Ashapuri Gold Ornament (BOM:542579) Inventory Turnover: 0.51 (As of Mar. 2026)

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BOM:542579 Ashapuri Gold Ornament Ltd BOM:542579
77 GF Score
Price ₹3.99
GF Value ₹12.56
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ashapuri Gold Ornament Inventory Turnover?

Ashapuri Gold Ornament BOM:542579 +0.25% 77 Inventory Turnover is 0.51 as of Mar. 2026. GuruFocus rates BOM:542579 with a GF Score™ of 77/100 and a GF Value™ of ₹12.56 (Significantly Undervalued). The stock has 2 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. Ashapuri Gold Ornament's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹632 Mil. Ashapuri Gold Ornament's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,242 Mil. Ashapuri Gold Ornament's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ashapuri Gold Ornament's Days Inventory for the three months ended in Mar. 2026 was 179.22.

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. Ashapuri Gold Ornament's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.76.


Ashapuri Gold Ornament  (BOM:542579) 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.

Ashapuri Gold Ornament'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
=1241.691/632.209*365 / 4
=179.22

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.

Ashapuri Gold Ornament'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 )
=1241.691 / 706.067
=1.76

* 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.


Ashapuri Gold Ornament Inventory Turnover Related Terms


Ashapuri Gold Ornament Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ashapuri Gold Ornament'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.

Ashapuri Gold Ornament Inventory Turnover Chart

Ashapuri Gold Ornament 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 3.45 2.53 2.51 3.55 2.32

Ashapuri Gold Ornament 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 0.73 0.41 0.98 0.96 0.51
BOM:542579
77GF Score
Ashapuri Gold Ornament Ltd BOM:542579
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashapuri Gold Ornament Inventory Turnover Calculation

Ashapuri Gold Ornament'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 )
=2677.216 / ((1065.266 + 1241.691) / 2 )
=2677.216 / 1153.4785
=2.32

Ashapuri Gold Ornament'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 )
=632.209 / ((0 + 1241.691) / 1 )
=632.209 / 1241.691
=0.51

* 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 0.51 mean?
Ashapuri Gold Ornament (BOM:542579) has a Inventory Turnover of 0.51 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ashapuri Gold Ornament and its competitors.
Is Ashapuri Gold Ornament's Inventory Turnover too high?
Ashapuri Gold Ornament's current Inventory Turnover is 0.51. Overall, Ashapuri Gold Ornament has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashapuri Gold Ornament's Inventory Turnover compare to TPR?
Ashapuri Gold Ornament's Inventory Turnover of 0.51 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Ashapuri Gold Ornament and its competitors. Ashapuri Gold Ornament's current Inventory Turnover is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapuri Gold Ornament stock overvalued right now?
Based on GuruFocus' analysis, Ashapuri Gold Ornament (BOM:542579) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹12.56, compared to a current price of ₹3.99 — trading 68.2% below its estimated fair value. The current Inventory Turnover is 0.51. Ashapuri Gold Ornament's overall GF Score™ is 77/100 with 2 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 Ashapuri Gold Ornament (BOM:542579), the current Inventory Turnover is 0.51 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 Ashapuri Gold Ornament (BOM:542579) Overvalued in 2026?

Based on GuruFocus' analysis, Ashapuri Gold Ornament stock appears to be undervalued. The current stock price of ₹3.99 is trading 68.2% below its estimated GF Value™ of ₹12.56. GuruFocus considers Ashapuri Gold Ornament to be Significantly Undervalued.

Key valuation signals for BOM:542579:

  • Inventory Turnover: 0.51
  • GF Value™: ₹12.56 vs. price of ₹3.99 (68.2% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the BOM:542579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashapuri Gold Ornament Business Description

Address C.G. Road, 109 to 112A, 1st Floor Supermall, Near Lal Bunglow, Ahmedabad, GJ, IND, 380009
Ashapuri Gold Ornament Ltd is a manufacturer and wholesaler of gold jewellery. It offers a wide range of jewellery products in 22-carat gold ornaments such as Choker Set, Toda Set, Long Set, Pota Jewellery, Saloya and Bracelet. In addition, it also offers Temple Collection, Moti Set, Bikaneri Meena and Rani Haar.
77GF Score

Get the complete analysis for BOM:542579

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

₹3.99
Price
₹12.56
GF Value