Orica (MEX:ORICN) Inventory Turnover: 1.87 (As of Mar. 2026)


What is Orica Inventory Turnover?

Orica MEX:ORICN 76 Inventory Turnover is 1.87 as of Mar. 2026. GuruFocus rates MEX:ORICN with a GF Score™ of 76/100. The stock has 9 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. Orica's Cost of Goods Sold for the six months ended in Mar. 2026 was MXN22,470.64 Mil. Orica's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN12,037.02 Mil. Orica's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orica's Days Inventory for the six months ended in Mar. 2026 was 97.76.

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. Orica's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.24.

Orica  (MEX:ORICN) 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.

Orica'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
=12037.0195/22470.642*365 / 2
=97.76

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.

Orica'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 )
=12037.0195 / 49152.711
=0.24

* 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.

Orica Inventory Turnover Related Terms

Orica Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Orica'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.

Orica Inventory Turnover Chart

Orica Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 4.93 4.42 4.52 3.92

Orica Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.89 2.27 1.82 1.90 1.87

Orica Inventory Turnover Calculation

Orica's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=44867.057 / ((11583.549 + 11300.56) / 2 )
=44867.057 / 11442.0545
=3.92

Orica'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=22470.642 / ((11300.56 + 12773.479) / 2 )
=22470.642 / 12037.0195
=1.87

* 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 1.87 mean?
Orica (MEX:ORICN) has a Inventory Turnover of 1.87 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Orica and its competitors.
Is Orica's Inventory Turnover too high?
Orica's current Inventory Turnover is 1.87. Overall, Orica has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Orica's Inventory Turnover compare to LIN and SHW?
Orica's Inventory Turnover of 1.87 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Orica and its competitors. Orica's current Inventory Turnover is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orica stock overvalued right now?
Orica (MEX:ORICN) has a current Inventory Turnover of 1.87. The current Inventory Turnover is 1.87. Orica's overall GF Score™ is 76/100 with 9 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 Orica (MEX:ORICN), the current Inventory Turnover is 1.87 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.

Orica Business Description

Address 1 Nicholson Street, Level 3, East Melbourne, Melbourne, VIC, AUS, 3002
Orica is a leading global manufacturer and supplier of explosives and chemicals, primarily to the mining industry. It has operations in around 50 countries across six continents. Blasting solutions to the mining industry is the chief earnings engine. Orica has an approximate 28% share of the global commercial explosives market. It provided resins, steel bolts, and other products for underground mining and tunneling though this business is now sold. It also supplies chemicals such as sodium cyanide to the mining industry.