GRE Renew Enertech (BOM:544682) Inventory Turnover: 7.76 (As of Mar. 2026)

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BOM:544682 GRE Renew Enertech Ltd BOM:544682
21 GF Score
Price ₹177.65
! 4 Warning Signs
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What is GRE Renew Enertech Inventory Turnover?

GRE Renew Enertech BOM:544682 -5.00% 21 Inventory Turnover is 7.76 as of Mar. 2026. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. 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. GRE Renew Enertech's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹539 Mil. GRE Renew Enertech's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹69 Mil. GRE Renew Enertech's Inventory Turnover for the quarter that ended in Mar. 2026 was 7.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GRE Renew Enertech's Days Inventory for the six months ended in Mar. 2026 was 23.52.

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. GRE Renew Enertech's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.09.


GRE Renew Enertech  (BOM:544682) 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.

GRE Renew Enertech'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
=69.4425/538.745*365 / 2
=23.52

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.

GRE Renew Enertech'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 )
=69.4425 / 791.172
=0.09

* 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.


GRE Renew Enertech Inventory Turnover Related Terms


GRE Renew Enertech Inventory Turnover Historical Data

* Premium members only.

The historical data trend for GRE Renew Enertech'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.

GRE Renew Enertech Inventory Turnover Chart

GRE Renew Enertech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
11.28 16.66 14.14 10.57

GRE Renew Enertech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Inventory Turnover 0.00 0.00 7.30 10.56 7.76
BOM:544682
21GF Score
GRE Renew Enertech Ltd BOM:544682
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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GRE Renew Enertech Inventory Turnover Calculation

GRE Renew Enertech'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 )
=831.955 / ((42.088 + 115.296) / 2 )
=831.955 / 78.692
=10.57

GRE Renew Enertech'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 )
=538.745 / ((23.589 + 115.296) / 2 )
=538.745 / 69.4425
=7.76

* 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 7.76 mean?
GRE Renew Enertech (BOM:544682) has a Inventory Turnover of 7.76 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on GRE Renew Enertech and its competitors.
Is GRE Renew Enertech's Inventory Turnover too high?
GRE Renew Enertech's current Inventory Turnover is 7.76. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's Inventory Turnover compare to FSLR and NXT?
GRE Renew Enertech's Inventory Turnover of 7.76 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 GRE Renew Enertech and its competitors. GRE Renew Enertech's current Inventory Turnover is 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current Inventory Turnover of 7.76. The current Inventory Turnover is 7.76. GRE Renew Enertech's overall GF Score™ is 21/100 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 GRE Renew Enertech (BOM:544682), the current Inventory Turnover is 7.76 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.

GRE Renew Enertech Business Description

Address Science City Road, B-1104/1105, Empire Business Hub, Near Shukan Mall, Sola, Ahmedabad, GJ, IND, 380060
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF 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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