Makedonski Telekom AD (XMAE:TEL) Inventory Turnover: 2.87 (As of Mar. 2026)

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XMAE:TEL Makedonski Telekom AD XMAE:TEL
87 GF Score
Price MKD500.00
GF Value MKD447.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Makedonski Telekom AD Inventory Turnover?

Makedonski Telekom AD XMAE:TEL 87 Inventory Turnover is 2.87 as of Mar. 2026. GuruFocus rates XMAE:TEL with a GF Score™ of 87/100 and a GF Value™ of MKD447.94 (Modestly Overvalued). The stock has 6 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. Makedonski Telekom AD's Cost of Goods Sold for the three months ended in Mar. 2026 was MKD1,242 Mil. Makedonski Telekom AD's Average Total Inventories for the quarter that ended in Mar. 2026 was MKD432 Mil. Makedonski Telekom AD's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Makedonski Telekom AD's Days Inventory for the three months ended in Mar. 2026 was 31.78.

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. Makedonski Telekom AD's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.14.


Makedonski Telekom AD  (XMAE:TEL) 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.

Makedonski Telekom AD'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
=432.486/1241.832*365 / 4
=31.78

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.

Makedonski Telekom AD'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 )
=432.486 / 3113.696
=0.14

* 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.


Makedonski Telekom AD Inventory Turnover Related Terms


Makedonski Telekom AD Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Makedonski Telekom AD'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.

Makedonski Telekom AD Inventory Turnover Chart

Makedonski Telekom AD 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 7.15 7.59 8.80 9.92 9.24

Makedonski Telekom AD 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 3.43 2.52 2.42 0.34 2.87
XMAE:TEL
87GF Score
Makedonski Telekom AD XMAE:TEL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Makedonski Telekom AD Inventory Turnover Calculation

Makedonski Telekom AD'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 )
=3525.181 / ((330.166 + 432.486) / 2 )
=3525.181 / 381.326
=9.24

Makedonski Telekom AD'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 )
=1241.832 / ((432.486 + 0) / 1 )
=1241.832 / 432.486
=2.87

* 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 2.87 mean?
Makedonski Telekom AD (XMAE:TEL) has a Inventory Turnover of 2.87 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Makedonski Telekom AD and its competitors.
Is Makedonski Telekom AD's Inventory Turnover too high?
Makedonski Telekom AD's current Inventory Turnover is 2.87. Overall, Makedonski Telekom AD has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makedonski Telekom AD's Inventory Turnover compare to VZ and TMUS?
Makedonski Telekom AD's Inventory Turnover of 2.87 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services 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 Makedonski Telekom AD and its competitors. Makedonski Telekom AD's current Inventory Turnover is 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makedonski Telekom AD stock overvalued right now?
Based on GuruFocus' analysis, Makedonski Telekom AD (XMAE:TEL) is currently considered Modestly Overvalued. The stock's GF Value™ is MKD447.94, compared to a current price of MKD500.00 — trading 11.6% above its estimated fair value. The current Inventory Turnover is 2.87. Makedonski Telekom AD's overall GF Score™ is 87/100 with 6 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 Makedonski Telekom AD (XMAE:TEL), the current Inventory Turnover is 2.87 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 Makedonski Telekom AD (XMAE:TEL) Overvalued in 2026?

Based on GuruFocus' analysis, Makedonski Telekom AD stock appears to be overvalued. The current stock price of MKD500.00 is trading 11.6% above its estimated GF Value™ of MKD447.94. GuruFocus considers Makedonski Telekom AD to be Modestly Overvalued.

Key valuation signals for XMAE:TEL:

  • Inventory Turnover: 2.87
  • GF Value™: MKD447.94 vs. price of MKD500.00 (11.6% above fair value)
  • GF Score™: 87/100 with 6 warning signs

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


Makedonski Telekom AD Business Description

Address Kej 13 Noemvri No. 6, Skopje, MKD, 1000
Makedonski Telekom AD offers telecommunications services. Its services include telephone services, internet access services including broadband internet and entertainment IPTV products. The company offers a portfolio for residential and business customers, provided from a single source and focuses on Cloud and ICT solutions in order to provide the best customer experience.
87GF Score

Get the complete analysis for XMAE:TEL

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

MKD500.00
Price
MKD447.94
GF Value