Apis India (BOM:506166) Inventory Turnover: 0.65 (As of Mar. 2026)

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BOM:506166 Apis India Ltd BOM:506166
62 GF Score
Price ₹51.54
GF Value ₹13.06
Valuation Significantly Overvalued
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What is Apis India Inventory Turnover?

Apis India BOM:506166 -2.83% 62 Inventory Turnover is 0.65 as of Mar. 2026. GuruFocus rates BOM:506166 with a GF Score™ of 62/100 and a GF Value™ of ₹13.06 (Significantly Overvalued).

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. Apis India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹528 Mil. Apis India's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹813 Mil. Apis India's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apis India's Days Inventory for the three months ended in Mar. 2026 was 140.69.

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. Apis India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.83.

Apis India  (BOM:506166) 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.

Apis India'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
=813.451/527.586*365 / 4
=140.69

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.

Apis India'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 )
=813.451 / 978.898
=0.83

* 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.

Apis India Inventory Turnover Related Terms

Apis India Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Apis India'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.

Apis India Inventory Turnover Chart

Apis India 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 1.89 2.37 2.21 2.57 2.95

Apis India 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 0.70 0.74 0.98 1.21 0.65
BOM:506166
62GF Score
Apis India Ltd BOM:506166
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Apis India Inventory Turnover Calculation

Apis India'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 )
=2358.022 / ((786.502 + 813.451) / 2 )
=2358.022 / 799.9765
=2.95

Apis India'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 )
=527.586 / ((0 + 813.451) / 1 )
=527.586 / 813.451
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.65 mean?
Apis India (BOM:506166) has a Inventory Turnover of 0.65 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Apis India and its competitors.
Is Apis India's Inventory Turnover too high?
Apis India's current Inventory Turnover is 0.65. Overall, Apis India has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apis India's Inventory Turnover compare to KHC and GIS?
Apis India's Inventory Turnover of 0.65 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Apis India and its competitors. Apis India's current Inventory Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apis India stock overvalued right now?
Based on GuruFocus' analysis, Apis India (BOM:506166) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.06, compared to a current price of ₹51.54 — trading 294.6% above its estimated fair value. The current Inventory Turnover is 0.65. Apis India's overall GF Score™ is 62/100. 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 Apis India (BOM:506166), the current Inventory Turnover is 0.65 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 Apis India (BOM:506166) Overvalued in 2026?

Based on GuruFocus' analysis, Apis India stock appears to be overvalued. The current stock price of ₹51.54 is trading 294.6% above its estimated GF Value™ of ₹13.06. GuruFocus considers Apis India to be Significantly Overvalued.

Key valuation signals for BOM:506166:

  • Inventory Turnover: 0.65
  • GF Value™: ₹13.06 vs. price of ₹51.54 (294.6% above fair value)
  • GF Score™: 62/100

No single metric tells the full story. See the BOM:506166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apis India Business Description

Address 18/32, East Patel Nagar, New Delhi, IND, 110 008
Apis India Ltd is a honey manufacturing company. The company has in-house facilities for testing, lab, processing, and filtration of honey. The company's product profile consists of Dates, Green tea, Honey, Pickles and Jam, among others. The company sells its products in India and also exports them to other countries, of which key income is earned in India.
62GF Score

Get the complete analysis for BOM:506166

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

₹51.54
Price
₹13.06
GF Value