Step Two (BOM:531509) Inventory Turnover: 1.08 (As of Jun. 2026)

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BOM:531509 Step Two Corp Ltd BOM:531509
36 GF Score
Price ₹22.99
! 3 Warning Signs
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What is Step Two Inventory Turnover?

Step Two BOM:531509 -0.04% 36 Inventory Turnover is 1.08 as of Jun. 2026. GuruFocus rates BOM:531509 with a GF Score™ of 36/100. 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. Step Two's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹15.26 Mil. Step Two's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹14.18 Mil. Step Two's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Step Two's Days Inventory for the three months ended in Jun. 2026 was 84.80.

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. Step Two's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.58.


Step Two  (BOM:531509) 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.

Step Two'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
=14.184/15.263*365 / 4
=84.80

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.

Step Two'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 )
=14.184 / 24.447
=0.58

* 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.


Step Two Inventory Turnover Related Terms


Step Two Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Step Two'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.

Step Two Inventory Turnover Chart

Step Two 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 0.00 0.00 0.00 0.00 3.25

Step Two 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 0.00 0.00 0.00 3.02 1.08
BOM:531509
36GF Score
Step Two Corp Ltd BOM:531509
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Step Two Inventory Turnover Calculation

Step Two'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 )
=46.066 / ((0 + 14.184) / 1 )
=46.066 / 14.184
=3.25

Step Two'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 )
=15.263 / ((14.184 + 0) / 1 )
=15.263 / 14.184
=1.08

* 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 1.08 mean?
Step Two (BOM:531509) has a Inventory Turnover of 1.08 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Step Two and its competitors.
Is Step Two's Inventory Turnover too high?
Step Two's current Inventory Turnover is 1.08. Overall, Step Two has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Step Two's Inventory Turnover compare to V and MA?
Step Two's Inventory Turnover of 1.08 can be compared against companies in the Credit Services 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 Credit Services company?
A good Inventory Turnover depends on the Credit Services 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 Step Two and its competitors. Step Two's current Inventory Turnover is 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Two stock overvalued right now?
Step Two (BOM:531509) has a current Inventory Turnover of 1.08. The current Inventory Turnover is 1.08. Step Two's overall GF Score™ is 36/100 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 Step Two (BOM:531509), the current Inventory Turnover is 1.08 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.

Step Two Business Description

Address AVANI SIGNATURE, 91A/1, Park Street, Kolkata, WB, IND, 700 016
Step Two Corp Ltd is a registered non-banking finance company engaged in the business of providing finance. The Company is engaged in providing Business Loans, and is also engaged in Trading and Investment in Shares & Securities. The majority of the revenue is generated from Interest Income.
36GF Score

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

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