Advance Technoforge (BOM:544843) Inventory Turnover: 3.42 (As of Mar. 2026)

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BOM:544843 Advance Technoforge Ltd BOM:544843
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What is Advance Technoforge Inventory Turnover?

Advance Technoforge BOM:544843 +4.17% 11 Inventory Turnover is 3.42 as of Mar. 2026. GuruFocus rates BOM:544843 with a GF Score™ of 11/100. 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. Advance Technoforge's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹351.8 Mil. Advance Technoforge's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹103.0 Mil. Advance Technoforge's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advance Technoforge's Days Inventory for the six months ended in Mar. 2026 was 53.44.

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. Advance Technoforge's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.21.

Advance Technoforge  (BOM:544843) 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.

Advance Technoforge'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
=103.0245/351.844*365 / 2
=53.44

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.

Advance Technoforge'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 )
=103.0245 / 499.594
=0.21

* 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.

Advance Technoforge Inventory Turnover Related Terms

Advance Technoforge Inventory Turnover Historical Data

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The historical data trend for Advance Technoforge'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.

Advance Technoforge Inventory Turnover Chart

Advance Technoforge Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
5.84 5.79 4.78 3.42

Advance Technoforge Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Inventory Turnover 5.84 5.79 4.78 3.42
BOM:544843
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Advance Technoforge Ltd BOM:544843
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Advance Technoforge Inventory Turnover Calculation

Advance Technoforge'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 )
=351.844 / ((80.794 + 125.255) / 2 )
=351.844 / 103.0245
=3.42

Advance Technoforge'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 )
=351.844 / ((80.794 + 125.255) / 2 )
=351.844 / 103.0245
=3.42

* 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 3.42 mean?
Advance Technoforge (BOM:544843) has a Inventory Turnover of 3.42 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Advance Technoforge and its competitors.
Is Advance Technoforge's Inventory Turnover too high?
Advance Technoforge's current Inventory Turnover is 3.42. Overall, Advance Technoforge has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Advance Technoforge's Inventory Turnover compare to ATI and CRS?
Advance Technoforge's Inventory Turnover of 3.42 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 Advance Technoforge and its competitors. Advance Technoforge's current Inventory Turnover is 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Technoforge stock overvalued right now?
Advance Technoforge (BOM:544843) has a current Inventory Turnover of 3.42. The current Inventory Turnover is 3.42. Advance Technoforge's overall GF Score™ is 11/100 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 Advance Technoforge (BOM:544843), the current Inventory Turnover is 3.42 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.

Advance Technoforge Business Description

Address At. & Po. Padavala Road, Survey No. 121, Plot No.1 to 6, Opposite Eaterflow Piping System, Veraval Shapar Industrial Area, Lodhika, Rajkot, GJ, IND, 360024
Advance Technoforge Ltd is engaged in the manufacturing of forged steel machined components of Carbon Steel, Alloy Steel, and Stainless Steel, specializing in Closed Die Forging, Upset Forging and Ring Rolling Forging in both rough and precision machined conditions. The company supplies these products to automotive, General engineering, oil & gas, Earth Moving and heavy machinery industries. The majority of its revenue is derived from the sale of its products in India.
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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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