NTIC (Northern Technologies International) Inventory Turnover: 0.99 (As of May. 2026)


NTIC Northern Technologies International Corp NTIC
56 GF Score
Price $8.16
GF Value $13.14
Valuation Possible Value Trap
! 4 Warning Signs
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What is Northern Technologies International Inventory Turnover?

Northern Technologies International NTIC -1.33% 56 Inventory Turnover is 0.99 as of May. 2026. GuruFocus rates NTIC with a GF Score™ of 56/100 and a GF Value™ of $13.14 (Possible Value Trap). 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. Northern Technologies International's Cost of Goods Sold for the three months ended in May. 2026 was $16.07 Mil. Northern Technologies International's Average Total Inventories for the quarter that ended in May. 2026 was $16.17 Mil. Northern Technologies International's Inventory Turnover for the quarter that ended in May. 2026 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Technologies International's Days Inventory for the three months ended in May. 2026 was 91.82.

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. Northern Technologies International's Inventory-to-Revenue for the quarter that ended in May. 2026 was 0.67.


Northern Technologies International  (NAS:NTIC) 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.

Northern Technologies International's Days Inventory for the three months ended in May. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2026 )/Cost of Goods Sold (Q: May. 2026 )*Days in Period
=16.173/16.073*365 / 4
=91.82

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.

Northern Technologies International's Inventory to Revenue for the quarter that ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2026 ) / Revenue (Q: May. 2026 )
=16.173 / 24.216
=0.67

* 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.


Northern Technologies International Inventory Turnover Related Terms


Northern Technologies International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Northern Technologies International'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.

Northern Technologies International Inventory Turnover Chart

Northern Technologies International Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 3.72 3.54 3.73 3.51

Northern Technologies International Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.89 0.91 0.94 0.87 0.99
NTIC
56GF Score
Northern Technologies International Corp NTIC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Technologies International Inventory Turnover Calculation

Northern Technologies International's Inventory Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Inventory Turnover (A: Aug. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2025 ) / ((Total Inventories (A: Aug. 2024 ) + Total Inventories (A: Aug. 2025 )) / count )
=52.557 / ((14.391 + 15.525) / 2 )
=52.557 / 14.958
=3.51

Northern Technologies International's Inventory Turnover for the quarter that ended in May. 2026 is calculated as

Inventory Turnover (Q: May. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2026 ) / ((Total Inventories (Q: Feb. 2026 ) + Total Inventories (Q: May. 2026 )) / count )
=16.073 / ((16.507 + 15.839) / 2 )
=16.073 / 16.173
=0.99

* 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 0.99 mean?
Northern Technologies International (NTIC) has a Inventory Turnover of 0.99 as of May. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Northern Technologies International and its competitors.
Is Northern Technologies International's Inventory Turnover too high?
Northern Technologies International's current Inventory Turnover is 0.99. Overall, Northern Technologies International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's Inventory Turnover compare to FSI and FEAM?
Northern Technologies International's Inventory Turnover of 0.99 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 Northern Technologies International and its competitors. Northern Technologies International's current Inventory Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.14, compared to a current price of $8.16 — trading 37.9% below its estimated fair value. The current Inventory Turnover is 0.99. Northern Technologies International's overall GF Score™ is 56/100 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 Northern Technologies International (NTIC), the current Inventory Turnover is 0.99 as of May. 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 Northern Technologies International (NTIC) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued. The current stock price of $8.16 is trading 37.9% below its estimated GF Value™ of $13.14. GuruFocus considers Northern Technologies International to be Possible Value Trap.

Key valuation signals for NTIC:

  • Inventory Turnover: 0.99
  • GF Value™: $13.14 vs. price of $8.16 (37.9% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Northern Technologies International Business Description

Address 4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
56GF Score

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

$8.16
Price
$13.14
GF Value