TPICQ (TPI Composites) Inventory Turnover: 15.49 (As of Dec. 2025)

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What is TPI Composites Inventory Turnover?

TPI Composites TPICQ Inventory Turnover is 15.49 as of Dec. 2025. The stock has 7 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. TPI Composites's Cost of Goods Sold for the three months ended in Dec. 2025 was $232 Mil. TPI Composites's Average Total Inventories for the quarter that ended in Dec. 2025 was $15 Mil. TPI Composites's Inventory Turnover for the quarter that ended in Dec. 2025 was 15.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TPI Composites's Days Inventory for the three months ended in Dec. 2025 was 5.89.

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. TPI Composites's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.07.

TPI Composites  (OTCPK:TPICQ) 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.

TPI Composites's Days Inventory for the three months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=14.993/232.192*365 / 4
=5.89

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.

TPI Composites's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=14.993 / 206.321
=0.07

* 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.

TPI Composites Inventory Turnover Related Terms

TPI Composites Inventory Turnover Historical Data

* Premium members only.

The historical data trend for TPI Composites'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.

TPI Composites Inventory Turnover Chart

TPI Composites 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 143.87 136.76 97.07 146.22 65.69

TPI Composites Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 59.57 104.01 86.11 86.53 15.49

TPI Composites Inventory Turnover Calculation

TPI Composites'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 )
=1029.056 / ((3.741 + 27.591) / 2 )
=1029.056 / 15.666
=65.69

TPI Composites's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=232.192 / ((2.395 + 27.591) / 2 )
=232.192 / 14.993
=15.49

* 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 15.49 mean?
TPI Composites (TPICQ) has a Inventory Turnover of 15.49 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on TPI Composites and its competitors.
Is TPI Composites' Inventory Turnover too high?
TPI Composites' current Inventory Turnover is 15.49.
How does TPI Composites' Inventory Turnover compare to CHMX and INLF?
TPI Composites' Inventory Turnover of 15.49 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 TPI Composites and its competitors. TPI Composites's current Inventory Turnover is 15.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
Based on GuruFocus' analysis, TPI Composites (TPICQ) is currently considered Possible Value Trap. The stock's GF Value™ is $3.12, compared to a current price of $0.01 — trading 99.8% below its estimated fair value. The current Inventory Turnover is 15.49. 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 TPI Composites (TPICQ), the current Inventory Turnover is 15.49 as of Dec. 2025. 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.

TPI Composites Business Description

Address 9200 E Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.