Highway Infrastructure (BOM:544477) Inventory Turnover: 2.81 (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:544477 Highway Infrastructure Ltd BOM:544477
18 GF Score
Price ₹45.01
! 4 Warning Signs
View Full Analysis

What is Highway Infrastructure Inventory Turnover?

Highway Infrastructure BOM:544477 -0.46% 18 Inventory Turnover is 2.81 as of Mar. 2026. GuruFocus rates BOM:544477 with a GF Score™ of 18/100. 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. Highway Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,537 Mil. Highway Infrastructure's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹903 Mil. Highway Infrastructure's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Highway Infrastructure's Days Inventory for the three months ended in Mar. 2026 was 32.49.

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. Highway Infrastructure's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.33.


Highway Infrastructure  (BOM:544477) 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.

Highway Infrastructure's Days Inventory for the three 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
=903.22/2536.65*365 / 4
=32.49

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.

Highway Infrastructure'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 )
=903.22 / 2746.25
=0.33

* 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.


Highway Infrastructure Inventory Turnover Related Terms


Highway Infrastructure Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Highway Infrastructure'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.

Highway Infrastructure Inventory Turnover Chart

Highway Infrastructure Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
5.34 6.78 7.94 5.74 6.29

Highway Infrastructure Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.30 1.12 1.07 1.30 2.81
BOM:544477
18GF Score
Highway Infrastructure Ltd BOM:544477
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highway Infrastructure Inventory Turnover Calculation

Highway Infrastructure'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 )
=5564.55 / ((866.02 + 903.22) / 2 )
=5564.55 / 884.62
=6.29

Highway Infrastructure'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=2536.65 / ((0 + 903.22) / 1 )
=2536.65 / 903.22
=2.81

* 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 2.81 mean?
Highway Infrastructure (BOM:544477) has a Inventory Turnover of 2.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Highway Infrastructure and its competitors.
Is Highway Infrastructure's Inventory Turnover too high?
Highway Infrastructure's current Inventory Turnover is 2.81. Overall, Highway Infrastructure has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highway Infrastructure's Inventory Turnover compare to competitors?
Highway Infrastructure's Inventory Turnover of 2.81 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Highway Infrastructure and its competitors. Highway Infrastructure's current Inventory Turnover is 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Infrastructure stock overvalued right now?
Highway Infrastructure (BOM:544477) has a current Inventory Turnover of 2.81. The current Inventory Turnover is 2.81. Highway Infrastructure's overall GF Score™ is 18/100 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 Highway Infrastructure (BOM:544477), the current Inventory Turnover is 2.81 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.

Highway Infrastructure Business Description

Other Exchanges HILINFRA:India
Address Ring Road, 57-FA, Scheme No. 94, Pipliyahana Junction, Indore, MP, IND, 452016
Highway Infrastructure Ltd is an infrastructure development and management Company. It is engaged in the business of tollway collection, EPC Infra and real estate business. It is one of the few toll operators who have managed tollway collection based on ANPR technology on Delhi-Meerut Expressway. The Company has operated tolls on some of the known inter-state and intra-state expressways across 11 states and one Union Territory.
18GF Score

Get the complete analysis for BOM:544477

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

₹45.01
Price