Hydro One (TSX:H) Inventory Turnover: 58.43 (As of Mar. 2026)


TSX:H Hydro One Ltd TSX:H
79 GF Score
Price C$59.06
GF Value C$50.89
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Hydro One Inventory Turnover?

Hydro One TSX:H +1.16% 79 Inventory Turnover is 58.43 as of Mar. 2026. GuruFocus rates TSX:H with a GF Score™ of 79/100 and a GF Value™ of C$50.89 (Modestly Overvalued). The stock has 10 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. Hydro One's Cost of Goods Sold for the three months ended in Mar. 2026 was C$1,753 Mil. Hydro One's Average Total Inventories for the quarter that ended in Mar. 2026 was C$30 Mil. Hydro One's Inventory Turnover for the quarter that ended in Mar. 2026 was 58.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hydro One's Days Inventory for the three months ended in Mar. 2026 was 1.56.

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. Hydro One's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Hydro One  (TSX:H) 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.

Hydro One'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
=30/1753*365 / 4
=1.56

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.

Hydro One'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 )
=30 / 2648
=0.01

* 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.

Hydro One Inventory Turnover Related Terms

Hydro One Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hydro One'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.

Hydro One Inventory Turnover Chart

Hydro One 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 208.49 212.00 166.87 170.34 189.73

Hydro One 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 52.61 38.70 43.68 50.66 58.43
TSX:H
79GF Score
Hydro One Ltd TSX:H
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hydro One Inventory Turnover Calculation

Hydro One'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 )
=5692 / ((29 + 31) / 2 )
=5692 / 30
=189.73

Hydro One'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 )
=1753 / ((31 + 29) / 2 )
=1753 / 30
=58.43

* 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 58.43 mean?
Hydro One (TSX:H) has a Inventory Turnover of 58.43 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hydro One and its competitors.
Is Hydro One's Inventory Turnover too high?
Hydro One's current Inventory Turnover is 58.43. Overall, Hydro One has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hydro One's Inventory Turnover compare to NEE and SO?
Hydro One's Inventory Turnover of 58.43 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated 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 Hydro One and its competitors. Hydro One's current Inventory Turnover is 58.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydro One stock overvalued right now?
Based on GuruFocus' analysis, Hydro One (TSX:H) is currently considered Modestly Overvalued. The stock's GF Value™ is C$50.89, compared to a current price of C$59.06 — trading 16.1% above its estimated fair value. The current Inventory Turnover is 58.43. Hydro One's overall GF Score™ is 79/100 with 10 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 Hydro One (TSX:H), the current Inventory Turnover is 58.43 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 Hydro One (TSX:H) Overvalued in 2026?

Based on GuruFocus' analysis, Hydro One stock appears to be overvalued. The current stock price of C$59.06 is trading 16.1% above its estimated GF Value™ of C$50.89. GuruFocus considers Hydro One to be Modestly Overvalued.

Key valuation signals for TSX:H:

  • Inventory Turnover: 58.43
  • GF Value™: C$50.89 vs. price of C$59.06 (16.1% above fair value)
  • GF Score™: 79/100 with 10 warning signs

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

Hydro One Business Description

Other Exchanges HRNNF:USA8H1:Germany
Address 483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.5% common equity stake.
79GF Score

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

C$59.06
Price
C$50.89
GF Value