Alpex Solar (NSE:ALPEXSOLAR) Inventory Turnover: 1.52 (As of Mar. 2026)

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NSE:ALPEXSOLAR Alpex Solar Ltd NSE:ALPEXSOLAR
47 GF Score
Price ₹827.20
! 2 Warning Signs
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What is Alpex Solar Inventory Turnover?

Alpex Solar NSE:ALPEXSOLAR -1.09% 47 Inventory Turnover is 1.52 as of Mar. 2026. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 47/100. The stock has 2 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. Alpex Solar's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5,466 Mil. Alpex Solar's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹3,589 Mil. Alpex Solar's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alpex Solar's Days Inventory for the three months ended in Mar. 2026 was 59.91.

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. Alpex Solar's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.53.

Alpex Solar  (NSE:ALPEXSOLAR) 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.

Alpex Solar'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
=3588.557/5465.799*365 / 4
=59.91

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.

Alpex Solar'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 )
=3588.557 / 6719.55
=0.53

* 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.

Alpex Solar Inventory Turnover Related Terms

Alpex Solar Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Alpex Solar'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.

Alpex Solar Inventory Turnover Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 3.89 3.46 7.77 8.65 7.76

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 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 2.87 2.90 2.23 2.77 1.52
NSE:ALPEXSOLAR
47GF Score
Alpex Solar Ltd NSE:ALPEXSOLAR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpex Solar Inventory Turnover Calculation

Alpex Solar's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=17888.169 / ((1023.949 + 3588.557) / 2 )
=17888.169 / 2306.253
=7.76

Alpex Solar'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 )
=5465.799 / ((0 + 3588.557) / 1 )
=5465.799 / 3588.557
=1.52

* 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 1.52 mean?
Alpex Solar (NSE:ALPEXSOLAR) has a Inventory Turnover of 1.52 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Alpex Solar and its competitors.
Is Alpex Solar's Inventory Turnover too high?
Alpex Solar's current Inventory Turnover is 1.52. Overall, Alpex Solar has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's Inventory Turnover compare to FSLR and NXT?
Alpex Solar's Inventory Turnover of 1.52 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Alpex Solar and its competitors. Alpex Solar's current Inventory Turnover is 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current Inventory Turnover of 1.52. The current Inventory Turnover is 1.52. Alpex Solar's overall GF Score™ is 47/100 with 2 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 Alpex Solar (NSE:ALPEXSOLAR), the current Inventory Turnover is 1.52 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.

Alpex Solar Business Description

Address Plot No. I-25-26, Site 5, Surajpur Industrial Area, Gautam Buddha Nagar, Kasna, Greater Noida, UP, IND, 201306
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
47GF Score

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