Pakistan National Shipping (KAR:PNSC) Inventory Turnover: 3.16 (As of Mar. 2026)

What is Pakistan National Shipping Inventory Turnover?

Pakistan National Shipping KAR:PNSC +0.10% 78 Inventory Turnover is 3.16 as of Mar. 2026. GuruFocus rates KAR:PNSC with a GF Score™ of 78/100 and a GF Value™ of ₨301.61 (Significantly Overvalued). The stock has 7 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. Pakistan National Shipping's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨9,694 Mil. Pakistan National Shipping's Average Total Inventories for the quarter that ended in Mar. 2026 was ₨3,066 Mil. Pakistan National Shipping's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pakistan National Shipping's Days Inventory for the three months ended in Mar. 2026 was 28.86.

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. Pakistan National Shipping's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.19.

Pakistan National Shipping (KAR:PNSC) 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.

Pakistan National Shipping'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
	=	3066.496	/	9694.456	*	365 / 4
	=	28.86

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.

Pakistan National Shipping'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 )
	=	3066.496	/	15740.275
	=	0.19

* 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.

Pakistan National Shipping Inventory Turnover Related Terms

Pakistan National Shipping Inventory Turnover Historical Data

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The historical data trend for Pakistan National Shipping's Inventory Turnover can be seen below:

Pakistan National Shipping Inventory Turnover Chart

Pakistan National Shipping Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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6.60

11.49

12.91

10.70

11.86

Pakistan National Shipping 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															2.46	3.45	3.14	3.43	3.16

78GF Score

Pakistan National Shipping Corp Ltd KAR:PNSC

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Pakistan National Shipping Inventory Turnover Calculation

Pakistan National Shipping'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 )
=	26421.702	/ (	(2644.062	+	1813.355)	/	2 )
=	26421.702	/	2228.7085
=	11.86

Pakistan National Shipping'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 )
=	9694.456	/ (	(2299.86	+	3833.132)	/	2 )
=	9694.456	/	3066.496
=	3.16

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 3.16 mean?

Pakistan National Shipping (KAR:PNSC) has a Inventory Turnover of 3.16 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pakistan National Shipping and its competitors.

Is Pakistan National Shipping's Inventory Turnover too high?

Pakistan National Shipping's current Inventory Turnover is 3.16. Overall, Pakistan National Shipping has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Pakistan National Shipping's Inventory Turnover compare to KEX?

Pakistan National Shipping's Inventory Turnover of 3.16 can be compared against companies in the Transportation 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 Transportation company?

A good Inventory Turnover depends on the Transportation 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 Pakistan National Shipping and its competitors. Pakistan National Shipping's current Inventory Turnover is 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pakistan National Shipping stock overvalued right now?

Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨301.61, compared to a current price of ₨597.82 — trading 98.2% above its estimated fair value. The current Inventory Turnover is 3.16. Pakistan National Shipping's overall GF Score™ is 78/100 with 7 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 Pakistan National Shipping (KAR:PNSC), the current Inventory Turnover is 3.16 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 Pakistan National Shipping (KAR:PNSC) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued. The current stock price of ₨597.82 is trading 98.2% above its estimated GF Value™ of ₨301.61. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

Inventory Turnover: 3.16
GF Value™: ₨301.61 vs. price of ₨597.82 (98.2% above fair value)
GF Score™: 78/100 with 7 warning signs

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

Pakistan National Shipping Business Description

Industry Industrials Transportation

Comparable Companies KAR:PICT BOM:532921 OCSE:MAERSK B HKSE:01919 PHS:ICT XTER:HLAG SHSE:600018 TSE:9101 TPE:2603 ADX:ADNOCLS XKRX:011200 TSE:9104 HKSE:01308 HKSE:00316 TSE:9107 SHSE:601018 XKLS:3816 SAU:4030 HKSE:06198 KEX

Address PNSC Building, Moulvi Tamizuddin Khan Road, P.O. BOX No. 5350, Karachi, SD, PAK, 74000

Website https://www.pnsc.com.pk

Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.

78GF Score

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

₨597.82

Price

₨301.61

GF Value

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