Seemax Resources (BOM:544813) Inventory Turnover: 4.03 (As of Mar. 2025)

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BOM:544813 Seemax Resources Ltd BOM:544813
19 GF Score
Price ₹52.74
! 4 Warning Signs
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What is Seemax Resources Inventory Turnover?

Seemax Resources BOM:544813 -1.79% 19 Inventory Turnover is 4.03 as of Mar. 2025. GuruFocus rates BOM:544813 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. Seemax Resources's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹21.7 Mil. Seemax Resources's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹5.4 Mil. Seemax Resources's Inventory Turnover for the quarter that ended in Mar. 2025 was 4.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seemax Resources's Days Inventory for the six months ended in Mar. 2025 was 45.24.

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. Seemax Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.04.

Seemax Resources  (BOM:544813) 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.

Seemax Resources's Days Inventory for the six months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=5.374/21.679*365 / 2
=45.24

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.

Seemax Resources's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=5.374 / 144.186
=0.04

* 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.

Seemax Resources Inventory Turnover Related Terms

Seemax Resources Inventory Turnover Historical Data

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The historical data trend for Seemax Resources'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.

Seemax Resources Inventory Turnover Chart

Seemax Resources Annual Data
Trend Mar23 Mar24 Mar25
Inventory Turnover
88.18 3.95 4.03

Seemax Resources Semi-Annual Data
Mar23 Mar24 Mar25
Inventory Turnover 88.18 3.95 4.03
BOM:544813
19GF Score
Seemax Resources Ltd BOM:544813
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Seemax Resources Inventory Turnover Calculation

Seemax Resources's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=21.679 / ((5.942 + 4.806) / 2 )
=21.679 / 5.374
=4.03

Seemax Resources's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=21.679 / ((5.942 + 4.806) / 2 )
=21.679 / 5.374
=4.03

* 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 4.03 mean?
Seemax Resources (BOM:544813) has a Inventory Turnover of 4.03 as of Mar. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Seemax Resources and its competitors.
Is Seemax Resources' Inventory Turnover too high?
Seemax Resources' current Inventory Turnover is 4.03. Overall, Seemax Resources has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Seemax Resources' Inventory Turnover compare to URI and SUNB?
Seemax Resources' Inventory Turnover of 4.03 can be compared against companies in the Business Services 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 Business Services company?
A good Inventory Turnover depends on the Business Services 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 Seemax Resources and its competitors. Seemax Resources's current Inventory Turnover is 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seemax Resources stock overvalued right now?
Seemax Resources (BOM:544813) has a current Inventory Turnover of 4.03. The current Inventory Turnover is 4.03. Seemax Resources' 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 Seemax Resources (BOM:544813), the current Inventory Turnover is 4.03 as of Mar. 2025. 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.

Seemax Resources Business Description

Address 403, Mayfair Corporate Park, Behind DPS School, Kalali, Vadodara, GJ, IND, 390012
Seemax Resources Ltd is engaged in the supply and service of Material Handling Equipment (MHE). It provides rental solutions for material handling equipment (MHE), along with maintenance services and operator support. Its equipment portfolio includes battery forklifts, diesel forklifts, Hydra cranes, battery-operated pallet trucks (BOPT), and reach trucks. The company serves customers across sectors including manufacturing, warehousing, logistics, ports, construction, and industrial infrastructure. Additionally, it is engaged in the trading of Material Handling Equipment (MHE). The majority of revenue is derived from the provision of Sale of Services - Renting Income.
19GF 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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