ZTSTF (Ztest Electronics) Inventory Turnover: 0.99 (As of Mar. 2026)


ZTSTF Ztest Electronics Inc ZTSTF
48 GF Score
Price $0.24
GF Value $0.15
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ztest Electronics Inventory Turnover?

Ztest Electronics ZTSTF +0.21% 48 Inventory Turnover is 0.99 as of Mar. 2026. GuruFocus rates ZTSTF with a GF Score™ of 48/100 and a GF Value™ of $0.15 (Significantly Overvalued). The stock has 7 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. Ztest Electronics's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.99 Mil. Ztest Electronics's Average Total Inventories for the quarter that ended in Mar. 2026 was $1.00 Mil. Ztest Electronics's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ztest Electronics's Days Inventory for the three months ended in Mar. 2026 was 92.59.

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. Ztest Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.57.

Ztest Electronics  (OTCPK:ZTSTF) 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.

Ztest Electronics'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
=1.0015/0.987*365 / 4
=92.59

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.

Ztest Electronics'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 )
=1.0015 / 1.749
=0.57

* 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.

Ztest Electronics Inventory Turnover Related Terms

Ztest Electronics Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ztest Electronics'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.

Ztest Electronics Inventory Turnover Chart

Ztest Electronics Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.84 4.81 2.92 3.71 4.22

Ztest Electronics 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 0.96 1.06 0.85 1.05 0.99
ZTSTF
48GF Score
Ztest Electronics Inc ZTSTF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ztest Electronics Inventory Turnover Calculation

Ztest Electronics's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Inventory Turnover (A: Jun. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2025 ) / ((Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count )
=3.557 / ((0.92 + 0.767) / 2 )
=3.557 / 0.8435
=4.22

Ztest Electronics'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 )
=0.987 / ((0.918 + 1.085) / 2 )
=0.987 / 1.0015
=0.99

* 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 0.99 mean?
Ztest Electronics (ZTSTF) has a Inventory Turnover of 0.99 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ztest Electronics and its competitors.
Is Ztest Electronics' Inventory Turnover too high?
Ztest Electronics' current Inventory Turnover is 0.99. Overall, Ztest Electronics has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ztest Electronics' Inventory Turnover compare to APH and GLW?
Ztest Electronics' Inventory Turnover of 0.99 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Ztest Electronics and its competitors. Ztest Electronics's current Inventory Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ztest Electronics stock overvalued right now?
Based on GuruFocus' analysis, Ztest Electronics (ZTSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.24 — trading 56.7% above its estimated fair value. The current Inventory Turnover is 0.99. Ztest Electronics' overall GF Score™ is 48/100 with 7 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 Ztest Electronics (ZTSTF), the current Inventory Turnover is 0.99 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 Ztest Electronics (ZTSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Ztest Electronics stock appears to be overvalued. The current stock price of $0.24 is trading 56.7% above its estimated GF Value™ of $0.15. GuruFocus considers Ztest Electronics to be Significantly Overvalued.

Key valuation signals for ZTSTF:

  • Inventory Turnover: 0.99
  • GF Value™: $0.15 vs. price of $0.24 (56.7% above fair value)
  • GF Score™: 48/100 with 7 warning signs

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

Ztest Electronics Business Description

Other Exchanges ZTE:Canada
Address 523 McNicoll Avenue, North York, Toronto, ON, CAN, M2H 2C9
Ztest Electronics Inc is a Canada-based company. It is involved in the designing, developing, and assembling printed circuit boards and other electronic equipment. Geographically, the company operates only in Canada.
48GF Score

Get the complete analysis for ZTSTF

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

$0.24
Price
$0.15
GF Value