SPLP (Steel Partners Holdings LP) Inventory Turnover: 1.48 (As of Sep. 2025)

What is Steel Partners Holdings LP Inventory Turnover?

Steel Partners Holdings LP SPLP -0.20% 66 Inventory Turnover is 1.48 as of Sep. 2025. GuruFocus rates SPLP with a GF Score™ of 66/100 and a GF Value™ of $51.26. The stock has 4 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. Steel Partners Holdings LP's Cost of Goods Sold for the three months ended in Sep. 2025 was $302 Mil. Steel Partners Holdings LP's Average Total Inventories for the quarter that ended in Sep. 2025 was $204 Mil. Steel Partners Holdings LP's Inventory Turnover for the quarter that ended in Sep. 2025 was 1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Steel Partners Holdings LP's Days Inventory for the three months ended in Sep. 2025 was 61.68.

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. Steel Partners Holdings LP's Inventory-to-Revenue for the quarter that ended in Sep. 2025 was 0.38.

Steel Partners Holdings LP (OTCPK:SPLP) 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.

Steel Partners Holdings LP's Days Inventory for the three months ended in Sep. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2025 )	/	Cost of Goods Sold (Q: Sep. 2025 )	*	Days in Period
	=	204.1045	/	301.939	*	365 / 4
	=	61.68

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.

Steel Partners Holdings LP's Inventory to Revenue for the quarter that ended in Sep. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2025 )	/	Revenue (Q: Sep. 2025 )
	=	204.1045	/	543.547
	=	0.38

* 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.

Steel Partners Holdings LP Inventory Turnover Related Terms

Steel Partners Holdings LP Inventory Turnover Historical Data

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The historical data trend for Steel Partners Holdings LP's Inventory Turnover can be seen below:

Steel Partners Holdings LP Inventory Turnover Chart

Steel Partners Holdings LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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6.02

6.25

5.51

5.30

5.79

Steel Partners Holdings LP Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
Inventory Turnover	Get a 7-Day Free Trial															1.42	1.38	1.40	1.51	1.48

66GF Score

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Steel Partners Holdings LP Inventory Turnover Calculation

Steel Partners Holdings LP's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	1152.355	/ (	(202.294	+	195.617)	/	2 )
=	1152.355	/	198.9555
=	5.79

Steel Partners Holdings LP's Inventory Turnover for the quarter that ended in Sep. 2025 is calculated as

	Inventory Turnover (Q: Sep. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2025 )	/ (	(Total Inventories (Q: Jun. 2025 )	+	Total Inventories (Q: Sep. 2025 ))	/	count )
=	301.939	/ (	(203.088	+	205.121)	/	2 )
=	301.939	/	204.1045
=	1.48

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.48 mean?

Steel Partners Holdings LP (SPLP) has a Inventory Turnover of 1.48 as of Sep. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Steel Partners Holdings LP and its competitors.

Is Steel Partners Holdings LP's Inventory Turnover too high?

Steel Partners Holdings LP's current Inventory Turnover is 1.48. Overall, Steel Partners Holdings LP has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.

How does Steel Partners Holdings LP's Inventory Turnover compare to MATW and DLX?

Steel Partners Holdings LP's Inventory Turnover of 1.48 can be compared against companies in the Conglomerates 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 Conglomerates company?

A good Inventory Turnover depends on the Conglomerates 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 Steel Partners Holdings LP and its competitors. Steel Partners Holdings LP's current Inventory Turnover is 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Steel Partners Holdings LP stock overvalued right now?

Steel Partners Holdings LP (SPLP) has a current Inventory Turnover of 1.48. The stock's GF Value™ is $51.26, compared to a current price of $50.00 — trading 2.5% below its estimated fair value. The current Inventory Turnover is 1.48. Steel Partners Holdings LP's overall GF Score™ is 66/100 with 4 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 Steel Partners Holdings LP (SPLP), the current Inventory Turnover is 1.48 as of Sep. 2025. 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 Steel Partners Holdings LP (SPLP) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Partners Holdings LP stock appears to be undervalued. The current stock price of $50.00 is trading 2.5% below its estimated GF Value™ of $51.26.

Key valuation signals for SPLP:

Inventory Turnover: 1.48
GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
GF Score™: 66/100 with 4 warning signs

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

Steel Partners Holdings LP Business Description

Industry Industrials Conglomerates

Comparable Companies MATW DLX FIP CODI TRC TTI BOC FBYD BOOM RCMT ADX:IHC TSE:6501 HON TSE:8058 TSE:8031 TSE:8001 MMM TSE:8002 TSE:8053 HKSE:00267

Other Exchanges SPLPP.PFD:USA

Address 590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022

Website https://www.steelpartners.com

Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. Its segments include the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, joining materials, tubing, building materials, performance materials etc; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities; The Supply Chain segment consists of end-to-end world-wide supply; and Corporate and Other consists of equity method and other investments, and cash and cash equivalents.

66GF Score

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$50.00

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