Munjal Showa (BOM:520043) Inventory Turnover: 3.29 (As of Jun. 2026)

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BOM:520043 Munjal Showa Ltd BOM:520043
70 GF Score
Price ₹139.10
GF Value ₹153.72
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Munjal Showa Inventory Turnover?

Munjal Showa BOM:520043 -0.78% 70 Inventory Turnover is 3.29 as of Jun. 2026. GuruFocus rates BOM:520043 with a GF Score™ of 70/100 and a GF Value™ of ₹153.72 (Modestly Undervalued). The stock has 2 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. Munjal Showa's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹2,740 Mil. Munjal Showa's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹833 Mil. Munjal Showa's Inventory Turnover for the quarter that ended in Jun. 2026 was 3.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Munjal Showa's Days Inventory for the three months ended in Jun. 2026 was 27.73.

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. Munjal Showa's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.24.


Munjal Showa  (BOM:520043) 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.

Munjal Showa's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=832.576/2740.073*365 / 4
=27.73

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.

Munjal Showa's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=832.576 / 3474.981
=0.24

* 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.


Munjal Showa Inventory Turnover Related Terms


Munjal Showa Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Munjal Showa'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.

Munjal Showa Inventory Turnover Chart

Munjal Showa 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 10.81 13.98 13.15 13.67 13.43

Munjal Showa Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.89 3.21 3.32 3.24 3.29
BOM:520043
70GF Score
Munjal Showa Ltd BOM:520043
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Munjal Showa Inventory Turnover Calculation

Munjal Showa'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 )
=10775.602 / ((772.679 + 832.576) / 2 )
=10775.602 / 802.6275
=13.43

Munjal Showa's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=2740.073 / ((832.576 + 0) / 1 )
=2740.073 / 832.576
=3.29

* 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 3.29 mean?
Munjal Showa (BOM:520043) has a Inventory Turnover of 3.29 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Munjal Showa and its competitors.
Is Munjal Showa's Inventory Turnover too high?
Munjal Showa's current Inventory Turnover is 3.29. Overall, Munjal Showa has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munjal Showa's Inventory Turnover compare to ORLY and AZO?
Munjal Showa's Inventory Turnover of 3.29 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 Munjal Showa and its competitors. Munjal Showa's current Inventory Turnover is 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munjal Showa stock overvalued right now?
Based on GuruFocus' analysis, Munjal Showa (BOM:520043) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹153.72, compared to a current price of ₹139.10 — trading 9.5% below its estimated fair value. The current Inventory Turnover is 3.29. Munjal Showa's overall GF Score™ is 70/100 with 2 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 Munjal Showa (BOM:520043), the current Inventory Turnover is 3.29 as of Jun. 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 Munjal Showa (BOM:520043) Overvalued in 2026?

Based on GuruFocus' analysis, Munjal Showa stock appears to be undervalued. The current stock price of ₹139.10 is trading 9.5% below its estimated GF Value™ of ₹153.72. GuruFocus considers Munjal Showa to be Modestly Undervalued.

Key valuation signals for BOM:520043:

  • Inventory Turnover: 3.29
  • GF Value™: ₹153.72 vs. price of ₹139.10 (9.5% below fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the BOM:520043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munjal Showa Business Description

Other Exchanges MUNJALSHOW:India
Address 9-11, Maruti Industrial Area, Sector 18, Gurugram, HR, IND, 122 015
Munjal Showa Ltd operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry. The company's primary products are front forks, shock absorbers, struts, gas springs, and window balancers. Geographically, it derives a majority of revenue from India. The company operates in the Auto Components segment.
70GF Score

Get the complete analysis for BOM:520043

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

₹139.10
Price
₹153.72
GF Value