NIE (Virtus AllianzGI Equitynvertibleome Fund) Inventory Turnover: (As of Jan. 2026)

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NIE Virtus AllianzGI Equity & Convertible Income Fund NIE
50 GF Score
Price $25.50
GF Value $72.68
Valuation Possible Value Trap
! 5 Warning Signs
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What is Virtus AllianzGI Equitynvertibleome Fund Inventory Turnover?

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. Virtus AllianzGI Equitynvertibleome Fund's Cost of Goods Sold for the six months ended in Jan. 2026 was $4.02 Mil. Virtus AllianzGI Equitynvertibleome Fund's Average Total Inventories for the quarter that ended in Jan. 2026 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Virtus AllianzGI Equitynvertibleome Fund's Days Inventory for the six months ended in Jan. 2026 was 0.00.

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. Virtus AllianzGI Equitynvertibleome Fund's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.00.

Virtus AllianzGI Equitynvertibleome Fund  (NYSE:NIE) 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.

Virtus AllianzGI Equitynvertibleome Fund'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
=0/4.017*365 / 2
=0.00

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.

Virtus AllianzGI Equitynvertibleome Fund'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 )
=0 / 55.852
=0.00

* 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.

Virtus AllianzGI Equitynvertibleome Fund Inventory Turnover Related Terms

Virtus AllianzGI Equitynvertibleome Fund Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Virtus AllianzGI Equitynvertibleome Fund'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.

Virtus AllianzGI Equitynvertibleome Fund Inventory Turnover Chart

Virtus AllianzGI Equitynvertibleome Fund Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Inventory Turnover
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Virtus AllianzGI Equitynvertibleome Fund 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 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 - - - - -
NIE
50GF Score
Virtus AllianzGI Equity & Convertible Income Fund NIE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtus AllianzGI Equitynvertibleome Fund Inventory Turnover Calculation

Virtus AllianzGI Equitynvertibleome Fund's Inventory Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Inventory Turnover (A: Jan. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2026 ) / ((Total Inventories (A: Jan. 2025 ) + Total Inventories (A: Jan. 2026 )) / count )
=7.589 / ((0 + 0) / 1 )
=7.589 / 0
=N/A

Virtus AllianzGI Equitynvertibleome Fund'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 )
=4.017 / ((0 + 0) / 1 )
=4.017 / 0
=N/A

* 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.

Is Virtus AllianzGI Equitynvertibleome Fund (NIE) Overvalued in 2026?

Based on GuruFocus' analysis, Virtus AllianzGI Equitynvertibleome Fund stock appears to be undervalued. The current stock price of $25.50 is trading 64.9% below its estimated GF Value™ of $72.68. GuruFocus considers Virtus AllianzGI Equitynvertibleome Fund to be Possible Value Trap.

Key valuation signals for NIE:

  • Inventory Turnover:
  • GF Value™: $72.68 vs. price of $25.50 (64.9% below fair value)
  • GF Score™: 50/100 with 5 warning signs

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

Virtus AllianzGI Equitynvertibleome Fund Business Description

Address 101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus AllianzGI Equity & Convertible Income Fund is a diversified, closed-end management investment company. The investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. Its portfolio of investments comprises different sector investments, such as aerospace and defense, banks, IT services, software, and others.
50GF Score

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

$25.50
Price
$72.68
GF Value