Merritronix (BOM:544773) Inventory Turnover: 1.30 (As of Mar. 2026)

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BOM:544773 Merritronix Ltd BOM:544773
19 GF Score
Price ₹336.15
! 3 Warning Signs
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What is Merritronix Inventory Turnover?

Merritronix BOM:544773 -0.44% 19 Inventory Turnover is 1.30 as of Mar. 2026. GuruFocus rates BOM:544773 with a GF Score™ of 19/100. The stock has 3 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. Merritronix's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹782 Mil. Merritronix's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹602 Mil. Merritronix's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Merritronix's Days Inventory for the six months ended in Mar. 2026 was 140.42.

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. Merritronix's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.60.


Merritronix  (BOM:544773) 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.

Merritronix'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
=601.7105/782.007*365 / 2
=140.42

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.

Merritronix'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 )
=601.7105 / 999.487
=0.60

* 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.


Merritronix Inventory Turnover Related Terms


Merritronix Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Merritronix'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.

Merritronix Inventory Turnover Chart

Merritronix Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
4.93 3.51 2.58 2.24

Merritronix Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Inventory Turnover 0.00 0.00 0.00 1.04 1.30
BOM:544773
19GF Score
Merritronix Ltd BOM:544773
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Merritronix Inventory Turnover Calculation

Merritronix'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 )
=1241.776 / ((396.862 + 713.076) / 2 )
=1241.776 / 554.969
=2.24

Merritronix'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 )
=782.007 / ((490.345 + 713.076) / 2 )
=782.007 / 601.7105
=1.30

* 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 1.30 mean?
Merritronix (BOM:544773) has a Inventory Turnover of 1.30 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Merritronix and its competitors.
Is Merritronix's Inventory Turnover too high?
Merritronix's current Inventory Turnover is 1.30. Overall, Merritronix has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Merritronix's Inventory Turnover compare to APH and GLW?
Merritronix's Inventory Turnover of 1.30 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Merritronix and its competitors. Merritronix's current Inventory Turnover is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merritronix stock overvalued right now?
Merritronix (BOM:544773) has a current Inventory Turnover of 1.30. The current Inventory Turnover is 1.30. Merritronix's overall GF Score™ is 19/100 with 3 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 Merritronix (BOM:544773), the current Inventory Turnover is 1.30 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.

Merritronix Business Description

Address C-22, Electronic Complex, Kushaiguda, Hyderabad, TG, IND, 500062
Merritronix Ltd operates as an electronics manufacturing services (EMS) provider in India. It is engaged in the business of manufacturing and assembly of electronic components, including engineering design and development services. The company's offerings include electronic manufacturing services, encompassing component sourcing, printed circuit board ("PCB") assembly, system integration, testing, box-build solutions and delivery of finished electronic products. It serves various industries, including defence, aerospace, industrial electronics, and scientific research sectors. The company derives the majority of its revenue from the sale of its products in India.
19GF Score

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

₹336.15
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