Churchill Downs (XTER:CHR) Inventory Turnover: 40.44 (As of Mar. 2026)

What is Churchill Downs Inventory Turnover?

Churchill Downs XTER:CHR -0.66% 62 Inventory Turnover is 40.44 as of Mar. 2026. GuruFocus rates XTER:CHR with a GF Score™ of 62/100 and a GF Value™ of €137.17 (Possible Value Trap). The stock has 4 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. Churchill Downs's Cost of Goods Sold for the three months ended in Mar. 2026 was €398 Mil. Churchill Downs's Average Total Inventories for the quarter that ended in Mar. 2026 was €10 Mil. Churchill Downs's Inventory Turnover for the quarter that ended in Mar. 2026 was 40.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Churchill Downs's Days Inventory for the three months ended in Mar. 2026 was 2.26.

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. Churchill Downs's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.

Churchill Downs (XTER:CHR) 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.

Churchill Downs'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
	=	9.839	/	397.9	*	365 / 4
	=	2.26

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.

Churchill Downs'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 )
	=	9.839	/	573.495
	=	0.02

* 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.

Churchill Downs Inventory Turnover Related Terms

Churchill Downs Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Churchill Downs's Inventory Turnover can be seen below:

Churchill Downs Inventory Turnover Chart

Churchill Downs Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

0.00

96.86

127.75

156.26

Churchill Downs 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															38.43	43.43	37.96	38.66	40.44

62GF Score

Churchill Downs Inc XTER:CHR

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

View Full Analysis

Churchill Downs Inventory Turnover Calculation

Churchill Downs'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 )
=	1659.579	/ (	(11.078	+	10.163)	/	2 )
=	1659.579	/	10.6205
=	156.26

Churchill Downs'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 )
=	397.9	/ (	(10.163	+	9.515)	/	2 )
=	397.9	/	9.839
=	40.44

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 40.44 mean?

Churchill Downs (XTER:CHR) has a Inventory Turnover of 40.44 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Churchill Downs and its competitors.

Is Churchill Downs' Inventory Turnover too high?

Churchill Downs' current Inventory Turnover is 40.44. Overall, Churchill Downs has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Churchill Downs' Inventory Turnover compare to ?

Churchill Downs' Inventory Turnover of 40.44 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?

A good Inventory Turnover depends on the Travel & Leisure 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 Churchill Downs and its competitors. Churchill Downs's current Inventory Turnover is 40.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Churchill Downs stock overvalued right now?

Based on GuruFocus' analysis, Churchill Downs (XTER:CHR) is currently considered Possible Value Trap. The stock's GF Value™ is €137.17, compared to a current price of €75.50 — trading 45% below its estimated fair value. The current Inventory Turnover is 40.44. Churchill Downs' overall GF Score™ is 62/100 with 4 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 Churchill Downs (XTER:CHR), the current Inventory Turnover is 40.44 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 Churchill Downs (XTER:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued. The current stock price of €75.50 is trading 45% below its estimated GF Value™ of €137.17. GuruFocus considers Churchill Downs to be Possible Value Trap.

Key valuation signals for XTER:CHR:

Inventory Turnover: 40.44
GF Value™: €137.17 vs. price of €75.50 (45% below fair value)
GF Score™: 62/100 with 4 warning signs

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

Churchill Downs Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies

Other Exchanges CHDN:USA C2HD34:Brazil

Address 600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222

Website https://www.churchilldownsincorporated.com

Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.

62GF Score

Get the complete analysis for XTER:CHR

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

€75.50

Price

€137.17

GF Value

View XTER:CHR Analysis

See Inventory Turnover data for all stocks →