Makstil AD (XMAE:STIL) Inventory Turnover: 0.64 (As of Mar. 2025)

What is Makstil AD Inventory Turnover?

Makstil AD XMAE:STIL 80 Inventory Turnover is 0.64 as of Mar. 2025. GuruFocus rates XMAE:STIL with a GF Score™ of 80/100.

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. Makstil AD's Cost of Goods Sold for the three months ended in Mar. 2025 was MKD2,235 Mil. Makstil AD's Average Total Inventories for the quarter that ended in Mar. 2025 was MKD3,492 Mil. Makstil AD's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Makstil AD's Days Inventory for the three months ended in Mar. 2025 was 142.59.

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. Makstil AD's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.22.

Makstil AD (XMAE:STIL) 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.

Makstil AD's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	3491.733	/	2234.524	*	365 / 4
	=	142.59

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.

Makstil AD's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	3491.733	/	2857.198
	=	1.22

* 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.

Makstil AD Inventory Turnover Related Terms

Makstil AD Inventory Turnover Historical Data

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The historical data trend for Makstil AD's Inventory Turnover can be seen below:

Makstil AD Inventory Turnover Chart

Makstil AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.97

2.71

3.55

2.45

2.26

Makstil AD Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.52	0.48	0.55	0.71	0.64

80GF Score

Makstil AD XMAE:STIL

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

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Makstil AD Inventory Turnover Calculation

Makstil AD's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	7512.208	/ (	(3147.029	+	3491.733)	/	2 )
=	7512.208	/	3319.381
=	2.26

Makstil AD's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	2234.524	/ (	(3491.733	+	0)	/	1 )
=	2234.524	/	3491.733
=	0.64

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.64 mean?

Makstil AD (XMAE:STIL) has a Inventory Turnover of 0.64 as of Mar. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Makstil AD and its competitors.

Is Makstil AD's Inventory Turnover too high?

Makstil AD's current Inventory Turnover is 0.64. Overall, Makstil AD has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.

How does Makstil AD's Inventory Turnover compare to NUE and STLD?

Makstil AD's Inventory Turnover of 0.64 can be compared against companies in the Steel 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 Steel company?

A good Inventory Turnover depends on the Steel 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 Makstil AD and its competitors. Makstil AD's current Inventory Turnover is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Makstil AD stock overvalued right now?

Makstil AD (XMAE:STIL) has a current Inventory Turnover of 0.64. The current Inventory Turnover is 0.64. Makstil AD's overall GF Score™ is 80/100. 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 Makstil AD (XMAE:STIL), the current Inventory Turnover is 0.64 as of Mar. 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.

Makstil AD Business Description

Industry Basic Materials Steel

Comparable Companies XMAE:RZLV XAMS:MT NUE BOM:500228 NSE:TATASTEEL STLD TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 RS BOM:532286 SZSE:000708 TPE:2002 WBO:VOE TSE:5411 ASX:BSL TX CMC OSTO:SSAB A

Address 16 Makedonska brigada, 18, Skopje, MKD, 1000

Website http://www.makstil.com

Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.

80GF Score

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MKD122.00

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