NXGL (NexGel) Inventory Turnover: 0.73 (As of Mar. 2026)

What is NexGel Inventory Turnover?

NexGel NXGL -2.76% 60 Inventory Turnover is 0.73 as of Mar. 2026. GuruFocus rates NXGL with a GF Score™ of 60/100 and a GF Value™ of $4.38 (Possible Value Trap). 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. NexGel's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.59 Mil. NexGel's Average Total Inventories for the quarter that ended in Mar. 2026 was $2.19 Mil. NexGel's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NexGel's Days Inventory for the three months ended in Mar. 2026 was 125.59.

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. NexGel's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.83.

NexGel (NAS:NXGL) 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.

NexGel'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
	=	2.187	/	1.589	*	365 / 4
	=	125.59

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.

NexGel'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 )
	=	2.187	/	2.65
	=	0.83

* 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.

NexGel Inventory Turnover Related Terms

NexGel Inventory Turnover Historical Data

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

NexGel Inventory Turnover Chart

NexGel Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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5.89

4.52

4.08

3.87

3.58

NexGel 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															0.90	0.89	0.88	0.96	0.73

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NexGel Inventory Turnover Calculation

NexGel'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 )
=	6.912	/ (	(1.751	+	2.111)	/	2 )
=	6.912	/	1.931
=	3.58

NexGel'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 )
=	1.589	/ (	(2.111	+	2.263)	/	2 )
=	1.589	/	2.187
=	0.73

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.73 mean?

NexGel (NXGL) has a Inventory Turnover of 0.73 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NexGel and its competitors.

Is NexGel's Inventory Turnover too high?

NexGel's current Inventory Turnover is 0.73. Overall, NexGel has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does NexGel's Inventory Turnover compare to LUCY and CBSC?

NexGel's Inventory Turnover of 0.73 can be compared against companies in the Medical Devices & Instruments 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 Devices & Instruments company?

A good Inventory Turnover depends on the Medical Devices & Instruments 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 NexGel and its competitors. NexGel's current Inventory Turnover is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NexGel stock overvalued right now?

Based on GuruFocus' analysis, NexGel (NXGL) is currently considered Possible Value Trap. The stock's GF Value™ is $4.38, compared to a current price of $0.50 — trading 88.6% below its estimated fair value. The current Inventory Turnover is 0.73. NexGel's overall GF Score™ is 60/100 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 NexGel (NXGL), the current Inventory Turnover is 0.73 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 NexGel (NXGL) Overvalued in 2026?

Based on GuruFocus' analysis, NexGel stock appears to be undervalued. The current stock price of $0.50 is trading 88.6% below its estimated GF Value™ of $4.38. GuruFocus considers NexGel to be Possible Value Trap.

Key valuation signals for NXGL:

Inventory Turnover: 0.73
GF Value™: $4.38 vs. price of $0.50 (88.6% below fair value)
GF Score™: 60/100 with 5 warning signs

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

NexGel Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies LUCY CBSC RSCF MHUAF GCTK YBGJ ECIA FEMY UEEC BNGO ISRG XPAR:EL TSE:7741 BDX XSWX:ALC MDLN RMD WST XSWX:STMN TSE:4543

Address 2150 Cabot Boulevard West, Suite B, Langhorne, PA, USA, 19047

Website https://www.nexgel.com

NexGel Inc manufactures high water content, electron beam cross-linked, aqueous polymer hydrogels, or gels, used for wound care, medical diagnostics, transdermal drug delivery, and cosmetics. The company specializes in custom gels by capitalizing on proprietary manufacturing technologies. The gels and consumer products are manufactured using proprietary and non-proprietary mixing, coating and cross-linking technologies.

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