Mughal Iron & Steel Industries (KAR:MUGHAL) Inventory Turnover: 1.17 (As of Mar. 2026)


KAR:MUGHAL Mughal Iron & Steel Industries Ltd KAR:MUGHAL
90 GF Score
Price ₨88.96
GF Value ₨70.34
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Mughal Iron & Steel Industries Inventory Turnover?

Mughal Iron & Steel Industries KAR:MUGHAL +0.26% 90 Inventory Turnover is 1.17 as of Mar. 2026. GuruFocus rates KAR:MUGHAL with a GF Score™ of 90/100 and a GF Value™ of ₨70.34 (Modestly Overvalued). The stock has 6 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. Mughal Iron & Steel Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨16,744 Mil. Mughal Iron & Steel Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₨14,338 Mil. Mughal Iron & Steel Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mughal Iron & Steel Industries's Days Inventory for the three months ended in Mar. 2026 was 78.14.

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. Mughal Iron & Steel Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.78.

Mughal Iron & Steel Industries  (KAR:MUGHAL) 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.

Mughal Iron & Steel Industries'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
=14337.598/16743.722*365 / 4
=78.14

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.

Mughal Iron & Steel Industries'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 )
=14337.598 / 18362.863
=0.78

* 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.

Mughal Iron & Steel Industries Inventory Turnover Related Terms

Mughal Iron & Steel Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mughal Iron & Steel Industries'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.

Mughal Iron & Steel Industries Inventory Turnover Chart

Mughal Iron & Steel Industries 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 3.33 2.96 2.51 3.42 3.88

Mughal Iron & Steel Industries 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 0.84 1.13 1.01 1.22 1.17
KAR:MUGHAL
90GF Score
Mughal Iron & Steel Industries Ltd KAR:MUGHAL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mughal Iron & Steel Industries Inventory Turnover Calculation

Mughal Iron & Steel Industries'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 )
=80887.405 / ((26075.368 + 15616.656) / 2 )
=80887.405 / 20846.012
=3.88

Mughal Iron & Steel Industries'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 )
=16743.722 / ((14784.349 + 13890.847) / 2 )
=16743.722 / 14337.598
=1.17

* 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 1.17 mean?
Mughal Iron & Steel Industries (KAR:MUGHAL) has a Inventory Turnover of 1.17 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mughal Iron & Steel Industries and its competitors.
Is Mughal Iron & Steel Industries' Inventory Turnover too high?
Mughal Iron & Steel Industries' current Inventory Turnover is 1.17. Overall, Mughal Iron & Steel Industries has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mughal Iron & Steel Industries' Inventory Turnover compare to NUE and STLD?
Mughal Iron & Steel Industries' Inventory Turnover of 1.17 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Mughal Iron & Steel Industries and its competitors. Mughal Iron & Steel Industries's current Inventory Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mughal Iron & Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries (KAR:MUGHAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨70.34, compared to a current price of ₨88.96 — trading 26.5% above its estimated fair value. The current Inventory Turnover is 1.17. Mughal Iron & Steel Industries' overall GF Score™ is 90/100 with 6 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 Mughal Iron & Steel Industries (KAR:MUGHAL), the current Inventory Turnover is 1.17 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 Mughal Iron & Steel Industries (KAR:MUGHAL) Overvalued in 2026?

Based on GuruFocus' analysis, Mughal Iron & Steel Industries stock appears to be overvalued. The current stock price of ₨88.96 is trading 26.5% above its estimated GF Value™ of ₨70.34. GuruFocus considers Mughal Iron & Steel Industries to be Modestly Overvalued.

Key valuation signals for KAR:MUGHAL:

  • Inventory Turnover: 1.17
  • GF Value™: ₨70.34 vs. price of ₨88.96 (26.5% above fair value)
  • GF Score™: 90/100 with 6 warning signs

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

Mughal Iron & Steel Industries Business Description

Other Exchanges MUGHALC:Pakistan
Address 31-A Shadman 1, Lahore, PB, PAK
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous, Non-Ferrous, and the Energy segment. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots, and Copper granules.
90GF Score

Get the complete analysis for KAR:MUGHAL

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

₨88.96
Price
₨70.34
GF Value