Avax Apparels And Ornaments (BOM:544337) Inventory Turnover: 6.70 (As of Mar. 2026)


BOM:544337 Avax Apparels And Ornaments Ltd BOM:544337
18 GF Score
Price ₹52.00
! 6 Warning Signs
View Full Analysis

What is Avax Apparels And Ornaments Inventory Turnover?

Avax Apparels And Ornaments BOM:544337 -2.18% 18 Inventory Turnover is 6.70 as of Mar. 2026. GuruFocus rates BOM:544337 with a GF Score™ of 18/100. The stock has 6 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. Avax Apparels And Ornaments's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹180.2 Mil. Avax Apparels And Ornaments's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹26.9 Mil. Avax Apparels And Ornaments's Inventory Turnover for the quarter that ended in Mar. 2026 was 6.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avax Apparels And Ornaments's Days Inventory for the six months ended in Mar. 2026 was 27.25.

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. Avax Apparels And Ornaments's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.

Avax Apparels And Ornaments  (BOM:544337) 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.

Avax Apparels And Ornaments'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
=26.907/180.195*365 / 2
=27.25

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.

Avax Apparels And Ornaments'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 )
=26.907 / 213.278
=0.13

* 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.

Avax Apparels And Ornaments Inventory Turnover Related Terms

Avax Apparels And Ornaments Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Avax Apparels And Ornaments'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.

Avax Apparels And Ornaments Inventory Turnover Chart

Avax Apparels And Ornaments Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 0.00 21.14 36.53 75.11 21.39

Avax Apparels And Ornaments Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 0.00 9.86 13.81 12.85 6.70
BOM:544337
18GF Score
Avax Apparels And Ornaments Ltd BOM:544337
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avax Apparels And Ornaments Inventory Turnover Calculation

Avax Apparels And Ornaments'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 )
=357.911 / ((3.658 + 29.806) / 2 )
=357.911 / 16.732
=21.39

Avax Apparels And Ornaments'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 )
=180.195 / ((24.008 + 29.806) / 2 )
=180.195 / 26.907
=6.70

* 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 6.70 mean?
Avax Apparels And Ornaments (BOM:544337) has a Inventory Turnover of 6.70 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avax Apparels And Ornaments and its competitors.
Is Avax Apparels And Ornaments' Inventory Turnover too high?
Avax Apparels And Ornaments' current Inventory Turnover is 6.70. Overall, Avax Apparels And Ornaments has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Avax Apparels And Ornaments' Inventory Turnover compare to RL and LEVI?
Avax Apparels And Ornaments' Inventory Turnover of 6.70 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 Avax Apparels And Ornaments and its competitors. Avax Apparels And Ornaments's current Inventory Turnover is 6.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avax Apparels And Ornaments stock overvalued right now?
Avax Apparels And Ornaments (BOM:544337) has a current Inventory Turnover of 6.70. The current Inventory Turnover is 6.70. Avax Apparels And Ornaments' overall GF Score™ is 18/100 with 6 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 Avax Apparels And Ornaments (BOM:544337), the current Inventory Turnover is 6.70 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.

Avax Apparels And Ornaments Business Description

Address 611, Jaina Tower ll, 6th floor, District center, Janakpuri, West Delhi, Delhi, IND, 110058
Avax Apparels And Ornaments Ltd engages in two distinct lines of business: Wholesale trading and Online retail of silver ornaments. Wholesale trading engages in the trading of knitted cloth. The company buys from manufacturers and supplies wholesale to companies and readymade garment manufacturers in Punjab. The company specializes in knitted cloth, which is used for manufacturing ladies' and gents' jackets. Online retail silver ornaments business which includes a range of designs and articles with a choice of the weight of products. The company has two segments namely; Knitted Clothes and Online Retail Sale - silver ornament. The company generates the majority of its revenue from the Knitted Clothes segment.
18GF Score

Get the complete analysis for BOM:544337

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

₹52.00
Price