Aftab Automobiles (DHA:AFTABAUTO) Inventory Turnover: 0.09 (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.

DHA:AFTABAUTO Aftab Automobiles Ltd DHA:AFTABAUTO
73 GF Score
Price BDT31.50
GF Value BDT37.48
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Aftab Automobiles Inventory Turnover?

Aftab Automobiles DHA:AFTABAUTO -1.56% 73 Inventory Turnover is 0.09 as of Mar. 2026. GuruFocus rates DHA:AFTABAUTO with a GF Score™ of 73/100 and a GF Value™ of BDT37.48 (Modestly Undervalued). 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. Aftab Automobiles's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT158.8 Mil. Aftab Automobiles's Average Total Inventories for the quarter that ended in Mar. 2026 was BDT1,801.1 Mil. Aftab Automobiles's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aftab Automobiles's Days Inventory for the three months ended in Mar. 2026 was 1,035.23.

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. Aftab Automobiles's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 8.15.

Aftab Automobiles  (DHA:AFTABAUTO) 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.

Aftab Automobiles's Days Inventory for the three 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
=1801.077/158.756*365 / 4
=1,035.23

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.

Aftab Automobiles'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 )
=1801.077 / 220.951
=8.15

* 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.

Aftab Automobiles Inventory Turnover Related Terms

Aftab Automobiles Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Inventory Turnover Chart

Aftab Automobiles Annual Data
Trend Aug15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.33 0.66 0.27 0.46

Aftab Automobiles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.12 0.07 0.09 0.09
DHA:AFTABAUTO
73GF Score
Aftab Automobiles Ltd DHA:AFTABAUTO
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aftab Automobiles Inventory Turnover Calculation

Aftab Automobiles's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Inventory Turnover (A: Jun. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2025 ) / ((Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count )
=622.262 / ((1253.552 + 1429.114) / 2 )
=622.262 / 1341.333
=0.46

Aftab Automobiles'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=158.756 / ((1589.266 + 2012.888) / 2 )
=158.756 / 1801.077
=0.09

* 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 0.09 mean?
Aftab Automobiles (DHA:AFTABAUTO) has a Inventory Turnover of 0.09 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aftab Automobiles and its competitors.
Is Aftab Automobiles' Inventory Turnover too high?
Aftab Automobiles' current Inventory Turnover is 0.09. Overall, Aftab Automobiles has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' Inventory Turnover compare to TSLA and GM?
Aftab Automobiles' Inventory Turnover of 0.09 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Aftab Automobiles and its competitors. Aftab Automobiles's current Inventory Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.48, compared to a current price of BDT31.50 — trading 16% below its estimated fair value. The current Inventory Turnover is 0.09. Aftab Automobiles' overall GF Score™ is 73/100 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 Aftab Automobiles (DHA:AFTABAUTO), the current Inventory Turnover is 0.09 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.

Is Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?

Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued. The current stock price of BDT31.50 is trading 16% below its estimated GF Value™ of BDT37.48. GuruFocus considers Aftab Automobiles to be Modestly Undervalued.

Key valuation signals for DHA:AFTABAUTO:

  • Inventory Turnover: 0.09
  • GF Value™: BDT37.48 vs. price of BDT31.50 (16% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the DHA:AFTABAUTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aftab Automobiles Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
73GF Score

Get the complete analysis for DHA:AFTABAUTO

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

BDT31.50
Price
BDT37.48
GF Value