Mehul Colours (BOM:544472) Inventory Turnover: 4.40 (As of Mar. 2026)

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BOM:544472 Mehul Colours Ltd BOM:544472
22 GF Score
Price ₹55.00
! 4 Warning Signs
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What is Mehul Colours Inventory Turnover?

Mehul Colours BOM:544472 +3.77% 22 Inventory Turnover is 4.40 as of Mar. 2026. GuruFocus rates BOM:544472 with a GF Score™ of 22/100. 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. Mehul Colours's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹101.6 Mil. Mehul Colours's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹23.1 Mil. Mehul Colours's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mehul Colours's Days Inventory for the six months ended in Mar. 2026 was 41.50.

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. Mehul Colours's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.14.

Mehul Colours  (BOM:544472) 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.

Mehul Colours'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
=23.0945/101.562*365 / 2
=41.50

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.

Mehul Colours'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 )
=23.0945 / 161.892
=0.14

* 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.

Mehul Colours Inventory Turnover Related Terms

Mehul Colours Inventory Turnover Historical Data

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The historical data trend for Mehul Colours'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.

Mehul Colours Inventory Turnover Chart

Mehul Colours Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
13.82 9.78 8.09 5.22 7.92

Mehul Colours Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 0.00 2.54 2.63 3.37 4.40
BOM:544472
22GF Score
Mehul Colours Ltd BOM:544472
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mehul Colours Inventory Turnover Calculation

Mehul Colours'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 )
=175.056 / ((20.816 + 23.385) / 2 )
=175.056 / 22.1005
=7.92

Mehul Colours'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 )
=101.562 / ((22.804 + 23.385) / 2 )
=101.562 / 23.0945
=4.40

* 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 4.40 mean?
Mehul Colours (BOM:544472) has a Inventory Turnover of 4.40 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mehul Colours and its competitors.
Is Mehul Colours' Inventory Turnover too high?
Mehul Colours' current Inventory Turnover is 4.40. Overall, Mehul Colours has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Mehul Colours' Inventory Turnover compare to LIN and SHW?
Mehul Colours' Inventory Turnover of 4.40 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Mehul Colours and its competitors. Mehul Colours's current Inventory Turnover is 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mehul Colours stock overvalued right now?
Mehul Colours (BOM:544472) has a current Inventory Turnover of 4.40. The current Inventory Turnover is 4.40. Mehul Colours' overall GF Score™ is 22/100 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 Mehul Colours (BOM:544472), the current Inventory Turnover is 4.40 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.

Mehul Colours Business Description

Address Link Road, Chincholi Bunder Road, Unit No - A 305,306, Kemp Plaza, Mind Space, Near Evershine Mall, Malad West, Mumbai, MH, IND, 400064
Mehul Colours Ltd is engaged in the manufacturing of masterbatches, which are used in the plastics industry to impart colour and enhance the functional properties of plastic products. Masterbatches are concentrated mixtures of pigments and additives that are uniformly dispersed in polymer carriers, facilitating the effective integration of colour and performance-enhancing properties into plastic products. In addition to manufacturing masterbatches, it is also engaged in the sale of pigments, which are blended by the company to create customized pigment solutions tailored to specific industry and customer requirements.
22GF 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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