Garware Hi-Tech Films (BOM:500655) Inventory Turnover: 0.69 (As of Mar. 2026)

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BOM:500655 Garware Hi-Tech Films Ltd BOM:500655
62 GF Score
Price ₹6,967.05
GF Value ₹3,386.53
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Garware Hi-Tech Films Inventory Turnover?

Garware Hi-Tech Films BOM:500655 -5.11% 62 Inventory Turnover is 0.69 as of Mar. 2026. GuruFocus rates BOM:500655 with a GF Score™ of 62/100 and a GF Value™ of ₹3,386.53 (Significantly Overvalued). The stock has 6 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. Garware Hi-Tech Films's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,679 Mil. Garware Hi-Tech Films's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹3,893 Mil. Garware Hi-Tech Films's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Garware Hi-Tech Films's Days Inventory for the three months ended in Mar. 2026 was 132.61.

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. Garware Hi-Tech Films's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.65.


Garware Hi-Tech Films  (BOM:500655) 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.

Garware Hi-Tech Films'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
=3892.5/2678.5*365 / 4
=132.61

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.

Garware Hi-Tech Films'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 )
=3892.5 / 5966.9
=0.65

* 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.


Garware Hi-Tech Films Inventory Turnover Related Terms


Garware Hi-Tech Films Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Garware Hi-Tech Films'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.

Garware Hi-Tech Films Inventory Turnover Chart

Garware Hi-Tech Films Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 3.62 3.63 3.25 2.74

Garware Hi-Tech Films 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 0.85 0.67 0.85 0.66 0.69
BOM:500655
62GF Score
Garware Hi-Tech Films Ltd BOM:500655
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Hi-Tech Films Inventory Turnover Calculation

Garware Hi-Tech Films's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=9562 / ((3093.6 + 3892.5) / 2 )
=9562 / 3493.05
=2.74

Garware Hi-Tech Films'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 )
=2678.5 / ((0 + 3892.5) / 1 )
=2678.5 / 3892.5
=0.69

* 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 0.69 mean?
Garware Hi-Tech Films (BOM:500655) has a Inventory Turnover of 0.69 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Garware Hi-Tech Films and its competitors.
Is Garware Hi-Tech Films' Inventory Turnover too high?
Garware Hi-Tech Films' current Inventory Turnover is 0.69. Overall, Garware Hi-Tech Films has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Hi-Tech Films' Inventory Turnover compare to LIN and SHW?
Garware Hi-Tech Films' Inventory Turnover of 0.69 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Garware Hi-Tech Films and its competitors. Garware Hi-Tech Films's current Inventory Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Hi-Tech Films stock overvalued right now?
Based on GuruFocus' analysis, Garware Hi-Tech Films (BOM:500655) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,386.53, compared to a current price of ₹6,967.05 — trading 105.7% above its estimated fair value. The current Inventory Turnover is 0.69. Garware Hi-Tech Films' overall GF Score™ is 62/100 with 6 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 Garware Hi-Tech Films (BOM:500655), the current Inventory Turnover is 0.69 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 Garware Hi-Tech Films (BOM:500655) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Hi-Tech Films stock appears to be overvalued. The current stock price of ₹6,967.05 is trading 105.7% above its estimated GF Value™ of ₹3,386.53. GuruFocus considers Garware Hi-Tech Films to be Significantly Overvalued.

Key valuation signals for BOM:500655:

  • Inventory Turnover: 0.69
  • GF Value™: ₹3,386.53 vs. price of ₹6,967.05 (105.7% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the BOM:500655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Hi-Tech Films Business Description

Other Exchanges GRWRHITECH:India
Address 50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400 057
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing & Trading of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. The company leverages its nano-dispersion and other cutting-edge technologies and other cutting-edge technologies to maintain its market. Geographically, the company derives maximum revenue from USA customers. It has one segment: Polyester films.
62GF Score

Get the complete analysis for BOM:500655

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

₹6,967.05
Price
₹3,386.53
GF Value