Zenith Fibres (BOM:514266) Inventory Turnover: 3.04 (As of Mar. 2026)

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BOM:514266 Zenith Fibres Ltd BOM:514266
64 GF Score
Price ₹54.98
GF Value ₹62.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zenith Fibres Inventory Turnover?

Zenith Fibres BOM:514266 +0.46% 64 Inventory Turnover is 3.04 as of Mar. 2026. GuruFocus rates BOM:514266 with a GF Score™ of 64/100 and a GF Value™ of ₹62.37 (Modestly Undervalued). The stock has 3 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. Zenith Fibres's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹79.6 Mil. Zenith Fibres's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹26.2 Mil. Zenith Fibres's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zenith Fibres's Days Inventory for the three months ended in Mar. 2026 was 30.05.

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. Zenith Fibres's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.23.


Zenith Fibres  (BOM:514266) 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.

Zenith Fibres'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
=26.221/79.619*365 / 4
=30.05

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.

Zenith Fibres'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 )
=26.221 / 113.11
=0.23

* 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.


Zenith Fibres Inventory Turnover Related Terms


Zenith Fibres Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Zenith Fibres'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.

Zenith Fibres Inventory Turnover Chart

Zenith Fibres 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 10.78 8.59 4.48 6.92 7.93

Zenith Fibres 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 2.30 1.61 2.24 2.25 3.04
BOM:514266
64GF Score
Zenith Fibres Ltd BOM:514266
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Fibres Inventory Turnover Calculation

Zenith Fibres'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 )
=270.248 / ((41.977 + 26.221) / 2 )
=270.248 / 34.099
=7.93

Zenith Fibres'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 )
=79.619 / ((0 + 26.221) / 1 )
=79.619 / 26.221
=3.04

* 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 3.04 mean?
Zenith Fibres (BOM:514266) has a Inventory Turnover of 3.04 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Zenith Fibres and its competitors.
Is Zenith Fibres' Inventory Turnover too high?
Zenith Fibres' current Inventory Turnover is 3.04. Overall, Zenith Fibres has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Fibres' Inventory Turnover compare to competitors?
Zenith Fibres' Inventory Turnover of 3.04 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Zenith Fibres and its competitors. Zenith Fibres's current Inventory Turnover is 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Fibres stock overvalued right now?
Based on GuruFocus' analysis, Zenith Fibres (BOM:514266) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹62.37, compared to a current price of ₹54.98 — trading 11.8% below its estimated fair value. The current Inventory Turnover is 3.04. Zenith Fibres' overall GF Score™ is 64/100 with 3 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 Zenith Fibres (BOM:514266), the current Inventory Turnover is 3.04 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 Zenith Fibres (BOM:514266) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Fibres stock appears to be undervalued. The current stock price of ₹54.98 is trading 11.8% below its estimated GF Value™ of ₹62.37. GuruFocus considers Zenith Fibres to be Modestly Undervalued.

Key valuation signals for BOM:514266:

  • Inventory Turnover: 3.04
  • GF Value™: ₹62.37 vs. price of ₹54.98 (11.8% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the BOM:514266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenith Fibres Business Description

Address Subhanpura Road, 103 Synergy House, Vadodara, GJ, IND, 390 023
Zenith Fibres Ltd is an Indian based company engaged in the manufacturing of man-made fibers such as polypropylene staple fiber. The polypropylene fiber product is used in a wide variety of areas; some of these include spun yarn filter fabrics, non-woven filter fabrics, geo-textiles, floor coverings and carpet backings, furnishing fabrics, blankets, wall-coverings, in the construction industry. Its segment includes Manmade Fibre and Wind Mill. The company generates maximum revenue from the Manmade Fibre segment.
64GF Score

Get the complete analysis for BOM:514266

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

₹54.98
Price
₹62.37
GF Value