THLPF (Thule Group AB) Inventory Turnover: 0.73 (As of Mar. 2026)


THLPF Thule Group AB THLPF
78 GF Score
Price $26.82
GF Value $40.57
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Thule Group AB Inventory Turnover?

Thule Group AB THLPF 78 Inventory Turnover is 0.73 as of Mar. 2026. GuruFocus rates THLPF with a GF Score™ of 78/100 and a GF Value™ of $40.57 (Significantly Undervalued). The stock has 3 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. Thule Group AB's Cost of Goods Sold for the three months ended in Mar. 2026 was $152 Mil. Thule Group AB's Average Total Inventories for the quarter that ended in Mar. 2026 was $208 Mil. Thule Group AB's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thule Group AB's Days Inventory for the three months ended in Mar. 2026 was 124.68.

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. Thule Group AB's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.75.

Thule Group AB  (OTCPK:THLPF) 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.

Thule Group AB'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
=208.0985/152.299*365 / 4
=124.68

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.

Thule Group AB'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 )
=208.0985 / 276.156
=0.75

* 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.

Thule Group AB Inventory Turnover Related Terms

Thule Group AB Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Thule Group AB'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.

Thule Group AB Inventory Turnover Chart

Thule Group AB 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 3.39 2.09 2.00 2.37 3.05

Thule Group AB 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 0.72 0.97 0.78 0.57 0.73
THLPF
78GF Score
Thule Group AB THLPF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thule Group AB Inventory Turnover Calculation

Thule Group AB'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 )
=606.338 / ((196.177 + 201.862) / 2 )
=606.338 / 199.0195
=3.05

Thule Group AB'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 )
=152.299 / ((201.862 + 214.335) / 2 )
=152.299 / 208.0985
=0.73

* 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 0.73 mean?
Thule Group AB (THLPF) has a Inventory Turnover of 0.73 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's Inventory Turnover too high?
Thule Group AB's current Inventory Turnover is 0.73. Overall, Thule Group AB has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Inventory Turnover compare to AS and HAS?
Thule Group AB's Inventory Turnover of 0.73 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Inventory Turnover depends on the Travel & Leisure 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 Thule Group AB and its competitors. Thule Group AB's current Inventory Turnover is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Based on GuruFocus' analysis, Thule Group AB (THLPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $40.57, compared to a current price of $26.82 — trading 33.9% below its estimated fair value. The current Inventory Turnover is 0.73. Thule Group AB's overall GF Score™ is 78/100 with 3 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 Thule Group AB (THLPF), the current Inventory Turnover is 0.73 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 Thule Group AB (THLPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued. The current stock price of $26.82 is trading 33.9% below its estimated GF Value™ of $40.57. GuruFocus considers Thule Group AB to be Significantly Undervalued.

Key valuation signals for THLPF:

  • Inventory Turnover: 0.73
  • GF Value™: $40.57 vs. price of $26.82 (33.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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

Thule Group AB Business Description

Address Dockgatan 1, Malmo, SWE, SE-211 12
Thule Group AB is a manufacturer of sports and outdoor products. It develops and manufactures premium products that facilitate an active outdoor life. Its product categories; Sport & Cargo Carriers (roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (strollers, bike trailers, and child bike seats), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage, and camera bags). It has two operating segments: Region Europe and ROW, and Region Americas. Geographic markets: Sweden, Other Nordic countries, Germany, Other Europe, the USA, Other North America, Central/South America, Asia/Pacific Rim, and the Rest of the world.
78GF Score

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

$26.82
Price
$40.57
GF Value