Mipco Seamless Rings (Gujarat) (BOM:505797) Inventory Turnover: 122.70 (As of Mar. 2026)

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BOM:505797 Mipco Seamless Rings (Gujarat) Ltd BOM:505797
18 GF Score
Price ₹21.56
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What is Mipco Seamless Rings (Gujarat) Inventory Turnover?

Mipco Seamless Rings (Gujarat) BOM:505797 +4.97% 18 Inventory Turnover is 122.70 as of Mar. 2026. GuruFocus rates BOM:505797 with a GF Score™ of 18/100.

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. Mipco Seamless Rings (Gujarat)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹30.43 Mil. Mipco Seamless Rings (Gujarat)'s Average Total Inventories for the quarter that ended in Mar. 2026 was ₹0.25 Mil. Mipco Seamless Rings (Gujarat)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 122.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mipco Seamless Rings (Gujarat)'s Days Inventory for the three months ended in Mar. 2026 was 0.74.

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. Mipco Seamless Rings (Gujarat)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Mipco Seamless Rings (Gujarat)  (BOM:505797) 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.

Mipco Seamless Rings (Gujarat)'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
=0.248/30.429*365 / 4
=0.74

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.

Mipco Seamless Rings (Gujarat)'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 )
=0.248 / 31.666
=0.01

* 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.

Mipco Seamless Rings (Gujarat) Inventory Turnover Related Terms

Mipco Seamless Rings (Gujarat) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mipco Seamless Rings (Gujarat)'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.

Mipco Seamless Rings (Gujarat) Inventory Turnover Chart

Mipco Seamless Rings (Gujarat) 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 0.00 0.00 0.00 0.00 162.15

Mipco Seamless Rings (Gujarat) 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 0.00 0.00 7.30 8.95 122.70
BOM:505797
18GF Score
Mipco Seamless Rings (Gujarat) Ltd BOM:505797
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mipco Seamless Rings (Gujarat) Inventory Turnover Calculation

Mipco Seamless Rings (Gujarat)'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 )
=40.213 / ((0 + 0.248) / 1 )
=40.213 / 0.248
=162.15

Mipco Seamless Rings (Gujarat)'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 )
=30.429 / ((0 + 0.248) / 1 )
=30.429 / 0.248
=122.70

* 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 122.70 mean?
Mipco Seamless Rings (Gujarat) (BOM:505797) has a Inventory Turnover of 122.70 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mipco Seamless Rings (Gujarat) and its competitors.
Is Mipco Seamless Rings (Gujarat)'s Inventory Turnover too high?
Mipco Seamless Rings (Gujarat)'s current Inventory Turnover is 122.70. Overall, Mipco Seamless Rings (Gujarat) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mipco Seamless Rings (Gujarat)'s Inventory Turnover compare to XXI and CCXI?
Mipco Seamless Rings (Gujarat)'s Inventory Turnover of 122.70 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial Services 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 Mipco Seamless Rings (Gujarat) and its competitors. Mipco Seamless Rings (Gujarat)'s current Inventory Turnover is 122.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mipco Seamless Rings (Gujarat) stock overvalued right now?
Mipco Seamless Rings (Gujarat) (BOM:505797) has a current Inventory Turnover of 122.70. The current Inventory Turnover is 122.70. Mipco Seamless Rings (Gujarat)'s overall GF Score™ is 18/100. 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 Mipco Seamless Rings (Gujarat) (BOM:505797), the current Inventory Turnover is 122.70 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.

Mipco Seamless Rings (Gujarat) Business Description

Address 23-88/7-1, RK Nagar, Anandbagh, Malkajgiri, Rangareddy, Hyderabad, TG, IND, 500047
Mipco Seamless Rings (Gujarat) Ltd was previously engaged in the business of the media, communication, and entertainment sector. Currently, it has no operations and is evaluating opportunities available in the current market scenario to revive its activities.
18GF Score

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

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