NBIAY (Nobia AB) Inventory Turnover: 2.27 (As of Mar. 2026)

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NBIAY Nobia AB NBIAY
51 GF Score
Price $7.75
GF Value $5.58
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nobia AB Inventory Turnover?

Nobia AB NBIAY 51 Inventory Turnover is 2.27 as of Mar. 2026. GuruFocus rates NBIAY with a GF Score™ of 51/100 and a GF Value™ of $5.58 (Modestly Undervalued). The stock has 5 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. Nobia AB's Cost of Goods Sold for the three months ended in Mar. 2026 was $100.1 Mil. Nobia AB's Average Total Inventories for the quarter that ended in Mar. 2026 was $44.1 Mil. Nobia AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nobia AB's Days Inventory for the three months ended in Mar. 2026 was 40.15.

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. Nobia AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.29.

Nobia AB  (OTCPK:NBIAY) 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.

Nobia AB'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
=44.059/100.138*365 / 4
=40.15

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.

Nobia AB'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 )
=44.059 / 152.836
=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.

Nobia AB Inventory Turnover Related Terms

Nobia AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nobia AB'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.

Nobia AB Inventory Turnover Chart

Nobia AB 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 7.23 6.69 5.64 3.16 5.71

Nobia AB 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 0.86 1.59 1.43 1.34 2.27
NBIAY
51GF Score
Nobia AB NBIAY
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nobia AB Inventory Turnover Calculation

Nobia AB'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 )
=400.279 / ((97.223 + 42.933) / 2 )
=400.279 / 70.078
=5.71

Nobia AB'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 )
=100.138 / ((42.933 + 45.185) / 2 )
=100.138 / 44.059
=2.27

* 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 2.27 mean?
Nobia AB (NBIAY) has a Inventory Turnover of 2.27 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nobia AB and its competitors.
Is Nobia AB's Inventory Turnover too high?
Nobia AB's current Inventory Turnover is 2.27. Overall, Nobia AB has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nobia AB's Inventory Turnover compare to SN and SGI?
Nobia AB's Inventory Turnover of 2.27 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Inventory Turnover depends on the Furnishings, Fixtures & Appliances 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 Nobia AB and its competitors. Nobia AB's current Inventory Turnover is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nobia AB stock overvalued right now?
Based on GuruFocus' analysis, Nobia AB (NBIAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.58, compared to a current price of $7.75 — trading 38.9% above its estimated fair value. The current Inventory Turnover is 2.27. Nobia AB's overall GF Score™ is 51/100 with 5 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 Nobia AB (NBIAY), the current Inventory Turnover is 2.27 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 Nobia AB (NBIAY) Overvalued in 2026?

Based on GuruFocus' analysis, Nobia AB stock appears to be overvalued. The current stock price of $7.75 is trading 38.9% above its estimated GF Value™ of $5.58. GuruFocus considers Nobia AB to be Modestly Undervalued.

Key valuation signals for NBIAY:

  • Inventory Turnover: 2.27
  • GF Value™: $5.58 vs. price of $7.75 (38.9% above fair value)
  • GF Score™: 51/100 with 5 warning signs

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

Nobia AB Business Description

Other Exchanges NOBI:SwedenNOBIs:UK0GW0:UK
Address Blekholmstorget 30E, Stockholm, SWE, SE-111 64
Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.
51GF Score

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

$7.75
Price
$5.58
GF Value