Pandora AS (XTER:3P7) Inventory Turnover: 0.29 (As of Mar. 2026)


XTER:3P7 Pandora AS XTER:3P7
80 GF Score
Price €102.15
GF Value €159.58
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Pandora AS Inventory Turnover?

Pandora AS XTER:3P7 +1.90% 80 Inventory Turnover is 0.29 as of Mar. 2026. GuruFocus rates XTER:3P7 with a GF Score™ of 80/100 and a GF Value™ of €159.58 (Significantly Undervalued). The stock has 2 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. Pandora AS's Cost of Goods Sold for the three months ended in Mar. 2026 was €195 Mil. Pandora AS's Average Total Inventories for the quarter that ended in Mar. 2026 was €680 Mil. Pandora AS's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pandora AS's Days Inventory for the three months ended in Mar. 2026 was 318.24.

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. Pandora AS's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.72.

Pandora AS  (XTER:3P7) 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.

Pandora AS'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
=680.3005/195.067*365 / 4
=318.24

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.

Pandora AS'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 )
=680.3005 / 951.121
=0.72

* 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.

Pandora AS Inventory Turnover Related Terms

Pandora AS Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Pandora AS'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.

Pandora AS Inventory Turnover Chart

Pandora AS 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 2.26 1.74 1.43 1.49 1.46

Pandora AS 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 0.32 0.31 0.26 0.51 0.29
XTER:3P7
80GF Score
Pandora AS XTER:3P7
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Pandora AS Inventory Turnover Calculation

Pandora AS'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 )
=910.715 / ((593.481 + 653.782) / 2 )
=910.715 / 623.6315
=1.46

Pandora AS'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 )
=195.067 / ((653.782 + 706.819) / 2 )
=195.067 / 680.3005
=0.29

* 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 0.29 mean?
Pandora AS (XTER:3P7) has a Inventory Turnover of 0.29 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pandora AS and its competitors.
Is Pandora AS's Inventory Turnover too high?
Pandora AS's current Inventory Turnover is 0.29. Overall, Pandora AS has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Inventory Turnover compare to TPR and SIG?
Pandora AS's Inventory Turnover of 0.29 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Pandora AS and its competitors. Pandora AS's current Inventory Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (XTER:3P7) is currently considered Significantly Undervalued. The stock's GF Value™ is €159.58, compared to a current price of €102.15 — trading 36% below its estimated fair value. The current Inventory Turnover is 0.29. Pandora AS's overall GF Score™ is 80/100 with 2 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 Pandora AS (XTER:3P7), the current Inventory Turnover is 0.29 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 Pandora AS (XTER:3P7) Overvalued in 2026?

Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued. The current stock price of €102.15 is trading 36% below its estimated GF Value™ of €159.58. GuruFocus considers Pandora AS to be Significantly Undervalued.

Key valuation signals for XTER:3P7:

  • Inventory Turnover: 0.29
  • GF Value™: €159.58 vs. price of €102.15 (36% below fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the XTER:3P7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pandora AS Business Description

Address Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
80GF Score

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

€102.15
Price
€159.58
GF Value