Magna Electro Castings (BOM:517449) Inventory Turnover: 1.57 (As of Mar. 2026)

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BOM:517449 Magna Electro Castings Ltd BOM:517449
72 GF Score
Price ₹1,260.00
GF Value ₹929.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Magna Electro Castings Inventory Turnover?

Magna Electro Castings BOM:517449 -1.12% 72 Inventory Turnover is 1.57 as of Mar. 2026. GuruFocus rates BOM:517449 with a GF Score™ of 72/100 and a GF Value™ of ₹929.10 (Significantly Overvalued). The stock has 7 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. Magna Electro Castings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹293 Mil. Magna Electro Castings's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹187 Mil. Magna Electro Castings's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magna Electro Castings's Days Inventory for the three months ended in Mar. 2026 was 58.25.

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. Magna Electro Castings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.39.


Magna Electro Castings  (BOM:517449) 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.

Magna Electro Castings'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
=186.859/292.716*365 / 4
=58.25

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.

Magna Electro Castings'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 )
=186.859 / 476.111
=0.39

* 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.


Magna Electro Castings Inventory Turnover Related Terms


Magna Electro Castings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Magna Electro Castings'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.

Magna Electro Castings Inventory Turnover Chart

Magna Electro Castings 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 9.92 10.25 8.71 9.14 7.67

Magna Electro Castings 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 2.21 2.21 2.24 2.19 1.57
BOM:517449
72GF Score
Magna Electro Castings Ltd BOM:517449
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Magna Electro Castings Inventory Turnover Calculation

Magna Electro Castings'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 )
=1195.438 / ((124.707 + 186.859) / 2 )
=1195.438 / 155.783
=7.67

Magna Electro Castings'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 )
=292.716 / ((0 + 186.859) / 1 )
=292.716 / 186.859
=1.57

* 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 1.57 mean?
Magna Electro Castings (BOM:517449) has a Inventory Turnover of 1.57 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Magna Electro Castings and its competitors.
Is Magna Electro Castings' Inventory Turnover too high?
Magna Electro Castings' current Inventory Turnover is 1.57. Overall, Magna Electro Castings has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Inventory Turnover compare to CRS and ATI?
Magna Electro Castings' Inventory Turnover of 1.57 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Magna Electro Castings and its competitors. Magna Electro Castings's current Inventory Turnover is 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹929.10, compared to a current price of ₹1,260.00 — trading 35.6% above its estimated fair value. The current Inventory Turnover is 1.57. Magna Electro Castings' overall GF Score™ is 72/100 with 7 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 Magna Electro Castings (BOM:517449), the current Inventory Turnover is 1.57 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?

Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued. The current stock price of ₹1,260.00 is trading 35.6% above its estimated GF Value™ of ₹929.10. GuruFocus considers Magna Electro Castings to be Significantly Overvalued.

Key valuation signals for BOM:517449:

  • Inventory Turnover: 1.57
  • GF Value™: ₹929.10 vs. price of ₹1,260.00 (35.6% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magna Electro Castings Business Description

Address 43, Balasundaram Road, Coimbatore, TN, IND, 641018
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
72GF Score

Get the complete analysis for BOM:517449

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

₹1,260.00
Price
₹929.10
GF Value