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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. Hemang Resources's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹73.10 Mil. Hemang Resources's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹131.38 Mil.
Hemang Resources's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.56.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hemang Resources's Days Inventory for the
three
months ended in Mar. 2026 was 164.01.
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.
Hemang Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.92.
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.
Hemang Resources's Days Inventory for the
three
months ended in Mar. 2026 is calculated as:
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.
Hemang Resources's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Hemang Resources Inventory Turnover Related Terms
Hemang Resources Inventory Turnover Historical Data
* Premium members only.
The historical data trend for Hemang Resources'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.
* 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.
Hemang Resources (BOM:531178) has a Inventory Turnover of 0.56 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hemang Resources and its competitors.
Is Hemang Resources' Inventory Turnover too high?
Hemang Resources' current Inventory Turnover is 0.56. Overall, Hemang Resources has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hemang Resources' Inventory Turnover compare to competitors?
Hemang Resources' Inventory Turnover of 0.56 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Inventory Turnover depends on the Other Energy Sources 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 Hemang Resources and its competitors. Hemang Resources's current Inventory Turnover is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemang Resources stock overvalued right now?
Based on GuruFocus' analysis, Hemang Resources (BOM:531178) is currently considered Fairly Valued. The stock's GF Value™ is ₹14.19, compared to a current price of ₹13.59 — trading 4.2% below its estimated fair value. The current Inventory Turnover is 0.56. Hemang Resources' overall GF Score™ is 58/100 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 Hemang Resources (BOM:531178), the current Inventory Turnover is 0.56 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 Hemang Resources (BOM:531178) Overvalued in 2026?
Based on GuruFocus' analysis, Hemang Resources stock appears to be undervalued.
The current stock price of ₹13.59 is trading 4.2% below its estimated GF Value™ of ₹14.19.
GuruFocus considers Hemang Resources to be Fairly Valued.
Key valuation signals for BOM:531178:
Inventory Turnover: 0.56
GF Value™: ₹14.19 vs. price of ₹13.59 (4.2% below fair value)
No single metric tells the full story. See the BOM:531178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hemang Resources Ltd is a company principally engaged in coal trading, stevedoring, logistic services, and land trading. The company's operating segments consist of the Coal Trading Division and the Infrastructure Division. The Coal Trading Division focuses on trading both imported and indigenous coal, selling to various industries in India. The Infrastructure Division operates in the real estate sector. The company generates the majority of its revenue from the sale of imported coal within the Coal Trading Division segment.
58GF Score
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