VTEXF (Develop Global) Inventory Turnover: 4.74 (As of Dec. 2025)

What is Develop Global Inventory Turnover?

Develop Global VTEXF 51 Inventory Turnover is 4.74 as of Dec. 2025. GuruFocus rates VTEXF with a GF Score™ of 51/100 and a GF Value™ of $3.49. The stock has 5 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. Develop Global's Cost of Goods Sold for the six months ended in Dec. 2025 was $71.3 Mil. Develop Global's Average Total Inventories for the quarter that ended in Dec. 2025 was $15.0 Mil. Develop Global's Inventory Turnover for the quarter that ended in Dec. 2025 was 4.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Develop Global's Days Inventory for the six months ended in Dec. 2025 was 38.47.

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. Develop Global's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.13.

Develop Global (OTCPK:VTEXF) 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.

Develop Global's Days Inventory for the six 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
	=	15.025	/	71.285	*	365 / 2
	=	38.47

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.

Develop Global'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 )
	=	15.025	/	113.312
	=	0.13

* 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.

Develop Global Inventory Turnover Related Terms

Develop Global Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Develop Global's Inventory Turnover can be seen below:

Develop Global Inventory Turnover Chart

Develop Global Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

Get a 7-Day Free Trial

0.00

1.81

12.53

6.86

3.73

Develop Global Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Inventory Turnover	Get a 7-Day Free Trial															3.32	3.65	4.16	1.90	4.74

51GF Score

Develop Global Ltd VTEXF

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

View Full Analysis

Develop Global Inventory Turnover Calculation

Develop Global's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	41.784	/ (	(5.067	+	17.358)	/	2 )
=	41.784	/	11.2125
=	3.73

Develop Global'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: Jun. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	71.285	/ (	(17.358	+	12.692)	/	2 )
=	71.285	/	15.025
=	4.74

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 4.74 mean?

Develop Global (VTEXF) has a Inventory Turnover of 4.74 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Develop Global and its competitors.

Is Develop Global's Inventory Turnover too high?

Develop Global's current Inventory Turnover is 4.74. Overall, Develop Global has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.

How does Develop Global's Inventory Turnover compare to competitors?

Develop Global's Inventory Turnover of 4.74 can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining 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 Develop Global and its competitors. Develop Global's current Inventory Turnover is 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Develop Global stock overvalued right now?

Develop Global (VTEXF) has a current Inventory Turnover of 4.74. The stock's GF Value™ is $3.49, compared to a current price of $3.66 — trading 4.9% above its estimated fair value. The current Inventory Turnover is 4.74. Develop Global's overall GF Score™ is 51/100 with 5 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 Develop Global (VTEXF), the current Inventory Turnover is 4.74 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.

Is Develop Global (VTEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Develop Global stock appears to be overvalued. The current stock price of $3.66 is trading 4.9% above its estimated GF Value™ of $3.49.

Key valuation signals for VTEXF:

Inventory Turnover: 4.74
GF Value™: $3.49 vs. price of $3.66 (4.9% above fair value)
GF Score™: 51/100 with 5 warning signs

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

Develop Global Business Description

Industry Basic Materials Metals & Mining

Comparable Companies ASX:IPX ASX:PRN ASX:VUL ASX:MAH ASX:ELV ASX:DRR ASX:FFM ASX:MLX ASX:LIN ASX:ARU ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Other Exchanges IHB1:Germany DVP:Australia

Address 234 Railway Parade, West Leederville, Perth, WA, AUS, 6007

Website https://www.develop.com.au

Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.

51GF Score

Get the complete analysis for VTEXF

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

$3.66

Price

$3.49

GF Value

View VTEXF Analysis

See Inventory Turnover data for all stocks →