Shanti Spintex (BOM:544059) Inventory Turnover: 20.83 (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:544059 Shanti Spintex Ltd BOM:544059
43 GF Score
Price ₹36.55
! 5 Warning Signs
View Full Analysis

What is Shanti Spintex Inventory Turnover?

Shanti Spintex BOM:544059 43 Inventory Turnover is 20.83 as of Mar. 2026. GuruFocus rates BOM:544059 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. Shanti Spintex's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹3,114 Mil. Shanti Spintex's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹149 Mil. Shanti Spintex's Inventory Turnover for the quarter that ended in Mar. 2026 was 20.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanti Spintex's Days Inventory for the six months ended in Mar. 2026 was 8.76.

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. Shanti Spintex's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.05.


Shanti Spintex  (BOM:544059) 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.

Shanti Spintex'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
=149.45/3113.548*365 / 2
=8.76

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.

Shanti Spintex'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 )
=149.45 / 3217.323
=0.05

* 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.


Shanti Spintex Inventory Turnover Related Terms


Shanti Spintex Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shanti Spintex'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.

Shanti Spintex Inventory Turnover Chart

Shanti Spintex Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 47.39 26.82 25.57 34.15 41.09

Shanti Spintex Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 17.02 16.23 15.91 17.88 20.83
BOM:544059
43GF Score
Shanti Spintex Ltd BOM:544059
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanti Spintex Inventory Turnover Calculation

Shanti Spintex'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 )
=6734.86 / ((216.988 + 110.835) / 2 )
=6734.86 / 163.9115
=41.09

Shanti Spintex'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 )
=3113.548 / ((188.065 + 110.835) / 2 )
=3113.548 / 149.45
=20.83

* 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 20.83 mean?
Shanti Spintex (BOM:544059) has a Inventory Turnover of 20.83 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shanti Spintex and its competitors.
Is Shanti Spintex's Inventory Turnover too high?
Shanti Spintex's current Inventory Turnover is 20.83. Overall, Shanti Spintex has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's Inventory Turnover compare to competitors?
Shanti Spintex's Inventory Turnover of 20.83 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Shanti Spintex and its competitors. Shanti Spintex's current Inventory Turnover is 20.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current Inventory Turnover of 20.83. The current Inventory Turnover is 20.83. Shanti Spintex'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 Shanti Spintex (BOM:544059), the current Inventory Turnover is 20.83 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.

Shanti Spintex Business Description

Address Ambli Bopal Road, A -1601, Navratna Corporate Park, Ahmedabad, GJ, IND, 380058
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
43GF Score

Get the complete analysis for BOM:544059

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

₹36.55
Price