Candour Techtex (BOM:522292) Inventory Turnover: 0.75 (As of Jun. 2026)

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BOM:522292 Candour Techtex Ltd BOM:522292
50 GF Score
Price ₹64.99
GF Value ₹12.89
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Candour Techtex Inventory Turnover?

Candour Techtex BOM:522292 +0.90% 50 Inventory Turnover is 0.75 as of Jun. 2026. GuruFocus rates BOM:522292 with a GF Score™ of 50/100 and a GF Value™ of ₹12.89 (Significantly Overvalued). 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. Candour Techtex's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹50.3 Mil. Candour Techtex's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹66.9 Mil. Candour Techtex's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Candour Techtex's Days Inventory for the three months ended in Jun. 2026 was 121.37.

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. Candour Techtex's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 1.10.


Candour Techtex  (BOM:522292) 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.

Candour Techtex'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
=66.881/50.283*365 / 4
=121.37

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.

Candour Techtex'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 )
=66.881 / 60.79
=1.10

* 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.


Candour Techtex Inventory Turnover Related Terms


Candour Techtex Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Candour Techtex'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.

Candour Techtex Inventory Turnover Chart

Candour Techtex 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 149.47 36.12 62.84 35.92 7.79

Candour Techtex 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 5.36 1.25 0.68 0.64 0.75
BOM:522292
50GF Score
Candour Techtex Ltd BOM:522292
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Candour Techtex Inventory Turnover Calculation

Candour Techtex'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 )
=492.287 / ((59.584 + 66.881) / 2 )
=492.287 / 63.2325
=7.79

Candour Techtex'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 )
=50.283 / ((66.881 + 0) / 1 )
=50.283 / 66.881
=0.75

* 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 0.75 mean?
Candour Techtex (BOM:522292) has a Inventory Turnover of 0.75 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Candour Techtex and its competitors.
Is Candour Techtex's Inventory Turnover too high?
Candour Techtex's current Inventory Turnover is 0.75. Overall, Candour Techtex has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Candour Techtex's Inventory Turnover compare to GEV and ETN?
Candour Techtex's Inventory Turnover of 0.75 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 Candour Techtex and its competitors. Candour Techtex's current Inventory Turnover is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candour Techtex stock overvalued right now?
Based on GuruFocus' analysis, Candour Techtex (BOM:522292) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹12.89, compared to a current price of ₹64.99 — trading 404.2% above its estimated fair value. The current Inventory Turnover is 0.75. Candour Techtex's overall GF Score™ is 50/100 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 Candour Techtex (BOM:522292), the current Inventory Turnover is 0.75 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 Candour Techtex (BOM:522292) Overvalued in 2026?

Based on GuruFocus' analysis, Candour Techtex stock appears to be overvalued. The current stock price of ₹64.99 is trading 404.2% above its estimated GF Value™ of ₹12.89. GuruFocus considers Candour Techtex to be Significantly Overvalued.

Key valuation signals for BOM:522292:

  • Inventory Turnover: 0.75
  • GF Value™: ₹12.89 vs. price of ₹64.99 (404.2% above fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the BOM:522292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Candour Techtex Business Description

Address 52, S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030
Candour Techtex Ltd deals in diversified business activities, primarily in the manufacturing and trading of textiles, plastics and other items. In addition, it also manufactures velvet fabrics. The operating segments of the company are the Textile division; Plastic division, Trading Division and Technical Textiles Division. It derives maximum revenue from the Trading division. The organization also manufactures plastic crates and other allied plastic products. The company has business operations in India and internationally. Its product offerings comprise die-casting machines, Injection Moulding Machines, and Rubber Injection Moulding machines, among others.
50GF Score

Get the complete analysis for BOM:522292

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

₹64.99
Price
₹12.89
GF Value