SMT Engineering (BOM:538563) Inventory Turnover: 0.42 (As of Mar. 2026)

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BOM:538563 SMT Engineering Ltd BOM:538563
43 GF Score
Price ₹493.10
! 5 Warning Signs
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What is SMT Engineering Inventory Turnover?

SMT Engineering BOM:538563 +0.27% 43 Inventory Turnover is 0.42 as of Mar. 2026. GuruFocus rates BOM:538563 with a GF Score™ of 43/100. The stock has 5 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. SMT Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹449 Mil. SMT Engineering's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,070 Mil. SMT Engineering's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SMT Engineering's Days Inventory for the three months ended in Mar. 2026 was 217.58.

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. SMT Engineering's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.44.

SMT Engineering  (BOM:538563) 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.

SMT Engineering'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
=1070.276/448.868*365 / 4
=217.58

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.

SMT Engineering'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 )
=1070.276 / 741.017
=1.44

* 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.

SMT Engineering Inventory Turnover Related Terms

SMT Engineering Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SMT Engineering'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.

SMT Engineering Inventory Turnover Chart

SMT Engineering 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 2.51 0.00 68.01 0.50 1.08

SMT Engineering 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 0.23 0.26 0.22 0.16 0.42
BOM:538563
43GF Score
SMT Engineering Ltd BOM:538563
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SMT Engineering Inventory Turnover Calculation

SMT Engineering'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 )
=937.907 / ((672.046 + 1070.276) / 2 )
=937.907 / 871.161
=1.08

SMT Engineering'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 )
=448.868 / ((0 + 1070.276) / 1 )
=448.868 / 1070.276
=0.42

* 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 0.42 mean?
SMT Engineering (BOM:538563) has a Inventory Turnover of 0.42 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SMT Engineering and its competitors.
Is SMT Engineering's Inventory Turnover too high?
SMT Engineering's current Inventory Turnover is 0.42. Overall, SMT Engineering has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SMT Engineering's Inventory Turnover compare to MS and GS?
SMT Engineering's Inventory Turnover of 0.42 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Inventory Turnover depends on the Capital Markets 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 SMT Engineering and its competitors. SMT Engineering's current Inventory Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMT Engineering stock overvalued right now?
SMT Engineering (BOM:538563) has a current Inventory Turnover of 0.42. The current Inventory Turnover is 0.42. SMT Engineering's overall GF Score™ is 43/100 with 5 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 SMT Engineering (BOM:538563), the current Inventory Turnover is 0.42 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.

SMT Engineering Business Description

Address Sanwer Road Industrial Area, Plot No. 23 D Sector A, Near Parle G Biscuit Factory, Indore, MP, IND, 452015
SMT Engineering Ltd and its subsidiaries, the Group, operate in share trading, manufacturing plastic processing machinery globally, and other businesses. Through its subsidiary, the company specializes in HDPE and PVC extrusion systems, drip irrigation solutions, and related plastic pipe manufacturing machinery, with CNC facilities in Indore, India. The company is also engaged in trading commodities and investing in mutual funds, shares, and securities, with the majority of its revenue generated from sales of shares and securities.
43GF 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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