Manaksia Steels (BOM:539044) Inventory Turnover: 1.60 (As of Jun. 2026)

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BOM:539044 Manaksia Steels Ltd BOM:539044
77 GF Score
Price ₹107.40
GF Value ₹105.33
Valuation Fairly Valued
! 5 Warning Signs
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What is Manaksia Steels Inventory Turnover?

Manaksia Steels BOM:539044 -3.94% 77 Inventory Turnover is 1.60 as of Jun. 2026. GuruFocus rates BOM:539044 with a GF Score™ of 77/100 and a GF Value™ of ₹105.33 (Fairly Valued). 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. Manaksia Steels's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹2,482 Mil. Manaksia Steels's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹1,553 Mil. Manaksia Steels's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Manaksia Steels's Days Inventory for the three months ended in Jun. 2026 was 57.09.

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. Manaksia Steels's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.47.

Manaksia Steels  (BOM:539044) 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.

Manaksia Steels'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
=1552.716/2481.891*365 / 4
=57.09

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.

Manaksia Steels'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 )
=1552.716 / 3274.877
=0.47

* 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.

Manaksia Steels Inventory Turnover Related Terms

Manaksia Steels Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Manaksia Steels'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.

Manaksia Steels Inventory Turnover Chart

Manaksia Steels 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 4.93 5.53 4.33 3.96 6.34

Manaksia Steels 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 1.30 1.35 1.69 1.62 1.60
BOM:539044
77GF Score
Manaksia Steels Ltd BOM:539044
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Manaksia Steels Inventory Turnover Calculation

Manaksia Steels'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 )
=9217.1 / ((1356.526 + 1552.716) / 2 )
=9217.1 / 1454.621
=6.34

Manaksia Steels'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 )
=2481.891 / ((1552.716 + 0) / 1 )
=2481.891 / 1552.716
=1.60

* 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 1.60 mean?
Manaksia Steels (BOM:539044) has a Inventory Turnover of 1.60 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Manaksia Steels and its competitors.
Is Manaksia Steels' Inventory Turnover too high?
Manaksia Steels' current Inventory Turnover is 1.60. Overall, Manaksia Steels has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manaksia Steels' Inventory Turnover compare to NUE and STLD?
Manaksia Steels' Inventory Turnover of 1.60 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Manaksia Steels and its competitors. Manaksia Steels's current Inventory Turnover is 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manaksia Steels stock overvalued right now?
Based on GuruFocus' analysis, Manaksia Steels (BOM:539044) is currently considered Fairly Valued. The stock's GF Value™ is ₹105.33, compared to a current price of ₹107.40 — trading 2% above its estimated fair value. The current Inventory Turnover is 1.60. Manaksia Steels' overall GF Score™ is 77/100 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 Manaksia Steels (BOM:539044), the current Inventory Turnover is 1.60 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.

Is Manaksia Steels (BOM:539044) Overvalued in 2026?

Based on GuruFocus' analysis, Manaksia Steels stock appears to be overvalued. The current stock price of ₹107.40 is trading 2% above its estimated GF Value™ of ₹105.33. GuruFocus considers Manaksia Steels to be Fairly Valued.

Key valuation signals for BOM:539044:

  • Inventory Turnover: 1.60
  • GF Value™: ₹105.33 vs. price of ₹107.40 (2% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the BOM:539044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Manaksia Steels Business Description

Other Exchanges MANAKSTEEL:India
Address 6 Lyons Range, 1st Floor, Turner Morrison Building, Kolkata, WB, IND, 700001
Manaksia Steels Ltd is a manufacturer of value-added secondary steel products and is poised to cater to the increasing demands overseas and in India for the housing and infrastructure sectors. The company manufactures and sells steel products comprising Cold Rolled Steel Sheets and Coils, Galvanized Steel Sheets and Coils, Color Coated Steel sheets and coils, and others. Geographically, it derives a majority of its revenue from India.
77GF Score

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

₹107.40
Price
₹105.33
GF Value