Alpha Adriatic JSC (ZAG:ULPL) Inventory Turnover: 12.45 (As of Mar. 2026)

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ZAG:ULPL Alpha Adriatic JSC ZAG:ULPL
48 GF Score
Price €10.00
GF Value €19.99
Valuation Possible Value Trap
! 3 Warning Signs
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What is Alpha Adriatic JSC Inventory Turnover?

Alpha Adriatic JSC ZAG:ULPL -4.76% 48 Inventory Turnover is 12.45 as of Mar. 2026. GuruFocus rates ZAG:ULPL with a GF Score™ of 48/100 and a GF Value™ of €19.99 (Possible Value Trap). The stock has 3 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. Alpha Adriatic JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was €3.76 Mil. Alpha Adriatic JSC's Average Total Inventories for the quarter that ended in Mar. 2026 was €0.30 Mil. Alpha Adriatic JSC's Inventory Turnover for the quarter that ended in Mar. 2026 was 12.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alpha Adriatic JSC's Days Inventory for the three months ended in Mar. 2026 was 7.33.

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. Alpha Adriatic JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.08.

Alpha Adriatic JSC  (ZAG:ULPL) 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.

Alpha Adriatic JSC'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
=0.302/3.76*365 / 4
=7.33

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.

Alpha Adriatic JSC'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 )
=0.302 / 3.808
=0.08

* 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.

Alpha Adriatic JSC Inventory Turnover Related Terms

Alpha Adriatic JSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC Inventory Turnover Chart

Alpha Adriatic JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.32 68.79 26.40 26.22 49.32

Alpha Adriatic JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 7.70 10.17 16.15 12.48 12.45
ZAG:ULPL
48GF Score
Alpha Adriatic JSC ZAG:ULPL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Adriatic JSC Inventory Turnover Calculation

Alpha Adriatic JSC's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=13.515 / ((0.244 + 0.304) / 2 )
=13.515 / 0.274
=49.32

Alpha Adriatic JSC'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=3.76 / ((0.236 + 0.368) / 2 )
=3.76 / 0.302
=12.45

* 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 12.45 mean?
Alpha Adriatic JSC (ZAG:ULPL) has a Inventory Turnover of 12.45 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Alpha Adriatic JSC and its competitors.
Is Alpha Adriatic JSC's Inventory Turnover too high?
Alpha Adriatic JSC's current Inventory Turnover is 12.45. Overall, Alpha Adriatic JSC has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Adriatic JSC's Inventory Turnover compare to UPS and FDX?
Alpha Adriatic JSC's Inventory Turnover of 12.45 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 Alpha Adriatic JSC and its competitors. Alpha Adriatic JSC's current Inventory Turnover is 12.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Adriatic JSC stock overvalued right now?
Based on GuruFocus' analysis, Alpha Adriatic JSC (ZAG:ULPL) is currently considered Possible Value Trap. The stock's GF Value™ is €19.99, compared to a current price of €10.00 — trading 50% below its estimated fair value. The current Inventory Turnover is 12.45. Alpha Adriatic JSC's overall GF Score™ is 48/100 with 3 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 Alpha Adriatic JSC (ZAG:ULPL), the current Inventory Turnover is 12.45 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 Alpha Adriatic JSC (ZAG:ULPL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Adriatic JSC stock appears to be undervalued. The current stock price of €10.00 is trading 50% below its estimated GF Value™ of €19.99. GuruFocus considers Alpha Adriatic JSC to be Possible Value Trap.

Key valuation signals for ZAG:ULPL:

  • Inventory Turnover: 12.45
  • GF Value™: €19.99 vs. price of €10.00 (50% below fair value)
  • GF Score™: 48/100 with 3 warning signs

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

Alpha Adriatic JSC Business Description

Address Carrarina 6, Pula, HRV, 52100
Alpha Adriatic JSC engaged in activities of international maritime transportation of goods in dry bulk and tanker sectors and providing full ship management services for third parties. It has interests in oil and chemical tankers, and bulk carriers and also provides third-party ship management services for oil and chemical tankers.
48GF Score

Get the complete analysis for ZAG:ULPL

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

€10.00
Price
€19.99
GF Value