MYGSF (Myer Holdings) Inventory Turnover: 1.99 (As of Jan. 2026)

What is Myer Holdings Inventory Turnover?

Myer Holdings MYGSF 42 Inventory Turnover is 1.99 as of Jan. 2026. GuruFocus rates MYGSF with a GF Score™ of 42/100 and a GF Value™ of $1.53. The stock has 4 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. Myer Holdings's Cost of Goods Sold for the six months ended in Jan. 2026 was $677 Mil. Myer Holdings's Average Total Inventories for the quarter that ended in Jan. 2026 was $341 Mil. Myer Holdings's Inventory Turnover for the quarter that ended in Jan. 2026 was 1.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Myer Holdings's Days Inventory for the six months ended in Jan. 2026 was 91.88.

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. Myer Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.29.

Myer Holdings (OTCPK:MYGSF) 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.

Myer Holdings's Days Inventory for the six months ended in Jan. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2026 )	/	Cost of Goods Sold (Q: Jan. 2026 )	*	Days in Period
	=	340.6965	/	676.699	*	365 / 2
	=	91.88

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.

Myer Holdings's Inventory to Revenue for the quarter that ended in Jan. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2026 )	/	Revenue (Q: Jan. 2026 )
	=	340.6965	/	1186.889
	=	0.29

* 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.

Myer Holdings Inventory Turnover Related Terms

Myer Holdings Inventory Turnover Historical Data

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The historical data trend for Myer Holdings's Inventory Turnover can be seen below:

Myer Holdings Inventory Turnover Chart

Myer Holdings Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Jul25

Inventory Turnover

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4.36

3.87

4.10

3.90

3.69

Myer Holdings Semi-Annual Data
	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25	Jul25	Jan26
Inventory Turnover	Get a 7-Day Free Trial															2.19	1.70	2.03	1.80	1.99

42GF Score

Myer Holdings Ltd MYGSF

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

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Myer Holdings Inventory Turnover Calculation

Myer Holdings's Inventory Turnover for the fiscal year that ended in Jul. 2025 is calculated as

	Inventory Turnover (A: Jul. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2025 )	/ (	(Total Inventories (A: Jul. 2024 )	+	Total Inventories (A: Jul. 2025 ))	/	count )
=	1047.189	/ (	(245.831	+	322.222)	/	2 )
=	1047.189	/	284.0265
=	3.69

Myer Holdings's Inventory Turnover for the quarter that ended in Jan. 2026 is calculated as

	Inventory Turnover (Q: Jan. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2026 )	/ (	(Total Inventories (Q: Jul. 2025 )	+	Total Inventories (Q: Jan. 2026 ))	/	count )
=	676.699	/ (	(322.222	+	359.171)	/	2 )
=	676.699	/	340.6965
=	1.99

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.99 mean?

Myer Holdings (MYGSF) has a Inventory Turnover of 1.99 as of Jan. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Myer Holdings and its competitors.

Is Myer Holdings' Inventory Turnover too high?

Myer Holdings' current Inventory Turnover is 1.99. Overall, Myer Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.

How does Myer Holdings' Inventory Turnover compare to DDS and M?

Myer Holdings' Inventory Turnover of 1.99 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?

A good Inventory Turnover depends on the Retail - Cyclical 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 Myer Holdings and its competitors. Myer Holdings's current Inventory Turnover is 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Myer Holdings stock overvalued right now?

Myer Holdings (MYGSF) has a current Inventory Turnover of 1.99. The stock's GF Value™ is $1.53, compared to a current price of $0.97 — trading 36.6% below its estimated fair value. The current Inventory Turnover is 1.99. Myer Holdings' overall GF Score™ is 42/100 with 4 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 Myer Holdings (MYGSF), the current Inventory Turnover is 1.99 as of Jan. 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 Myer Holdings (MYGSF) Overvalued in 2026?

Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued. The current stock price of $0.97 is trading 36.6% below its estimated GF Value™ of $1.53.

Key valuation signals for MYGSF:

Inventory Turnover: 1.99
GF Value™: $1.53 vs. price of $0.97 (36.6% below fair value)
GF Score™: 42/100 with 4 warning signs

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

Myer Holdings Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies ASX:XEN TSE:8267 XSGO:FALABELLA PHS:SM TSE:7453 LSE:MKS JSE:SHP DDS TSE:3099 MEX:LIVEPOL1 XKLS:5326 M XSGO:CENCOSUD TSE:9005 NSE:VMM TSE:3086 JSE:PPH TSE:8233 BKK:CRC XKRX:004170

Other Exchanges 30M:Germany MYR:Australia

Address 1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008

Website https://www.myer.com.au

Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.

42GF Score

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

$0.97

Price

$1.53

GF Value

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