NOTVQ (Inotiv) Inventory Turnover: 2.48 (As of Mar. 2026)

What is Inotiv Inventory Turnover?

Inotiv NOTVQ -9.91% Inventory Turnover is 2.48 as of Mar. 2026. 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. Inotiv's Cost of Goods Sold for the three months ended in Mar. 2026 was $93.0 Mil. Inotiv's Average Total Inventories for the quarter that ended in Mar. 2026 was $37.4 Mil. Inotiv's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inotiv's Days Inventory for the three months ended in Mar. 2026 was 36.73.

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. Inotiv's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.32.

Inotiv (OTCPK:NOTVQ) 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.

Inotiv'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
	=	37.4335	/	93.003	*	365 / 4
	=	36.73

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.

Inotiv'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 )
	=	37.4335	/	117.652
	=	0.32

* 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.

Inotiv Inventory Turnover Related Terms

Inotiv Inventory Turnover Historical Data

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

Inotiv Inventory Turnover Chart

Inotiv Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Inventory Turnover

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91.32

10.84

6.12

10.22

12.27

Inotiv 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															2.74	2.33	2.31	2.13	2.48

Inotiv Inventory Turnover Calculation

Inotiv's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

	Inventory Turnover (A: Sep. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2025 )	/ (	(Total Inventories (A: Sep. 2024 )	+	Total Inventories (A: Sep. 2025 ))	/	count )
=	392.044	/ (	(18.173	+	45.738)	/	2 )
=	392.044	/	31.9555
=	12.27

Inotiv'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 )
=	93.003	/ (	(44.32	+	30.547)	/	2 )
=	93.003	/	37.4335
=	2.48

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.48 mean?

Inotiv (NOTVQ) has a Inventory Turnover of 2.48 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Inotiv and its competitors.

Is Inotiv's Inventory Turnover too high?

Inotiv's current Inventory Turnover is 2.48.

How does Inotiv's Inventory Turnover compare to NDRA and XWEL?

Inotiv's Inventory Turnover of 2.48 can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?

A good Inventory Turnover depends on the Medical Diagnostics & Research 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 Inotiv and its competitors. Inotiv's current Inventory Turnover is 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Inotiv stock overvalued right now?

Based on GuruFocus' analysis, Inotiv (NOTVQ) is currently considered Possible Value Trap. The stock's GF Value™ is $1.68, compared to a current price of $0.01 — trading 99.4% below its estimated fair value. The current Inventory Turnover is 2.48. 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 Inotiv (NOTVQ), the current Inventory Turnover is 2.48 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.

Inotiv Business Description

Industry Healthcare Medical Diagnostics & Research

Comparable Companies NDRA XWEL ADVB MBAI BIAF ISPC FUNI IVRO IDTA NSTM TMO DHR SHSE:603259 XSWX:LONN IDXX A WAT NTRA IQV ILMN

Other Exchanges BS50:Germany

Address 2701 Kent Avenue, West Lafayette, IN, USA, 47906

Website https://www.inotivco.com

Inotiv Inc is a pharmaceutical development company specializing in nonclinical and analytical drug discovery, development services to the pharmaceutical, chemical, and medical device industries. It operates in two segments; Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). Through the DSA segment, the company supports the discovery, nonclinical development, and clinical development needs of researchers and clinicians for small molecule drug candidates, biotherapeutics, and biomedical devices. Through the RMS segment, the company offers access to a wide range of small and large research models for basic research, drug discovery, development, and specialized models for specific diseases and therapeutic areas. The company earns maximum revenue from RMS Segment.