SPRQF (SPARQ Systems) Inventory Turnover: 0.21 (As of Mar. 2026)

What is SPARQ Systems Inventory Turnover?

SPARQ Systems SPRQF -13.25% 35 Inventory Turnover is 0.21 as of Mar. 2026. GuruFocus rates SPRQF with a GF Score™ of 35/100 and a GF Value™ of $0.69 (Fairly Valued). 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. SPARQ Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.17 Mil. SPARQ Systems's Average Total Inventories for the quarter that ended in Mar. 2026 was $0.82 Mil. SPARQ Systems's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SPARQ Systems's Days Inventory for the three months ended in Mar. 2026 was 441.94.

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. SPARQ Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 4.45.

SPARQ Systems (OTCPK:SPRQF) 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.

SPARQ Systems'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
	=	0.8185	/	0.169	*	365 / 4
	=	441.94

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.

SPARQ Systems'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 )
	=	0.8185	/	0.184
	=	4.45

* 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.

SPARQ Systems Inventory Turnover Related Terms

SPARQ Systems Inventory Turnover Historical Data

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The historical data trend for SPARQ Systems's Inventory Turnover can be seen below:

SPARQ Systems Inventory Turnover Chart

SPARQ Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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0.13

0.33

0.53

0.60

1.36

SPARQ Systems Quarterly Data
	Dec20	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															0.00	0.07	0.50	0.86	0.21

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SPARQ Systems Inventory Turnover Calculation

SPARQ Systems'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 )
=	1.71	/ (	(1.613	+	0.895)	/	2 )
=	1.71	/	1.254
=	1.36

SPARQ Systems'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 )
=	0.169	/ (	(0.895	+	0.742)	/	2 )
=	0.169	/	0.8185
=	0.21

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.21 mean?

SPARQ Systems (SPRQF) has a Inventory Turnover of 0.21 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SPARQ Systems and its competitors.

Is SPARQ Systems' Inventory Turnover too high?

SPARQ Systems' current Inventory Turnover is 0.21. Overall, SPARQ Systems has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does SPARQ Systems' Inventory Turnover compare to VRT and BE?

SPARQ Systems' Inventory Turnover of 0.21 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 SPARQ Systems and its competitors. SPARQ Systems's current Inventory Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SPARQ Systems stock overvalued right now?

Based on GuruFocus' analysis, SPARQ Systems (SPRQF) is currently considered Fairly Valued. The stock's GF Value™ is $0.69, compared to a current price of $0.74 — trading 7.9% above its estimated fair value. The current Inventory Turnover is 0.21. SPARQ Systems' overall GF Score™ is 35/100 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 SPARQ Systems (SPRQF), the current Inventory Turnover is 0.21 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 SPARQ Systems (SPRQF) Overvalued in 2026?

Based on GuruFocus' analysis, SPARQ Systems stock appears to be overvalued. The current stock price of $0.74 is trading 7.9% above its estimated GF Value™ of $0.69. GuruFocus considers SPARQ Systems to be Fairly Valued.

Key valuation signals for SPRQF:

Inventory Turnover: 0.21
GF Value™: $0.69 vs. price of $0.74 (7.9% above fair value)
GF Score™: 35/100 with 4 warning signs

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

SPARQ Systems Business Description

Industry Industrials Industrial Products

Comparable Companies TSX:HMM.A XCNQ:QESS TSXV:UVC TSXV:LPS TSXV:NHHH XCNQ:HPSS TSXV:BES TSXV:EGT TSXV:ENEV XCNQ:ABND SZSE:300750 XSWX:ABBN VRT BKK:DELTA TSE:6503 BE XKRX:373220 MIL:PRY SZSE:300274 XPAR:LR

Other Exchanges SPRQ:Canada

Address Innovation Park, 945 Princess Street, Box 212, Kingston, ON, CAN, K7L 0E9

Website https://www.sparqsys.com

SPARQ Systems Inc designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. The company has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. Its products include Quad2, Quad3, Q1200 Microinverter, SparqLinq, SparqVu, and SparqSync. The company derives revenue from the sale of hardware, including microinverters and their associated peripherals.

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$0.74

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$0.69

GF Value

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