DHL AG (XTER:DHL) Inventory Turnover: 18.16 (As of Jun. 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.

XTER:DHL DHL AG XTER:DHL
80 GF Score
Price €54.88
GF Value €43.84
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is DHL AG Inventory Turnover?

DHL AG XTER:DHL -1.26% 80 Inventory Turnover is 18.16 as of Jun. 2026. GuruFocus rates XTER:DHL with a GF Score™ of 80/100 and a GF Value™ of €43.84 (Modestly Overvalued). The stock has 11 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. DHL AG's Cost of Goods Sold for the three months ended in Jun. 2026 was €19,724 Mil. DHL AG's Average Total Inventories for the quarter that ended in Jun. 2026 was €1,086 Mil. DHL AG's Inventory Turnover for the quarter that ended in Jun. 2026 was 18.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DHL AG's Days Inventory for the three months ended in Jun. 2026 was 5.02.

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. DHL AG's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.05.

DHL AG  (XTER:DHL) 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.

DHL AG's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=1086/19724*365 / 4
=5.02

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.

DHL AG's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=1086 / 22367
=0.05

* 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.

DHL AG Inventory Turnover Related Terms

DHL AG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for DHL AG'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.

DHL AG Inventory Turnover Chart

DHL AG 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 133.16 105.49 69.67 65.11 65.00

DHL AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 17.04 16.58 13.96 17.80 18.16
XTER:DHL
80GF Score
DHL AG XTER:DHL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHL AG Inventory Turnover Calculation

DHL AG'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 )
=69229 / ((1125 + 1005) / 2 )
=69229 / 1065
=65.00

DHL AG's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=19724 / ((1038 + 1134) / 2 )
=19724 / 1086
=18.16

* 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 18.16 mean?
DHL AG (XTER:DHL) has a Inventory Turnover of 18.16 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on DHL AG and its competitors.
Is DHL AG's Inventory Turnover too high?
DHL AG's current Inventory Turnover is 18.16. Overall, DHL AG has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHL AG's Inventory Turnover compare to UPS and FDX?
DHL AG's Inventory Turnover of 18.16 can be compared against companies in the Transportation 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 Transportation company?
A good Inventory Turnover depends on the Transportation 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 DHL AG and its competitors. DHL AG's current Inventory Turnover is 18.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHL AG stock overvalued right now?
Based on GuruFocus' analysis, DHL AG (XTER:DHL) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.84, compared to a current price of €54.88 — trading 25.2% above its estimated fair value. The current Inventory Turnover is 18.16. DHL AG's overall GF Score™ is 80/100 with 11 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 DHL AG (XTER:DHL), the current Inventory Turnover is 18.16 as of Jun. 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 DHL AG (XTER:DHL) Overvalued in 2026?

Based on GuruFocus' analysis, DHL AG stock appears to be overvalued. The current stock price of €54.88 is trading 25.2% above its estimated GF Value™ of €43.84. GuruFocus considers DHL AG to be Modestly Overvalued.

Key valuation signals for XTER:DHL:

  • Inventory Turnover: 18.16
  • GF Value™: €43.84 vs. price of €54.88 (25.2% above fair value)
  • GF Score™: 80/100 with 11 warning signs

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

DHL AG Business Description

Address Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the three dominant integrated global parcel-shipping providers, along with US-based FedEx and UPS. It's also a leading global third-party logistics provider in terms of air and ocean forwarding and outsourced contract logistics markets touching Europe. The DHL divisions (Express, Global Forwarding & Freight, eCommerce Solutions, and Supply Chain) generate roughly 80% of consolidated revenue. Roughly 20% comes from the Post & Parcel Germany division, which includes the legacy German postal operations and the faster growing domestic package delivery business in Germany.
80GF Score

Get the complete analysis for XTER:DHL

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

€54.88
Price
€43.84
GF Value