Hindustan Hardy (BOM:505893) Inventory Turnover: 1.51 (As of Mar. 2026)

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BOM:505893 Hindustan Hardy Ltd BOM:505893
80 GF Score
Price ₹750.25
GF Value ₹1,041.54
Valuation Modestly Undervalued
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What is Hindustan Hardy Inventory Turnover?

Hindustan Hardy BOM:505893 -1.09% 80 Inventory Turnover is 1.51 as of Mar. 2026. GuruFocus rates BOM:505893 with a GF Score™ of 80/100 and a GF Value™ of ₹1,041.54 (Modestly Undervalued).

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. Hindustan Hardy's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹177 Mil. Hindustan Hardy's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹117 Mil. Hindustan Hardy's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hindustan Hardy's Days Inventory for the three months ended in Mar. 2026 was 60.36.

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. Hindustan Hardy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.40.


Hindustan Hardy  (BOM:505893) 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.

Hindustan Hardy'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
=117.298/177.321*365 / 4
=60.36

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.

Hindustan Hardy'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 )
=117.298 / 296.16
=0.40

* 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.


Hindustan Hardy Inventory Turnover Related Terms


Hindustan Hardy Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hindustan Hardy'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.

Hindustan Hardy Inventory Turnover Chart

Hindustan Hardy 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 7.21 6.68 5.96 5.41 5.65

Hindustan Hardy 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 1.48 1.40 0.94 1.07 1.51
BOM:505893
80GF Score
Hindustan Hardy Ltd BOM:505893
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Hardy Inventory Turnover Calculation

Hindustan Hardy'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 )
=606.812 / ((97.423 + 117.298) / 2 )
=606.812 / 107.3605
=5.65

Hindustan Hardy'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 )
=177.321 / ((0 + 117.298) / 1 )
=177.321 / 117.298
=1.51

* 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 1.51 mean?
Hindustan Hardy (BOM:505893) has a Inventory Turnover of 1.51 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hindustan Hardy and its competitors.
Is Hindustan Hardy's Inventory Turnover too high?
Hindustan Hardy's current Inventory Turnover is 1.51. Overall, Hindustan Hardy has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Hardy's Inventory Turnover compare to ORLY and AZO?
Hindustan Hardy's Inventory Turnover of 1.51 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Hindustan Hardy and its competitors. Hindustan Hardy's current Inventory Turnover is 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Hardy stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Hardy (BOM:505893) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,041.54, compared to a current price of ₹750.25 — trading 28% below its estimated fair value. The current Inventory Turnover is 1.51. Hindustan Hardy's overall GF Score™ is 80/100. 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 Hindustan Hardy (BOM:505893), the current Inventory Turnover is 1.51 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 Hindustan Hardy (BOM:505893) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Hardy stock appears to be undervalued. The current stock price of ₹750.25 is trading 28% below its estimated GF Value™ of ₹1,041.54. GuruFocus considers Hindustan Hardy to be Modestly Undervalued.

Key valuation signals for BOM:505893:

  • Inventory Turnover: 1.51
  • GF Value™: ₹1,041.54 vs. price of ₹750.25 (28% below fair value)
  • GF Score™: 80/100

No single metric tells the full story. See the BOM:505893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindustan Hardy Business Description

Address Plot No. C-12, M.I.D.C. Area, Ambad, Additional Nasik Industrial Area, Nashik, MH, IND, 422 010
Hindustan Hardy Ltd is an auto parts manufacturer in India. The company is principally engaged in the designing and manufacturing of propeller shafts and other accessories required for automotive, industrial, and other applications. Its sales are mainly to four customers that is domestic OEMs, export customers, industrial customers, and aftermarket.
80GF Score

Get the complete analysis for BOM:505893

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

₹750.25
Price
₹1,041.54
GF Value