Elfin Agro India (BOM:544724) Inventory Turnover: 10.16 (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:544724 Elfin Agro India Ltd BOM:544724
19 GF Score
Price ₹81.00
! 4 Warning Signs
View Full Analysis

What is Elfin Agro India Inventory Turnover?

Elfin Agro India BOM:544724 -0.18% 19 Inventory Turnover is 10.16 as of Mar. 2026. GuruFocus rates BOM:544724 with a GF Score™ of 19/100. 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. Elfin Agro India's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,626 Mil. Elfin Agro India's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹160 Mil. Elfin Agro India's Inventory Turnover for the quarter that ended in Mar. 2026 was 10.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elfin Agro India's Days Inventory for the six months ended in Mar. 2026 was 17.97.

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. Elfin Agro India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.09.


Elfin Agro India  (BOM:544724) 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.

Elfin Agro India'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
=160.0425/1625.724*365 / 2
=17.97

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.

Elfin Agro India'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 )
=160.0425 / 1767.767
=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.


Elfin Agro India Inventory Turnover Related Terms


Elfin Agro India Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Elfin Agro India'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.

Elfin Agro India Inventory Turnover Chart

Elfin Agro India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
15.86 18.10 15.04 10.16

Elfin Agro India Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Inventory Turnover 15.86 18.10 15.04 10.16
BOM:544724
19GF Score
Elfin Agro India Ltd BOM:544724
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elfin Agro India Inventory Turnover Calculation

Elfin Agro India'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 )
=1625.724 / ((111.133 + 208.952) / 2 )
=1625.724 / 160.0425
=10.16

Elfin Agro India'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1625.724 / ((111.133 + 208.952) / 2 )
=1625.724 / 160.0425
=10.16

* 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 10.16 mean?
Elfin Agro India (BOM:544724) has a Inventory Turnover of 10.16 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Elfin Agro India and its competitors.
Is Elfin Agro India's Inventory Turnover too high?
Elfin Agro India's current Inventory Turnover is 10.16. Overall, Elfin Agro India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Elfin Agro India's Inventory Turnover compare to KHC and GIS?
Elfin Agro India's Inventory Turnover of 10.16 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Elfin Agro India and its competitors. Elfin Agro India's current Inventory Turnover is 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elfin Agro India stock overvalued right now?
Elfin Agro India (BOM:544724) has a current Inventory Turnover of 10.16. The current Inventory Turnover is 10.16. Elfin Agro India's overall GF Score™ is 19/100 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 Elfin Agro India (BOM:544724), the current Inventory Turnover is 10.16 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.

Elfin Agro India Business Description

Elfin Agro India Ltd is engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil. The company sells processed wheat flour under the brands "Shiv Nandi" and "ELFIN'S Shri Shyam BHOG" to wholesalers and retailers. It is also engaged in the extraction, filtering and manufacturing of Edible mustard oil from raw mustard seeds. The company also engage in the trading of certain agro-products, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc. The company's majority of revenue is derived from the sale of its products, mainly Maida.
19GF Score

Get the complete analysis for BOM:544724

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

₹81.00
Price