TMGEF (Thermal Energy International) Inventory Turnover: 3.24 (As of Feb. 2026)


TMGEF Thermal Energy International Inc TMGEF
65 GF Score
Price $0.11
GF Value $0.17
Valuation Possible Value Trap
! 4 Warning Signs
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What is Thermal Energy International Inventory Turnover?

Thermal Energy International TMGEF 65 Inventory Turnover is 3.24 as of Feb. 2026. GuruFocus rates TMGEF with a GF Score™ of 65/100 and a GF Value™ of $0.17 (Possible Value Trap). 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. Thermal Energy International's Cost of Goods Sold for the three months ended in Feb. 2026 was $4.34 Mil. Thermal Energy International's Average Total Inventories for the quarter that ended in Feb. 2026 was $1.34 Mil. Thermal Energy International's Inventory Turnover for the quarter that ended in Feb. 2026 was 3.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thermal Energy International's Days Inventory for the three months ended in Feb. 2026 was 28.14.

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. Thermal Energy International's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.19.


Thermal Energy International  (OTCPK:TMGEF) 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.

Thermal Energy International's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=1.3385/4.341*365 / 4
=28.14

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.

Thermal Energy International's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=1.3385 / 6.905
=0.19

* 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.


Thermal Energy International Inventory Turnover Related Terms


Thermal Energy International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Thermal Energy International'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.

Thermal Energy International Inventory Turnover Chart

Thermal Energy International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 8.47 8.05 7.54 8.43

Thermal Energy International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.00 1.53 1.79 3.39 3.24
TMGEF
65GF Score
Thermal Energy International Inc TMGEF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermal Energy International Inventory Turnover Calculation

Thermal Energy International's Inventory Turnover for the fiscal year that ended in May. 2025 is calculated as

Inventory Turnover (A: May. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2025 ) / ((Total Inventories (A: May. 2024 ) + Total Inventories (A: May. 2025 )) / count )
=12.573 / ((1.354 + 1.629) / 2 )
=12.573 / 1.4915
=8.43

Thermal Energy International's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=4.341 / ((1.253 + 1.424) / 2 )
=4.341 / 1.3385
=3.24

* 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 3.24 mean?
Thermal Energy International (TMGEF) has a Inventory Turnover of 3.24 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Thermal Energy International and its competitors.
Is Thermal Energy International's Inventory Turnover too high?
Thermal Energy International's current Inventory Turnover is 3.24. Overall, Thermal Energy International has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's Inventory Turnover compare to VLTO and ZWS?
Thermal Energy International's Inventory Turnover of 3.24 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 Thermal Energy International and its competitors. Thermal Energy International's current Inventory Turnover is 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermal Energy International stock overvalued right now?
Based on GuruFocus' analysis, Thermal Energy International (TMGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.17, compared to a current price of $0.11 — trading 36.1% below its estimated fair value. The current Inventory Turnover is 3.24. Thermal Energy International's overall GF Score™ is 65/100 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 Thermal Energy International (TMGEF), the current Inventory Turnover is 3.24 as of Feb. 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 Thermal Energy International (TMGEF) Overvalued in 2026?

Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued. The current stock price of $0.11 is trading 36.1% below its estimated GF Value™ of $0.17. GuruFocus considers Thermal Energy International to be Possible Value Trap.

Key valuation signals for TMGEF:

  • Inventory Turnover: 3.24
  • GF Value™: $0.17 vs. price of $0.11 (36.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Thermal Energy International Business Description

Other Exchanges EUW:GermanyTMG:Canada
Address 36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
65GF Score

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

$0.11
Price
$0.17
GF Value