Shapir Engineering and Industry (XTAE:SPEN) Inventory Turnover: 1.23 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:SPEN Shapir Engineering and Industry Ltd XTAE:SPEN
87 GF Score
Price ₪45.19
GF Value ₪31.37
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Shapir Engineering and Industry Inventory Turnover?

Shapir Engineering and Industry XTAE:SPEN -1.14% 87 Inventory Turnover is 1.23 as of Mar. 2026. GuruFocus rates XTAE:SPEN with a GF Score™ of 87/100 and a GF Value™ of ₪31.37 (Significantly Overvalued). The stock has 12 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. Shapir Engineering and Industry's Cost of Goods Sold for the three months ended in Mar. 2026 was ₪1,339 Mil. Shapir Engineering and Industry's Average Total Inventories for the quarter that ended in Mar. 2026 was ₪1,086 Mil. Shapir Engineering and Industry's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shapir Engineering and Industry's Days Inventory for the three months ended in Mar. 2026 was 73.97.

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. Shapir Engineering and Industry's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.70.


Shapir Engineering and Industry  (XTAE:SPEN) 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.

Shapir Engineering and Industry'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
=1085.5/1339*365 / 4
=73.97

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.

Shapir Engineering and Industry'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 )
=1085.5 / 1557
=0.70

* 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.


Shapir Engineering and Industry Inventory Turnover Related Terms


Shapir Engineering and Industry Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shapir Engineering and Industry'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.

Shapir Engineering and Industry Inventory Turnover Chart

Shapir Engineering and Industry 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 10.11 13.18 11.64 8.06 5.67

Shapir Engineering and Industry 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 1.83 2.02 1.62 1.32 1.23
XTAE:SPEN
87GF Score
Shapir Engineering and Industry Ltd XTAE:SPEN
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shapir Engineering and Industry Inventory Turnover Calculation

Shapir Engineering and Industry'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 )
=5163 / ((698 + 1123) / 2 )
=5163 / 910.5
=5.67

Shapir Engineering and Industry'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 )
=1339 / ((1123 + 1048) / 2 )
=1339 / 1085.5
=1.23

* 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 1.23 mean?
Shapir Engineering and Industry (XTAE:SPEN) has a Inventory Turnover of 1.23 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shapir Engineering and Industry and its competitors.
Is Shapir Engineering and Industry's Inventory Turnover too high?
Shapir Engineering and Industry's current Inventory Turnover is 1.23. Overall, Shapir Engineering and Industry has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shapir Engineering and Industry's Inventory Turnover compare to PWR and FIX?
Shapir Engineering and Industry's Inventory Turnover of 1.23 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Shapir Engineering and Industry and its competitors. Shapir Engineering and Industry's current Inventory Turnover is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapir Engineering and Industry stock overvalued right now?
Based on GuruFocus' analysis, Shapir Engineering and Industry (XTAE:SPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪31.37, compared to a current price of ₪45.19 — trading 44.1% above its estimated fair value. The current Inventory Turnover is 1.23. Shapir Engineering and Industry's overall GF Score™ is 87/100 with 12 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 Shapir Engineering and Industry (XTAE:SPEN), the current Inventory Turnover is 1.23 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 Shapir Engineering and Industry (XTAE:SPEN) Overvalued in 2026?

Based on GuruFocus' analysis, Shapir Engineering and Industry stock appears to be overvalued. The current stock price of ₪45.19 is trading 44.1% above its estimated GF Value™ of ₪31.37. GuruFocus considers Shapir Engineering and Industry to be Significantly Overvalued.

Key valuation signals for XTAE:SPEN:

  • Inventory Turnover: 1.23
  • GF Value™: ₪31.37 vs. price of ₪45.19 (44.1% above fair value)
  • GF Score™: 87/100 with 12 warning signs

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


Shapir Engineering and Industry Business Description

Address 12 Bareket Street, Petach Tikva, ISR, 49170
Shapir Engineering and Industry Ltd is an Israel-based company which is active in engineering and construction industry. It is engaged in manufacturing and supplying of aggregates and road materials, concrete, concrete fabricated plant as well as asphalt for road paving. The company also manufactures ready mix concrete and building finishing products and prefabricated elements from prestressed and precast concrete. Shapir focuses on developing high-quality apartment buildings and other apartments in various projects through Israel.
87GF Score

Get the complete analysis for XTAE:SPEN

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

₪45.19
Price
₪31.37
GF Value