Vitreous Glass (TSXV:VCI) Inventory Turnover: 3.06 (As of Mar. 2026)


TSXV:VCI Vitreous Glass Inc TSXV:VCI
76 GF Score
Price C$6.35
GF Value C$8.31
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Vitreous Glass Inventory Turnover?

Vitreous Glass TSXV:VCI +1.60% 76 Inventory Turnover is 3.06 as of Mar. 2026. GuruFocus rates TSXV:VCI with a GF Score™ of 76/100 and a GF Value™ of C$8.31 (Modestly Undervalued). The stock has 1 warning sign 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. Vitreous Glass's Cost of Goods Sold for the three months ended in Mar. 2026 was C$2.07 Mil. Vitreous Glass's Average Total Inventories for the quarter that ended in Mar. 2026 was C$0.68 Mil. Vitreous Glass's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vitreous Glass's Days Inventory for the three months ended in Mar. 2026 was 29.79.

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. Vitreous Glass's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.18.


Vitreous Glass  (TSXV:VCI) 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.

Vitreous Glass'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
=0.677/2.074*365 / 4
=29.79

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.

Vitreous Glass'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 )
=0.677 / 3.713
=0.18

* 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.


Vitreous Glass Inventory Turnover Related Terms


Vitreous Glass Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Vitreous Glass'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.

Vitreous Glass Inventory Turnover Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.15 6.81 5.95 6.85 11.04

Vitreous Glass 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 3.21 2.94 2.88 2.62 3.06
TSXV:VCI
76GF Score
Vitreous Glass Inc TSXV:VCI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitreous Glass Inventory Turnover Calculation

Vitreous Glass's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=7.729 / ((0.669 + 0.731) / 2 )
=7.729 / 0.7
=11.04

Vitreous Glass'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 )
=2.074 / ((0.677 + 0.677) / 2 )
=2.074 / 0.677
=3.06

* 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 3.06 mean?
Vitreous Glass (TSXV:VCI) has a Inventory Turnover of 3.06 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vitreous Glass and its competitors.
Is Vitreous Glass' Inventory Turnover too high?
Vitreous Glass' current Inventory Turnover is 3.06. Overall, Vitreous Glass has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Inventory Turnover compare to WM and RSG?
Vitreous Glass' Inventory Turnover of 3.06 can be compared against companies in the Waste Management 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 Waste Management company?
A good Inventory Turnover depends on the Waste Management 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 Vitreous Glass and its competitors. Vitreous Glass's current Inventory Turnover is 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitreous Glass stock overvalued right now?
Based on GuruFocus' analysis, Vitreous Glass (TSXV:VCI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$8.31, compared to a current price of C$6.35 — trading 23.6% below its estimated fair value. The current Inventory Turnover is 3.06. Vitreous Glass' overall GF Score™ is 76/100 with 1 warning sign 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 Vitreous Glass (TSXV:VCI), the current Inventory Turnover is 3.06 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 Vitreous Glass (TSXV:VCI) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of C$6.35 is trading 23.6% below its estimated GF Value™ of C$8.31. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for TSXV:VCI:

  • Inventory Turnover: 3.06
  • GF Value™: C$8.31 vs. price of C$6.35 (23.6% below fair value)
  • GF Score™: 76/100 with 1 warning sign

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


Vitreous Glass Business Description

Other Exchanges VCIGF:USA
Address 212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
76GF Score

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

C$6.35
Price
C$8.31
GF Value