TMTNF (Toromont Industries) Inventory Turnover: 0.74 (As of Mar. 2026)

What is Toromont Industries Inventory Turnover?

Toromont Industries TMTNF -3.03% 89 Inventory Turnover is 0.74 as of Mar. 2026. GuruFocus rates TMTNF with a GF Score™ of 89/100 and a GF Value™ of $101.36 (Significantly Overvalued). The stock has 6 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. Toromont Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was $664 Mil. Toromont Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was $901 Mil. Toromont Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Toromont Industries's Days Inventory for the three months ended in Mar. 2026 was 123.88.

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. Toromont Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.01.

Toromont Industries (OTCPK:TMTNF) 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.

Toromont Industries'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
	=	901.178	/	663.799	*	365 / 4
	=	123.88

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.

Toromont Industries'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 )
	=	901.178	/	895.096
	=	1.01

* 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.

Toromont Industries Inventory Turnover Related Terms

Toromont Industries Inventory Turnover Historical Data

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The historical data trend for Toromont Industries's Inventory Turnover can be seen below:

Toromont Industries Inventory Turnover Chart

Toromont Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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4.03

3.35

3.17

2.99

3.14

Toromont Industries 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															0.62	0.82	0.82	0.89	0.74

89GF Score

Toromont Industries Ltd TMTNF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Toromont Industries Inventory Turnover Calculation

Toromont Industries'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 )
=	2813.073	/ (	(927.611	+	863.347)	/	2 )
=	2813.073	/	895.479
=	3.14

Toromont Industries'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 )
=	663.799	/ (	(863.347	+	939.009)	/	2 )
=	663.799	/	901.178
=	0.74

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.74 mean?

Toromont Industries (TMTNF) has a Inventory Turnover of 0.74 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Toromont Industries and its competitors.

Is Toromont Industries' Inventory Turnover too high?

Toromont Industries' current Inventory Turnover is 0.74. Overall, Toromont Industries has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Toromont Industries' Inventory Turnover compare to GWW and FAST?

Toromont Industries' Inventory Turnover of 0.74 can be compared against companies in the Industrial Distribution 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 Distribution company?

A good Inventory Turnover depends on the Industrial Distribution 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 Toromont Industries and its competitors. Toromont Industries's current Inventory Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Toromont Industries stock overvalued right now?

Based on GuruFocus' analysis, Toromont Industries (TMTNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $101.36, compared to a current price of $157.76 — trading 55.6% above its estimated fair value. The current Inventory Turnover is 0.74. Toromont Industries' overall GF Score™ is 89/100 with 6 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 Toromont Industries (TMTNF), the current Inventory Turnover is 0.74 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 Toromont Industries (TMTNF) Overvalued in 2026?

Based on GuruFocus' analysis, Toromont Industries stock appears to be overvalued. The current stock price of $157.76 is trading 55.6% above its estimated GF Value™ of $101.36. GuruFocus considers Toromont Industries to be Significantly Overvalued.

Key valuation signals for TMTNF:

Inventory Turnover: 0.74
GF Value™: $101.36 vs. price of $157.76 (55.6% above fair value)
GF Score™: 89/100 with 6 warning signs

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

Toromont Industries Business Description

Industry Industrials Industrial Distribution

Comparable Companies TSX:FTT TSX:RUS TSX:DBM TSX:ADEN TSX:WJX TSX:TBL GWW FAST FERG WCC WSO QXO LSE:DPLM AIT OSTO:ADDT B CNM POOL OSTO:INDT OSTO:BEIJ B ASX:REH

Other Exchanges TMTNY:USA 14T:Germany TIH:Canada

Address 3131 Highway 7 West, P.O. Box 5511, Executive Offices, Concord, ON, CAN, L4K 1B7

Website https://www.toromont.com

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial, demolition, and waste management. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America and other regions.

89GF Score

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

$157.76

Price

$101.36

GF Value

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