Fairly Valued.

Key valuation signals for MTX:

Inventory Turnover: 1.17
GF Value™: $70.18 vs. price of $74.46 (6.1% above fair value)
GF Score™: 75/100 with 7 warning signs

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

Minerals Technologies Business Description

Industry Basic Materials Chemicals

Comparable Companies NGVT KWR IOSP ASH CLMT CC WDFC HWKN FUL AVNT LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309

Other Exchanges MNK:Germany

Address 622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707

Website https://www.mineralstech.com

Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into two segments: The Consumer & Specialties segment that derives maximum revenue, serves consumer end markets directly with mineral-to-market finished products and also provides specialty mineral-based solutions and technologies that are an essential component of its customers' finished products; and The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve its customers' manufacturing processes and projects. The majority of revenue comes from the United States, while it also has its presence in Canada/Latin America, Europe/Africa, and Asia.

75GF Score

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$74.46

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$70.18

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