SNMRF (Snam SpA) Inventory Turnover: 0.11 (As of Mar. 2026)


SNMRF Snam SpA SNMRF
75 GF Score
Price $7.42
GF Value $5.86
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Snam SpA Inventory Turnover?

Snam SpA SNMRF +7.84% 75 Inventory Turnover is 0.11 as of Mar. 2026. GuruFocus rates SNMRF with a GF Score™ of 75/100 and a GF Value™ of $5.86 (Significantly Overvalued). The stock has 10 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. Snam SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was $259 Mil. Snam SpA's Average Total Inventories for the quarter that ended in Mar. 2026 was $2,450 Mil. Snam SpA's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Snam SpA's Days Inventory for the three months ended in Mar. 2026 was 863.19.

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. Snam SpA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.12.

Snam SpA  (OTCPK:SNMRF) 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.

Snam SpA'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
=2449.649/258.959*365 / 4
=863.19

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.

Snam SpA'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 )
=2449.649 / 1154.913
=2.12

* 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.

Snam SpA Inventory Turnover Related Terms

Snam SpA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Snam SpA'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.

Snam SpA Inventory Turnover Chart

Snam SpA 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 3.79 0.30 0.27 -0.12 -0.03

Snam SpA 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 0.10 -0.04 0.24 -0.33 0.11
SNMRF
75GF Score
Snam SpA SNMRF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Snam SpA Inventory Turnover Calculation

Snam SpA'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 )
=-74.941 / ((2293.194 + 2449.649) / 2 )
=-74.941 / 2371.4215
=-0.03

Snam SpA'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 )
=258.959 / ((2449.649 + 0) / 1 )
=258.959 / 2449.649
=0.11

* 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 0.11 mean?
Snam SpA (SNMRF) has a Inventory Turnover of 0.11 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Snam SpA and its competitors.
Is Snam SpA's Inventory Turnover too high?
Snam SpA's current Inventory Turnover is 0.11. Overall, Snam SpA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Snam SpA's Inventory Turnover compare to ATO and NI?
Snam SpA's Inventory Turnover of 0.11 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated 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 Snam SpA and its competitors. Snam SpA's current Inventory Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snam SpA stock overvalued right now?
Based on GuruFocus' analysis, Snam SpA (SNMRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.86, compared to a current price of $7.42 — trading 26.7% above its estimated fair value. The current Inventory Turnover is 0.11. Snam SpA's overall GF Score™ is 75/100 with 10 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 Snam SpA (SNMRF), the current Inventory Turnover is 0.11 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 Snam SpA (SNMRF) Overvalued in 2026?

Based on GuruFocus' analysis, Snam SpA stock appears to be overvalued. The current stock price of $7.42 is trading 26.7% above its estimated GF Value™ of $5.86. GuruFocus considers Snam SpA to be Significantly Overvalued.

Key valuation signals for SNMRF:

  • Inventory Turnover: 0.11
  • GF Value™: $5.86 vs. price of $7.42 (26.7% above fair value)
  • GF Score™: 75/100 with 10 warning signs

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

Snam SpA Business Description

Address Via Vezza d\'Oglio 6, Symbiosis, Porta Romana district, Milan, ITA, 20139
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17% of European gas storage capacity and 18.1 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.
75GF Score

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

$7.42
Price
$5.86
GF Value