Merko Ehitus AS (OTSE:MRK1T) Inventory Turnover: 0.34 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OTSE:MRK1T Merko Ehitus AS OTSE:MRK1T
70 GF Score
Price €26.85
GF Value €13.51
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Merko Ehitus AS Inventory Turnover?

Merko Ehitus AS OTSE:MRK1T -0.19% 70 Inventory Turnover is 0.34 as of Jun. 2026. GuruFocus rates OTSE:MRK1T with a GF Score™ of 70/100 and a GF Value™ of €13.51 (Significantly Overvalued). The stock has 9 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. Merko Ehitus AS's Cost of Goods Sold for the three months ended in Jun. 2026 was €80.8 Mil. Merko Ehitus AS's Average Total Inventories for the quarter that ended in Jun. 2026 was €239.2 Mil. Merko Ehitus AS's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Merko Ehitus AS's Days Inventory for the three months ended in Jun. 2026 was 270.27.

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. Merko Ehitus AS's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 2.58.


Merko Ehitus AS  (OTSE:MRK1T) 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.

Merko Ehitus AS's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=239.206/80.761*365 / 4
=270.27

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.

Merko Ehitus AS's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=239.206 / 92.67
=2.58

* 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.


Merko Ehitus AS Inventory Turnover Related Terms


Merko Ehitus AS Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Merko Ehitus AS'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.

Merko Ehitus AS Inventory Turnover Chart

Merko Ehitus AS 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 2.08 1.87 1.91 2.27 1.23

Merko Ehitus AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.28 0.29 0.23 0.34
OTSE:MRK1T
70GF Score
Merko Ehitus AS OTSE:MRK1T
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merko Ehitus AS Inventory Turnover Calculation

Merko Ehitus AS'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 )
=255.081 / ((196.205 + 219.622) / 2 )
=255.081 / 207.9135
=1.23

Merko Ehitus AS's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=80.761 / ((232.883 + 245.529) / 2 )
=80.761 / 239.206
=0.34

* 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 0.34 mean?
Merko Ehitus AS (OTSE:MRK1T) has a Inventory Turnover of 0.34 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Merko Ehitus AS and its competitors.
Is Merko Ehitus AS's Inventory Turnover too high?
Merko Ehitus AS's current Inventory Turnover is 0.34. Overall, Merko Ehitus AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merko Ehitus AS's Inventory Turnover compare to PWR and FIX?
Merko Ehitus AS's Inventory Turnover of 0.34 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Merko Ehitus AS and its competitors. Merko Ehitus AS's current Inventory Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merko Ehitus AS stock overvalued right now?
Based on GuruFocus' analysis, Merko Ehitus AS (OTSE:MRK1T) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.51, compared to a current price of €26.85 — trading 98.7% above its estimated fair value. The current Inventory Turnover is 0.34. Merko Ehitus AS's overall GF Score™ is 70/100 with 9 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 Merko Ehitus AS (OTSE:MRK1T), the current Inventory Turnover is 0.34 as of Jun. 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 Merko Ehitus AS (OTSE:MRK1T) Overvalued in 2026?

Based on GuruFocus' analysis, Merko Ehitus AS stock appears to be overvalued. The current stock price of €26.85 is trading 98.7% above its estimated GF Value™ of €13.51. GuruFocus considers Merko Ehitus AS to be Significantly Overvalued.

Key valuation signals for OTSE:MRK1T:

  • Inventory Turnover: 0.34
  • GF Value™: €13.51 vs. price of €26.85 (98.7% above fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the OTSE:MRK1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merko Ehitus AS Business Description

Other Exchanges MKS:Germany
Address Jarvevana tee 9G, Tallinn, EST, 11314
Merko Ehitus AS is a construction company. The company is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments: construction service and real estate development. Construction service contributes to the majority of the revenue. The Construction service segment includes all projects of the home markets in general construction, civil engineering, electrical construction and concrete works services. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway. Geographically, the company generates the majority of its revenue from Estonia.
70GF Score

Get the complete analysis for OTSE:MRK1T

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

€26.85
Price
€13.51
GF Value