Norditek Group AB (OSTO:NOTEK) Inventory Turnover: 0.24 (As of Feb. 2026)


OSTO:NOTEK Norditek Group AB OSTO:NOTEK
59 GF Score
Price kr10.80
GF Value kr15.18
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Norditek Group AB Inventory Turnover?

Norditek Group AB OSTO:NOTEK 59 Inventory Turnover is 0.24 as of Feb. 2026. GuruFocus rates OSTO:NOTEK with a GF Score™ of 59/100 and a GF Value™ of kr15.18 (Modestly Undervalued). 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. Norditek Group AB's Cost of Goods Sold for the three months ended in Feb. 2026 was kr20.7 Mil. Norditek Group AB's Average Total Inventories for the quarter that ended in Feb. 2026 was kr87.7 Mil. Norditek Group AB's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norditek Group AB's Days Inventory for the three months ended in Feb. 2026 was 386.00.

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. Norditek Group AB's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 2.78.


Norditek Group AB  (OSTO:NOTEK) 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.

Norditek Group AB's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=87.694/20.731*365 / 4
=386.00

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.

Norditek Group AB's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=87.694 / 31.6
=2.78

* 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.


Norditek Group AB Inventory Turnover Related Terms


Norditek Group AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Norditek 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.

Norditek Group AB Inventory Turnover Chart

Norditek Group AB Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Inventory Turnover
0.00 0.71 0.61 0.45 0.70

Norditek Group AB Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.26 0.17 0.20 0.22 0.24
OSTO:NOTEK
59GF Score
Norditek Group AB OSTO:NOTEK
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Norditek Group AB Inventory Turnover Calculation

Norditek Group AB'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 )
=63.356 / ((90.271 + 90.357) / 2 )
=63.356 / 90.314
=0.70

Norditek Group AB's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=20.731 / ((86.46 + 88.928) / 2 )
=20.731 / 87.694
=0.24

* 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 0.24 mean?
Norditek Group AB (OSTO:NOTEK) has a Inventory Turnover of 0.24 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Norditek Group AB and its competitors.
Is Norditek Group AB's Inventory Turnover too high?
Norditek Group AB's current Inventory Turnover is 0.24. Overall, Norditek Group AB has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's Inventory Turnover compare to WM and RSG?
Norditek Group AB's Inventory Turnover of 0.24 can be compared against companies in the Waste Management 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 Waste Management company?
A good Inventory Turnover depends on the Waste Management 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 Norditek Group AB and its competitors. Norditek Group AB's current Inventory Turnover is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.18, compared to a current price of kr10.80 — trading 28.9% below its estimated fair value. The current Inventory Turnover is 0.24. Norditek Group AB's overall GF Score™ is 59/100 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 Norditek Group AB (OSTO:NOTEK), the current Inventory Turnover is 0.24 as of Feb. 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued. The current stock price of kr10.80 is trading 28.9% below its estimated GF Value™ of kr15.18. GuruFocus considers Norditek Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:NOTEK:

  • Inventory Turnover: 0.24
  • GF Value™: kr15.18 vs. price of kr10.80 (28.9% below fair value)
  • GF Score™: 59/100 with 5 warning signs

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


Norditek Group AB Business Description

Address Stora Avagen 21, Askim, Gothenburg, SWE, 436 34
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
59GF Score

Get the complete analysis for OSTO:NOTEK

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

kr10.80
Price
kr15.18
GF Value