NTZ (Natuzzi SpA) Inventory Turnover: 1.09 (As of Dec. 2025)

What is Natuzzi SpA Inventory Turnover?

Natuzzi SpA NTZ +8.64% 34 Inventory Turnover is 1.09 as of Dec. 2025. GuruFocus rates NTZ with a GF Score™ of 34/100 and a GF Value™ of $4.34 (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. Natuzzi SpA's Cost of Goods Sold for the three months ended in Dec. 2025 was $63.4 Mil. Natuzzi SpA's Average Total Inventories for the quarter that ended in Dec. 2025 was $58.0 Mil. Natuzzi SpA's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Natuzzi SpA's Days Inventory for the three months ended in Dec. 2025 was 83.54.

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. Natuzzi SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.64.

Natuzzi SpA (NYSE:NTZ) 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.

Natuzzi SpA's Days Inventory for the three months ended in Dec. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2025 )	/	Cost of Goods Sold (Q: Dec. 2025 )	*	Days in Period
	=	58.002	/	63.357	*	365 / 4
	=	83.54

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.

Natuzzi SpA's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	58.002	/	90.769
	=	0.64

* 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.

Natuzzi SpA Inventory Turnover Related Terms

Natuzzi SpA Inventory Turnover Historical Data

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

Natuzzi SpA Inventory Turnover Chart

Natuzzi SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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3.67

3.91

3.31

3.19

3.88

Natuzzi SpA Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
Inventory Turnover	Get a 7-Day Free Trial															0.74	0.85	0.00	0.00	1.09

34GF Score

Natuzzi SpA NTZ

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

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Natuzzi SpA Inventory Turnover Calculation

Natuzzi SpA'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 )
=	239.821	/ (	(65.775	+	58.002)	/	2 )
=	239.821	/	61.8885
=	3.88

Natuzzi SpA's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

	Inventory Turnover (Q: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2025 )	/ (	(Total Inventories (Q: Sep. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	63.357	/ (	(0	+	58.002)	/	1 )
=	63.357	/	58.002
=	1.09

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.09 mean?

Natuzzi SpA (NTZ) has a Inventory Turnover of 1.09 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Natuzzi SpA and its competitors.

Is Natuzzi SpA's Inventory Turnover too high?

Natuzzi SpA's current Inventory Turnover is 1.09. Overall, Natuzzi SpA has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Natuzzi SpA's Inventory Turnover compare to MWYN and EFOI?

Natuzzi SpA's Inventory Turnover of 1.09 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 Natuzzi SpA and its competitors. Natuzzi SpA's current Inventory Turnover is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Natuzzi SpA stock overvalued right now?

Based on GuruFocus' analysis, Natuzzi SpA (NTZ) is currently considered Possible Value Trap. The stock's GF Value™ is $4.34, compared to a current price of $1.76 — trading 59.4% below its estimated fair value. The current Inventory Turnover is 1.09. Natuzzi SpA's overall GF Score™ is 34/100 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 Natuzzi SpA (NTZ), the current Inventory Turnover is 1.09 as of Dec. 2025. 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 Natuzzi SpA (NTZ) Overvalued in 2026?

Based on GuruFocus' analysis, Natuzzi SpA stock appears to be undervalued. The current stock price of $1.76 is trading 59.4% below its estimated GF Value™ of $4.34. GuruFocus considers Natuzzi SpA to be Possible Value Trap.

Key valuation signals for NTZ:

Inventory Turnover: 1.09
GF Value™: $4.34 vs. price of $1.76 (59.4% below fair value)
GF Score™: 34/100 with 4 warning signs

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

Natuzzi SpA Business Description

Industry Consumer Cyclical Furnishings, Fixtures & Appliances

Comparable Companies MWYN EFOI ATER CRWS SNTW NCL FGI LUVU SNBRQ LBRA SZSE:000333 SZSE:000651 SHSE:600690 TPE:2059 SHSE:603268 SN SGI TSE:9843 MHK LSE:HWDN

Other Exchanges NTZA:Germany

Address Via Iazzitiello 47, Santeramo in Colle, Bari, ITA, 70029

Website https://www.natuzzi.com

Natuzzi SpA is an Italian firm that designs, manufactures, and sells contemporary and traditional leather and fabric-upholstered furniture. Its product portfolio includes sofas, loveseats, armchairs, sectional furniture, motion furniture, sofa beds, living room furnishings, and accessories. The company markets its products under several brands such as Natuzzi Italia, Private Label, and Natuzzi Editions. The Group operates in two operating segments, the Natuzzi brand and Private label. The Natuzzi brand segment includes net sales from the Natuzzi Italia, Natuzzi Editions, and Divani&Divani by Natuzzi product lines. Geographically, it derives a majority of its revenue from the United States of America and also has an international presence in Italy, Spain, the UK, China, and Other countries.

34GF Score

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

$1.76

Price

$4.34

GF Value

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