IDEX Biometrics ASA (OSL:IDEX) Inventory Turnover: 0.21 (As of Mar. 2026)


OSL:IDEX IDEX Biometrics ASA OSL:IDEX
20 GF Score
Price kr8.26
GF Value kr0.53
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IDEX Biometrics ASA Inventory Turnover?

IDEX Biometrics ASA OSL:IDEX +0.98% 20 Inventory Turnover is 0.21 as of Mar. 2026. GuruFocus rates OSL:IDEX with a GF Score™ of 20/100 and a GF Value™ of kr0.53 (Significantly Overvalued). 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. IDEX Biometrics ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr12.60 Mil. IDEX Biometrics ASA's Average Total Inventories for the quarter that ended in Mar. 2026 was kr59.34 Mil. IDEX Biometrics ASA's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IDEX Biometrics ASA's Days Inventory for the three months ended in Mar. 2026 was 429.76.

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. IDEX Biometrics ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 33.66.

IDEX Biometrics ASA  (OSL:IDEX) 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.

IDEX Biometrics ASA'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
=59.3375/12.599*365 / 4
=429.76

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.

IDEX Biometrics ASA'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 )
=59.3375 / 1.763
=33.66

* 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.

IDEX Biometrics ASA Inventory Turnover Related Terms

IDEX Biometrics ASA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for IDEX Biometrics ASA'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.

IDEX Biometrics ASA Inventory Turnover Chart

IDEX Biometrics ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.84 7.43 3.41 0.30 0.10

IDEX Biometrics ASA 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 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 0.17 0.13 0.12 0.08 0.21
OSL:IDEX
20GF Score
IDEX Biometrics ASA OSL:IDEX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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IDEX Biometrics ASA Inventory Turnover Calculation

IDEX Biometrics ASA'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 )
=6.154 / ((62.901 + 57.139) / 2 )
=6.154 / 60.02
=0.10

IDEX Biometrics ASA'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 )
=12.599 / ((57.139 + 61.536) / 2 )
=12.599 / 59.3375
=0.21

* 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 0.21 mean?
IDEX Biometrics ASA (OSL:IDEX) has a Inventory Turnover of 0.21 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on IDEX Biometrics ASA and its competitors.
Is IDEX Biometrics ASA's Inventory Turnover too high?
IDEX Biometrics ASA's current Inventory Turnover is 0.21. Overall, IDEX Biometrics ASA has a GF Score™ of 20/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IDEX Biometrics ASA's Inventory Turnover compare to UBER and SHOP?
IDEX Biometrics ASA's Inventory Turnover of 0.21 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 IDEX Biometrics ASA and its competitors. IDEX Biometrics ASA's current Inventory Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEX Biometrics ASA stock overvalued right now?
Based on GuruFocus' analysis, IDEX Biometrics ASA (OSL:IDEX) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.53, compared to a current price of kr8.26 — trading 1458.5% above its estimated fair value. The current Inventory Turnover is 0.21. IDEX Biometrics ASA's overall GF Score™ is 20/100 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 IDEX Biometrics ASA (OSL:IDEX), the current Inventory Turnover is 0.21 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 IDEX Biometrics ASA (OSL:IDEX) Overvalued in 2026?

Based on GuruFocus' analysis, IDEX Biometrics ASA stock appears to be overvalued. The current stock price of kr8.26 is trading 1458.5% above its estimated GF Value™ of kr0.53. GuruFocus considers IDEX Biometrics ASA to be Significantly Overvalued.

Key valuation signals for OSL:IDEX:

  • Inventory Turnover: 0.21
  • GF Value™: kr0.53 vs. price of kr8.26 (1458.5% above fair value)
  • GF Score™: 20/100 with 5 warning signs

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

IDEX Biometrics ASA Business Description

Other Exchanges IDXAF:USA0MTP:UKI8X:Germany
Address Henrik Ibsens gate 90, Oslo, NOR, 0255
IDEX Biometrics ASA develops and manufactures fingerprint biometric cards for access control, digital identity, and payment. Its products use fingerprint biometrics for user authentication and are designed for physical and digital access applications. The company serves banks, enterprises, and public sector organizations through direct sales and channel partners.
20GF Score

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

kr8.26
Price
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GF Value