Tennant Co (STU:TN1) Inventory Turnover: 0.97 (As of Jun. 2026)

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STU:TN1 Tennant Co STU:TN1
63 GF Score
Price €62.95
GF Value €77.25
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tennant Co Inventory Turnover?

Tennant Co STU:TN1 -13.83% 63 Inventory Turnover is 0.97 as of Jun. 2026. GuruFocus rates STU:TN1 with a GF Score™ of 63/100 and a GF Value™ of €77.25 (Modestly Undervalued). 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. Tennant Co's Cost of Goods Sold for the three months ended in Jun. 2026 was €170 Mil. Tennant Co's Average Total Inventories for the quarter that ended in Jun. 2026 was €176 Mil. Tennant Co's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tennant Co's Days Inventory for the three months ended in Jun. 2026 was 94.41.

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. Tennant Co's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.63.


Tennant Co  (STU:TN1) 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.

Tennant Co'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
=176.114/170.215*365 / 4
=94.41

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.

Tennant Co'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 )
=176.114 / 281.232
=0.63

* 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.


Tennant Co Inventory Turnover Related Terms


Tennant Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tennant Co'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.

Tennant Co Inventory Turnover Chart

Tennant Co 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 4.68 3.76 3.68 4.18 3.56

Tennant Co 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 0.92 0.86 0.94 0.92 0.97
STU:TN1
63GF Score
Tennant Co STU:TN1
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tennant Co Inventory Turnover Calculation

Tennant Co'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 )
=614.197 / ((175.529 + 169.519) / 2 )
=614.197 / 172.524
=3.56

Tennant Co'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 )
=170.215 / ((176.979 + 175.249) / 2 )
=170.215 / 176.114
=0.97

* 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 0.97 mean?
Tennant Co (STU:TN1) has a Inventory Turnover of 0.97 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tennant Co and its competitors.
Is Tennant Co's Inventory Turnover too high?
Tennant Co's current Inventory Turnover is 0.97. Overall, Tennant Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's Inventory Turnover compare to AMSC and BW?
Tennant Co's Inventory Turnover of 0.97 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 Tennant Co and its competitors. Tennant Co's current Inventory Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (STU:TN1) is currently considered Modestly Undervalued. The stock's GF Value™ is €77.25, compared to a current price of €62.95 — trading 18.5% below its estimated fair value. The current Inventory Turnover is 0.97. Tennant Co's overall GF Score™ is 63/100 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 Tennant Co (STU:TN1), the current Inventory Turnover is 0.97 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 Tennant Co (STU:TN1) Overvalued in 2026?

Based on GuruFocus' analysis, Tennant Co stock appears to be undervalued. The current stock price of €62.95 is trading 18.5% below its estimated GF Value™ of €77.25. GuruFocus considers Tennant Co to be Modestly Undervalued.

Key valuation signals for STU:TN1:

  • Inventory Turnover: 0.97
  • GF Value™: €77.25 vs. price of €62.95 (18.5% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the STU:TN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tennant Co Business Description

Other Exchanges TNC:USA
Address 10400 Clean Street, Eden Prairie, MN, USA, 55344
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
63GF Score

Get the complete analysis for STU:TN1

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

€62.95
Price
€77.25
GF Value