Millworks Technologies (BOM:544826) Inventory Turnover: 9.02 (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:544826 Millworks Technologies Ltd BOM:544826
22 GF Score
Price ₹1,170.20
! 4 Warning Signs
View Full Analysis

What is Millworks Technologies Inventory Turnover?

Millworks Technologies BOM:544826 +4.33% 22 Inventory Turnover is 9.02 as of Mar. 2026. GuruFocus rates BOM:544826 with a GF Score™ of 22/100. 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. Millworks Technologies's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹856 Mil. Millworks Technologies's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹95 Mil. Millworks Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 was 9.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Millworks Technologies's Days Inventory for the six months ended in Mar. 2026 was 20.23.

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. Millworks Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.


Millworks Technologies  (BOM:544826) 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.

Millworks Technologies'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
=94.89/855.878*365 / 2
=20.23

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.

Millworks Technologies'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 )
=94.89 / 1487.331
=0.06

* 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.


Millworks Technologies Inventory Turnover Related Terms


Millworks Technologies Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Millworks Technologies'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.

Millworks Technologies Inventory Turnover Chart

Millworks Technologies Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
0.70 1.70 1.79 9.02

Millworks Technologies Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Inventory Turnover 0.70 1.70 1.79 9.02
BOM:544826
22GF Score
Millworks Technologies Ltd BOM:544826
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millworks Technologies Inventory Turnover Calculation

Millworks Technologies'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 )
=855.878 / ((75.12 + 114.66) / 2 )
=855.878 / 94.89
=9.02

Millworks Technologies'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 )
=855.878 / ((75.12 + 114.66) / 2 )
=855.878 / 94.89
=9.02

* 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 9.02 mean?
Millworks Technologies (BOM:544826) has a Inventory Turnover of 9.02 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Millworks Technologies and its competitors.
Is Millworks Technologies' Inventory Turnover too high?
Millworks Technologies' current Inventory Turnover is 9.02. Overall, Millworks Technologies has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Millworks Technologies' Inventory Turnover compare to ATI and CRS?
Millworks Technologies' Inventory Turnover of 9.02 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Millworks Technologies and its competitors. Millworks Technologies's current Inventory Turnover is 9.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millworks Technologies stock overvalued right now?
Millworks Technologies (BOM:544826) has a current Inventory Turnover of 9.02. The current Inventory Turnover is 9.02. Millworks Technologies' overall GF Score™ is 22/100 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 Millworks Technologies (BOM:544826), the current Inventory Turnover is 9.02 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.

Millworks Technologies Business Description

Address No.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Near Brundavan Bus Stop, Peenya Small Industries, Bangalore north, Bangalore, KA, IND, 560058
Millworks Technologies Ltd is a precision engineering company engaged in the manufacture of machined components, sheet metal parts, and integrated assemblies used in applications across the railways, aerospace, defence, and semiconductor sectors. Its product offerings include various Aero Engine Parts, Train Door Parts, Automation Machinery, etc. The majority of revenue is derived from the sale of its products to the Defence sector.
22GF Score

Get the complete analysis for BOM:544826

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

₹1,170.20
Price