Premco Global (BOM:530331) Inventory Turnover: 0.48 (As of Mar. 2026)

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BOM:530331 Premco Global Ltd BOM:530331
57 GF Score
Price ₹367.00
GF Value ₹401.48
Valuation Fairly Valued
! 3 Warning Signs
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What is Premco Global Inventory Turnover?

Premco Global BOM:530331 +0.40% 57 Inventory Turnover is 0.48 as of Mar. 2026. GuruFocus rates BOM:530331 with a GF Score™ of 57/100 and a GF Value™ of ₹401.48 (Fairly Valued). 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. Premco Global's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹111.4 Mil. Premco Global's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹229.7 Mil. Premco Global's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premco Global's Days Inventory for the three months ended in Mar. 2026 was 188.20.

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. Premco Global's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.07.


Premco Global  (BOM:530331) 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.

Premco Global'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
=229.67/111.359*365 / 4
=188.20

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.

Premco Global'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 )
=229.67 / 214.145
=1.07

* 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.


Premco Global Inventory Turnover Related Terms


Premco Global Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Premco Global'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.

Premco Global Inventory Turnover Chart

Premco Global 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 3.18 2.29 2.26 2.02 1.73

Premco Global 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 0.50 0.50 0.49 0.28 0.48
BOM:530331
57GF Score
Premco Global Ltd BOM:530331
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Premco Global Inventory Turnover Calculation

Premco Global'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 )
=423.653 / ((259.804 + 229.67) / 2 )
=423.653 / 244.737
=1.73

Premco Global'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 )
=111.359 / ((0 + 229.67) / 1 )
=111.359 / 229.67
=0.48

* 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 0.48 mean?
Premco Global (BOM:530331) has a Inventory Turnover of 0.48 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Premco Global and its competitors.
Is Premco Global's Inventory Turnover too high?
Premco Global's current Inventory Turnover is 0.48. Overall, Premco Global has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Premco Global's Inventory Turnover compare to competitors?
Premco Global's Inventory Turnover of 0.48 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 Premco Global and its competitors. Premco Global's current Inventory Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premco Global stock overvalued right now?
Based on GuruFocus' analysis, Premco Global (BOM:530331) is currently considered Fairly Valued. The stock's GF Value™ is ₹401.48, compared to a current price of ₹367.00 — trading 8.6% below its estimated fair value. The current Inventory Turnover is 0.48. Premco Global's overall GF Score™ is 57/100 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 Premco Global (BOM:530331), the current Inventory Turnover is 0.48 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 Premco Global (BOM:530331) Overvalued in 2026?

Based on GuruFocus' analysis, Premco Global stock appears to be undervalued. The current stock price of ₹367.00 is trading 8.6% below its estimated GF Value™ of ₹401.48. GuruFocus considers Premco Global to be Fairly Valued.

Key valuation signals for BOM:530331:

  • Inventory Turnover: 0.48
  • GF Value™: ₹401.48 vs. price of ₹367.00 (8.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the BOM:530331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premco Global Business Description

Address 95 Ganpatrao Kadam marg, Urmi Estate, Tower-A, 11th floor, Lower Parel (West), Mumbai, IND, 400013
Premco Global Ltd is a company that is engaged in manufacturing woven and knitted elastic tapes, and other activities. Its product portfolio includes Name tapes and plain tapes; Buttonholes, rigid tapes and medical tapes and Panty and shoulder elastics. Geographically, it derives a majority of revenue from India.
57GF Score

Get the complete analysis for BOM:530331

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

₹367.00
Price
₹401.48
GF Value