Manipal Health Enterprises (BOM:544847) Inventory Turnover: 23.97 (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:544847 Manipal Health Enterprises Ltd BOM:544847
13 GF Score
Price ₹771.85
! 1 Warning Sign
View Full Analysis

What is Manipal Health Enterprises Inventory Turnover?

Manipal Health Enterprises BOM:544847 -3.22% 13 Inventory Turnover is 23.97 as of Mar. 2026. GuruFocus rates BOM:544847 with a GF Score™ of 13/100. The stock has 1 warning sign 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. Manipal Health Enterprises's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹38,383 Mil. Manipal Health Enterprises's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,601 Mil. Manipal Health Enterprises's Inventory Turnover for the quarter that ended in Mar. 2026 was 23.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Manipal Health Enterprises's Days Inventory for the six months ended in Mar. 2026 was 7.61.

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. Manipal Health Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.


Manipal Health Enterprises  (BOM:544847) 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.

Manipal Health Enterprises'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
=1601.26/38382.89*365 / 2
=7.61

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.

Manipal Health Enterprises'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 )
=1601.26 / 109356.18
=0.01

* 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.


Manipal Health Enterprises Inventory Turnover Related Terms


Manipal Health Enterprises Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Manipal Health Enterprises'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.

Manipal Health Enterprises Inventory Turnover Chart

Manipal Health Enterprises Annual Data
Trend Mar24 Mar25 Mar26
Inventory Turnover
33.37 25.87 23.97

Manipal Health Enterprises Semi-Annual Data
Mar24 Mar25 Mar26
Inventory Turnover 33.37 25.87 23.97
BOM:544847
13GF Score
Manipal Health Enterprises Ltd BOM:544847
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manipal Health Enterprises Inventory Turnover Calculation

Manipal Health Enterprises'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 )
=38382.89 / ((1504.01 + 1698.51) / 2 )
=38382.89 / 1601.26
=23.97

Manipal Health Enterprises'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 )
=38382.89 / ((1504.01 + 1698.51) / 2 )
=38382.89 / 1601.26
=23.97

* 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 23.97 mean?
Manipal Health Enterprises (BOM:544847) has a Inventory Turnover of 23.97 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Manipal Health Enterprises and its competitors.
Is Manipal Health Enterprises' Inventory Turnover too high?
Manipal Health Enterprises' current Inventory Turnover is 23.97. Overall, Manipal Health Enterprises has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Manipal Health Enterprises' Inventory Turnover compare to HCA and THC?
Manipal Health Enterprises' Inventory Turnover of 23.97 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & 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 Manipal Health Enterprises and its competitors. Manipal Health Enterprises's current Inventory Turnover is 23.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manipal Health Enterprises stock overvalued right now?
Manipal Health Enterprises (BOM:544847) has a current Inventory Turnover of 23.97. The current Inventory Turnover is 23.97. Manipal Health Enterprises' overall GF Score™ is 13/100 with 1 warning sign 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 Manipal Health Enterprises (BOM:544847), the current Inventory Turnover is 23.97 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.

Manipal Health Enterprises Business Description

Other Exchanges MANIPALHOS:India
Address HAL Airport Road, Rustom Bagh road, The Annexe, no. 98/2, Bengaluru, KA, IND, 560 017
Manipal Health Enterprises Ltd is engaged in the business of running/managing hospitals and providing healthcare services. The company operates through various Hospitals/clinics providing Healthcare services and diagnostic centres in India. It offers clinical services across several specialties, with a focus on tertiary and quaternary care, particularly in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics, and renal sciences. It has a single business segment, namely engaged in the business of healthcare services. The company generates revenue by providing inpatient care at its hospitals.
13GF Score

Get the complete analysis for BOM:544847

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

₹771.85
Price