Kenrik Industries (BOM:544398) Inventory Turnover: 4.10 (As of Mar. 2026)

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BOM:544398 Kenrik Industries Ltd BOM:544398
15 GF Score
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What is Kenrik Industries Inventory Turnover?

Kenrik Industries BOM:544398 15 Inventory Turnover is 4.10 as of Mar. 2026. GuruFocus rates BOM:544398 with a GF Score™ of 15/100. 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. Kenrik Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹585.6 Mil. Kenrik Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹142.9 Mil. Kenrik Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kenrik Industries's Days Inventory for the six months ended in Mar. 2026 was 44.55.

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. Kenrik Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.

Kenrik Industries  (BOM:544398) 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.

Kenrik 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
=142.936/585.576*365 / 2
=44.55

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.

Kenrik 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 )
=142.936 / 580.62
=0.25

* 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.

Kenrik Industries Inventory Turnover Related Terms

Kenrik Industries Inventory Turnover Historical Data

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The historical data trend for Kenrik 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.

Kenrik Industries Inventory Turnover Chart

Kenrik Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
4.56 6.00 6.66 6.03 6.11

Kenrik Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 0.00 1.96 3.87 1.45 4.10
BOM:544398
15GF Score
Kenrik Industries Ltd BOM:544398
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenrik Industries Inventory Turnover Calculation

Kenrik 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 )
=797.35 / ((133.69 + 127.235) / 2 )
=797.35 / 130.4625
=6.11

Kenrik 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 )
=585.576 / ((158.637 + 127.235) / 2 )
=585.576 / 142.936
=4.10

* 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 4.10 mean?
Kenrik Industries (BOM:544398) has a Inventory Turnover of 4.10 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kenrik Industries and its competitors.
Is Kenrik Industries' Inventory Turnover too high?
Kenrik Industries' current Inventory Turnover is 4.10. Overall, Kenrik Industries has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Kenrik Industries' Inventory Turnover compare to TPR?
Kenrik Industries' Inventory Turnover of 4.10 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 Kenrik Industries and its competitors. Kenrik Industries's current Inventory Turnover is 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenrik Industries stock overvalued right now?
Kenrik Industries (BOM:544398) has a current Inventory Turnover of 4.10. The current Inventory Turnover is 4.10. Kenrik Industries' overall GF Score™ is 15/100 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 Kenrik Industries (BOM:544398), the current Inventory Turnover is 4.10 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.

Kenrik Industries Business Description

Address Near S P Ring Road, Ambli Road, B-306, East Face, Behind Maruti Suzuki Showroom, Ambli, Daskroi, Ahmedabad, GJ, IND, 380058
Kenrik Industries Ltd is focused on traditional Indian jewellery. Its products include handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, cubic zirconia, etc. Its product portfolio also includes rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery.
15GF Score

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

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