Nikhil Adhesives (BOM:526159) Inventory Turnover: 2.25 (As of Mar. 2026)

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BOM:526159 Nikhil Adhesives Ltd BOM:526159
66 GF Score
Price ₹72.13
GF Value ₹100.05
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nikhil Adhesives Inventory Turnover?

Nikhil Adhesives BOM:526159 -1.86% 66 Inventory Turnover is 2.25 as of Mar. 2026. GuruFocus rates BOM:526159 with a GF Score™ of 66/100 and a GF Value™ of ₹100.05 (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. Nikhil Adhesives's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,224 Mil. Nikhil Adhesives's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹543 Mil. Nikhil Adhesives's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nikhil Adhesives's Days Inventory for the three months ended in Mar. 2026 was 40.47.

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. Nikhil Adhesives's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.33.


Nikhil Adhesives  (BOM:526159) 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.

Nikhil Adhesives'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
=542.827/1223.952*365 / 4
=40.47

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.

Nikhil Adhesives'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 )
=542.827 / 1659.55
=0.33

* 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.


Nikhil Adhesives Inventory Turnover Related Terms


Nikhil Adhesives Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nikhil Adhesives'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.

Nikhil Adhesives Inventory Turnover Chart

Nikhil Adhesives 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 9.65 7.92 5.79 5.62 5.81

Nikhil Adhesives 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 1.24 1.05 1.53 1.58 2.25
BOM:526159
66GF Score
Nikhil Adhesives Ltd BOM:526159
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikhil Adhesives Inventory Turnover Calculation

Nikhil Adhesives'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 )
=4135.405 / ((880.974 + 542.827) / 2 )
=4135.405 / 711.9005
=5.81

Nikhil Adhesives'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 )
=1223.952 / ((0 + 542.827) / 1 )
=1223.952 / 542.827
=2.25

* 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 2.25 mean?
Nikhil Adhesives (BOM:526159) has a Inventory Turnover of 2.25 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nikhil Adhesives and its competitors.
Is Nikhil Adhesives' Inventory Turnover too high?
Nikhil Adhesives' current Inventory Turnover is 2.25. Overall, Nikhil Adhesives has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nikhil Adhesives' Inventory Turnover compare to LIN and SHW?
Nikhil Adhesives' Inventory Turnover of 2.25 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Nikhil Adhesives and its competitors. Nikhil Adhesives's current Inventory Turnover is 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikhil Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Nikhil Adhesives (BOM:526159) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹100.05, compared to a current price of ₹72.13 — trading 27.9% below its estimated fair value. The current Inventory Turnover is 2.25. Nikhil Adhesives' overall GF Score™ is 66/100 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 Nikhil Adhesives (BOM:526159), the current Inventory Turnover is 2.25 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 Nikhil Adhesives (BOM:526159) Overvalued in 2026?

Based on GuruFocus' analysis, Nikhil Adhesives stock appears to be undervalued. The current stock price of ₹72.13 is trading 27.9% below its estimated GF Value™ of ₹100.05. GuruFocus considers Nikhil Adhesives to be Modestly Undervalued.

Key valuation signals for BOM:526159:

  • Inventory Turnover: 2.25
  • GF Value™: ₹100.05 vs. price of ₹72.13 (27.9% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the BOM:526159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikhil Adhesives Business Description

Address Sahar Road, Kaledonia HDIL Building, 902, 9th Floor, A-Wing, Opposite D-Mart, Andheri (East), Mumbai, MH, IND, 400069
Nikhil Adhesives Ltd is an India-based company engaged in the manufacturing and trading of polymer emulsions and adhesives. The products of the company include paint emulsions, textile emulsions, construction chemicals, and adhesives. The brands of the company are Mahacol, Emdicryl, Mahafix, Emdilith, Emditex, and Emdibind. The company operates in two business segments namely, Manufacturing of Adhesives and emulsions, which is the key revenue generator; and Trading in chemicals segment.
66GF Score

Get the complete analysis for BOM:526159

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

₹72.13
Price
₹100.05
GF Value