Siyaram Recycling Industries (BOM:544047) Inventory Turnover: 0.65 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544047 Siyaram Recycling Industries Ltd BOM:544047
37 GF Score
Price ₹39.09
! 9 Warning Signs
View Full Analysis

What is Siyaram Recycling Industries Inventory Turnover?

Siyaram Recycling Industries BOM:544047 +1.30% 37 Inventory Turnover is 0.65 as of Mar. 2026. GuruFocus rates BOM:544047 with a GF Score™ of 37/100. The stock has 9 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. Siyaram Recycling Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,345 Mil. Siyaram Recycling Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹2,072 Mil. Siyaram Recycling Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Siyaram Recycling Industries's Days Inventory for the six months ended in Mar. 2026 was 281.07.

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. Siyaram Recycling Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.38.


Siyaram Recycling Industries  (BOM:544047) 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.

Siyaram Recycling Industries's Days Inventory for the six 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
=2072.0045/1345.346*365 / 2
=281.07

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.

Siyaram Recycling Industries'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 )
=2072.0045 / 1498.398
=1.38

* 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.


Siyaram Recycling Industries Inventory Turnover Related Terms


Siyaram Recycling Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Siyaram Recycling Industries'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.

Siyaram Recycling Industries Inventory Turnover Chart

Siyaram Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 8.68 7.34 3.91 2.85 1.63

Siyaram Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 1.77 1.55 1.31 0.95 0.65
BOM:544047
37GF Score
Siyaram Recycling Industries Ltd BOM:544047
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siyaram Recycling Industries Inventory Turnover Calculation

Siyaram Recycling Industries'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 )
=3293.287 / ((2006.728 + 2038.599) / 2 )
=3293.287 / 2022.6635
=1.63

Siyaram Recycling Industries'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1345.346 / ((2105.41 + 2038.599) / 2 )
=1345.346 / 2072.0045
=0.65

* 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 0.65 mean?
Siyaram Recycling Industries (BOM:544047) has a Inventory Turnover of 0.65 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Siyaram Recycling Industries and its competitors.
Is Siyaram Recycling Industries' Inventory Turnover too high?
Siyaram Recycling Industries' current Inventory Turnover is 0.65. Overall, Siyaram Recycling Industries has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Siyaram Recycling Industries' Inventory Turnover compare to CRS and ATI?
Siyaram Recycling Industries' Inventory Turnover of 0.65 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Siyaram Recycling Industries and its competitors. Siyaram Recycling Industries's current Inventory Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Recycling Industries stock overvalued right now?
Siyaram Recycling Industries (BOM:544047) has a current Inventory Turnover of 0.65. The current Inventory Turnover is 0.65. Siyaram Recycling Industries' overall GF Score™ is 37/100 with 9 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 Siyaram Recycling Industries (BOM:544047), the current Inventory Turnover is 0.65 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.

Siyaram Recycling Industries Business Description

Address Plot No. 6 & 7, Village: Lakhabaval Post: Khodiyar Colony, Jamnagar, GJ, IND, 361006
Siyaram Recycling Industries Ltd is primarily engaged in the segregation of brass scrap, manufacturing of brass ingots, billets and brass rods and manufacturing of brass-based components such as plumbing and sanitary parts. The company also manufactures brass ingots, billets and rods through brass scrap and is mainly exported to China. Additionally, it supplies brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac. It procures brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done and is mainly sold by in Gujarat.
37GF Score

Get the complete analysis for BOM:544047

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

₹39.09
Price