Variman Global Enterprises (BOM:540570) Inventory Turnover: 2.11 (As of Mar. 2026)

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BOM:540570 Variman Global Enterprises Ltd BOM:540570
65 GF Score
Price ₹5.23
GF Value ₹16.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Variman Global Enterprises Inventory Turnover?

Variman Global Enterprises BOM:540570 +4.81% 65 Inventory Turnover is 2.11 as of Mar. 2026. GuruFocus rates BOM:540570 with a GF Score™ of 65/100 and a GF Value™ of ₹16.52 (Significantly Undervalued). The stock has 4 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. Variman Global Enterprises's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹371 Mil. Variman Global Enterprises's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹176 Mil. Variman Global Enterprises's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Variman Global Enterprises's Days Inventory for the three months ended in Mar. 2026 was 43.24.

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. Variman Global Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.40.


Variman Global Enterprises  (BOM:540570) 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.

Variman Global Enterprises'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
=175.733/370.878*365 / 4
=43.24

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.

Variman Global Enterprises'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 )
=175.733 / 443.431
=0.40

* 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.


Variman Global Enterprises Inventory Turnover Related Terms


Variman Global Enterprises Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Variman Global Enterprises'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.

Variman Global Enterprises Inventory Turnover Chart

Variman Global Enterprises 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 8.09 9.73 6.97 5.46 6.32

Variman Global Enterprises 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 0.72 1.56 1.12 1.63 2.11
BOM:540570
65GF Score
Variman Global Enterprises Ltd BOM:540570
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Variman Global Enterprises Inventory Turnover Calculation

Variman Global Enterprises'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 )
=1144.68 / ((186.592 + 175.733) / 2 )
=1144.68 / 181.1625
=6.32

Variman Global Enterprises'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 )
=370.878 / ((0 + 175.733) / 1 )
=370.878 / 175.733
=2.11

* 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 2.11 mean?
Variman Global Enterprises (BOM:540570) has a Inventory Turnover of 2.11 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Variman Global Enterprises and its competitors.
Is Variman Global Enterprises' Inventory Turnover too high?
Variman Global Enterprises' current Inventory Turnover is 2.11. Overall, Variman Global Enterprises has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Variman Global Enterprises' Inventory Turnover compare to QH and SHOP?
Variman Global Enterprises' Inventory Turnover of 2.11 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Variman Global Enterprises and its competitors. Variman Global Enterprises's current Inventory Turnover is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Variman Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Variman Global Enterprises (BOM:540570) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹16.52, compared to a current price of ₹5.23 — trading 68.3% below its estimated fair value. The current Inventory Turnover is 2.11. Variman Global Enterprises' overall GF Score™ is 65/100 with 4 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 Variman Global Enterprises (BOM:540570), the current Inventory Turnover is 2.11 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 Variman Global Enterprises (BOM:540570) Overvalued in 2026?

Based on GuruFocus' analysis, Variman Global Enterprises stock appears to be undervalued. The current stock price of ₹5.23 is trading 68.3% below its estimated GF Value™ of ₹16.52. GuruFocus considers Variman Global Enterprises to be Significantly Undervalued.

Key valuation signals for BOM:540570:

  • Inventory Turnover: 2.11
  • GF Value™: ₹16.52 vs. price of ₹5.23 (68.3% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the BOM:540570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Variman Global Enterprises Business Description

Address Gagan Mahal, 3rd & 4th Floor, 1-2- 217/10, Domalguda, Hyderabad, TG, IND, 500029
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market developments and continuous improvements through agility. The Company acts as a strategic link between vendors to partners and clients, thus readying them for unprecedented levels of business performance by catering to SOHO, SMB, Mid size, Large Enterprises and Government Organizations across various industry verticals.
65GF Score

Get the complete analysis for BOM:540570

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

₹5.23
Price
₹16.52
GF Value