Apex Spinning & Knitting Mills (DHA:APEXSPINN) Inventory Turnover: 3.45 (As of Mar. 2026)

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DHA:APEXSPINN Apex Spinning & Knitting Mills Ltd DHA:APEXSPINN
64 GF Score
Price BDT394.70
GF Value BDT118.90
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Apex Spinning & Knitting Mills Inventory Turnover?

Apex Spinning & Knitting Mills DHA:APEXSPINN -0.83% 64 Inventory Turnover is 3.45 as of Mar. 2026. GuruFocus rates DHA:APEXSPINN with a GF Score™ of 64/100 and a GF Value™ of BDT118.90 (Significantly Overvalued). The stock has 8 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. Apex Spinning & Knitting Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT1,227 Mil. Apex Spinning & Knitting Mills's Average Total Inventories for the quarter that ended in Mar. 2026 was BDT356 Mil. Apex Spinning & Knitting Mills's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apex Spinning & Knitting Mills's Days Inventory for the three months ended in Mar. 2026 was 26.48.

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. Apex Spinning & Knitting Mills's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.27.

Apex Spinning & Knitting Mills  (DHA:APEXSPINN) 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.

Apex Spinning & Knitting Mills'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
=355.987/1226.801*365 / 4
=26.48

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.

Apex Spinning & Knitting Mills'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 )
=355.987 / 1336.885
=0.27

* 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.

Apex Spinning & Knitting Mills Inventory Turnover Related Terms

Apex Spinning & Knitting Mills Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Apex Spinning & Knitting Mills'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.

Apex Spinning & Knitting Mills Inventory Turnover Chart

Apex Spinning & Knitting Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.18 12.30 14.31 22.01 22.01

Apex Spinning & Knitting Mills 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 5.20 4.65 4.59 4.52 3.45
DHA:APEXSPINN
64GF Score
Apex Spinning & Knitting Mills Ltd DHA:APEXSPINN
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Spinning & Knitting Mills Inventory Turnover Calculation

Apex Spinning & Knitting Mills'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 )
=4967.767 / ((224.892 + 226.483) / 2 )
=4967.767 / 225.6875
=22.01

Apex Spinning & Knitting Mills'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 )
=1226.801 / ((330.76 + 381.214) / 2 )
=1226.801 / 355.987
=3.45

* 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 3.45 mean?
Apex Spinning & Knitting Mills (DHA:APEXSPINN) has a Inventory Turnover of 3.45 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Apex Spinning & Knitting Mills and its competitors.
Is Apex Spinning & Knitting Mills' Inventory Turnover too high?
Apex Spinning & Knitting Mills' current Inventory Turnover is 3.45. Overall, Apex Spinning & Knitting Mills has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Spinning & Knitting Mills' Inventory Turnover compare to RL and LEVI?
Apex Spinning & Knitting Mills' Inventory Turnover of 3.45 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Apex Spinning & Knitting Mills and its competitors. Apex Spinning & Knitting Mills's current Inventory Turnover is 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Spinning & Knitting Mills stock overvalued right now?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills (DHA:APEXSPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT118.90, compared to a current price of BDT394.70 — trading 232% above its estimated fair value. The current Inventory Turnover is 3.45. Apex Spinning & Knitting Mills' overall GF Score™ is 64/100 with 8 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN), the current Inventory Turnover is 3.45 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Spinning & Knitting Mills stock appears to be overvalued. The current stock price of BDT394.70 is trading 232% above its estimated GF Value™ of BDT118.90. GuruFocus considers Apex Spinning & Knitting Mills to be Significantly Overvalued.

Key valuation signals for DHA:APEXSPINN:

  • Inventory Turnover: 3.45
  • GF Value™: BDT118.90 vs. price of BDT394.70 (232% above fair value)
  • GF Score™: 64/100 with 8 warning signs

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

Apex Spinning & Knitting Mills Business Description

Address 18 Gulshan Avenue, Shanta Skymark, Levels 8-13, Gulshan, Dhaka, BGD, 1212
Apex Spinning & Knitting Mills Ltd is a Bangladesh-based company that operates as a manufacturer and exporter of all kinds of textiles and knitted garments. The company is an integrated knitting, dyeing and finishing and garment factory. The company specialises in infant, children's, and women's wear using fabrics produced in-house. ASKML is equipped to produce a wide range of solid dyed, yarn dyed, and all-over printed fabrics using a variety of designs provided by the customer.
64GF Score

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

BDT394.70
Price
BDT118.90
GF Value