Nordic Flanges Group AB (OSTO:NFGAB) Inventory Turnover: 0.70 (As of Mar. 2026)

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OSTO:NFGAB Nordic Flanges Group AB OSTO:NFGAB
32 GF Score
Price kr23.60
GF Value kr5.22
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nordic Flanges Group AB Inventory Turnover?

Nordic Flanges Group AB OSTO:NFGAB 32 Inventory Turnover is 0.70 as of Mar. 2026. GuruFocus rates OSTO:NFGAB with a GF Score™ of 32/100 and a GF Value™ of kr5.22 (Significantly Overvalued). The stock has 3 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. Nordic Flanges Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr29.4 Mil. Nordic Flanges Group AB's Average Total Inventories for the quarter that ended in Mar. 2026 was kr41.9 Mil. Nordic Flanges Group AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nordic Flanges Group AB's Days Inventory for the three months ended in Mar. 2026 was 130.09.

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. Nordic Flanges Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.68.

Nordic Flanges Group AB  (OSTO:NFGAB) 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.

Nordic Flanges Group AB'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
=41.8525/29.357*365 / 4
=130.09

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.

Nordic Flanges Group AB'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 )
=41.8525 / 61.755
=0.68

* 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.

Nordic Flanges Group AB Inventory Turnover Related Terms

Nordic Flanges Group AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nordic Flanges Group AB'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.

Nordic Flanges Group AB Inventory Turnover Chart

Nordic Flanges Group AB 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 1.96 2.28 2.86 2.36 2.34

Nordic Flanges Group AB Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 0.66 0.68 -0.91 0.61 0.70
OSTO:NFGAB
32GF Score
Nordic Flanges Group AB OSTO:NFGAB
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Flanges Group AB Inventory Turnover Calculation

Nordic Flanges Group AB'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 )
=104.556 / ((48.085 + 41.175) / 2 )
=104.556 / 44.63
=2.34

Nordic Flanges Group AB'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 )
=29.357 / ((41.175 + 42.53) / 2 )
=29.357 / 41.8525
=0.70

* 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 0.70 mean?
Nordic Flanges Group AB (OSTO:NFGAB) has a Inventory Turnover of 0.70 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nordic Flanges Group AB and its competitors.
Is Nordic Flanges Group AB's Inventory Turnover too high?
Nordic Flanges Group AB's current Inventory Turnover is 0.70. Overall, Nordic Flanges Group AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Flanges Group AB's Inventory Turnover compare to CRS and ATI?
Nordic Flanges Group AB's Inventory Turnover of 0.70 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Nordic Flanges Group AB and its competitors. Nordic Flanges Group AB's current Inventory Turnover is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Flanges Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic Flanges Group AB (OSTO:NFGAB) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.22, compared to a current price of kr23.60 — trading 352.1% above its estimated fair value. The current Inventory Turnover is 0.70. Nordic Flanges Group AB's overall GF Score™ is 32/100 with 3 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 Nordic Flanges Group AB (OSTO:NFGAB), the current Inventory Turnover is 0.70 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 Nordic Flanges Group AB (OSTO:NFGAB) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Flanges Group AB stock appears to be overvalued. The current stock price of kr23.60 is trading 352.1% above its estimated GF Value™ of kr5.22. GuruFocus considers Nordic Flanges Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:NFGAB:

  • Inventory Turnover: 0.70
  • GF Value™: kr5.22 vs. price of kr23.60 (352.1% above fair value)
  • GF Score™: 32/100 with 3 warning signs

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

Nordic Flanges Group AB Business Description

Address c/o iOffice, Drottninggatan 32, 8th Floor, Stockholm, SWE, SE-111 51
Nordic Flanges Group AB is a supplier of industrial flanges in the Nordic region. Its business concept is to deliver flange solutions in stainless steel, aluminum and steel with the customer service on the market. Its products include Stainless steel, carbon steel, aluminum, and laboratory equipment.
32GF Score

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

kr23.60
Price
kr5.22
GF Value