Andhra Paper (NSE:ANDHRAPAP) Inventory Turnover: 1.46 (As of Mar. 2026)


NSE:ANDHRAPAP Andhra Paper Ltd NSE:ANDHRAPAP
77 GF Score
Price ₹61.46
GF Value ₹86.50
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Andhra Paper Inventory Turnover?

Andhra Paper NSE:ANDHRAPAP -0.39% 77 Inventory Turnover is 1.46 as of Mar. 2026. GuruFocus rates NSE:ANDHRAPAP with a GF Score™ of 77/100 and a GF Value™ of ₹86.50 (Modestly Undervalued). The stock has 5 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. Andhra Paper's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,835 Mil. Andhra Paper's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹2,631 Mil. Andhra Paper's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Andhra Paper's Days Inventory for the three months ended in Mar. 2026 was 62.59.

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. Andhra Paper's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.50.

Andhra Paper  (NSE:ANDHRAPAP) 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.

Andhra Paper'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
=2630.681/3835.237*365 / 4
=62.59

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.

Andhra Paper'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 )
=2630.681 / 5270.477
=0.50

* 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.

Andhra Paper Inventory Turnover Related Terms

Andhra Paper Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Andhra Paper'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.

Andhra Paper Inventory Turnover Chart

Andhra Paper Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 6.60 5.13 3.78 4.21

Andhra Paper 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 0.92 0.85 0.96 1.06 1.46
NSE:ANDHRAPAP
77GF Score
Andhra Paper Ltd NSE:ANDHRAPAP
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andhra Paper Inventory Turnover Calculation

Andhra Paper'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 )
=12313.116 / ((3221.36 + 2630.681) / 2 )
=12313.116 / 2926.0205
=4.21

Andhra Paper'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 )
=3835.237 / ((0 + 2630.681) / 1 )
=3835.237 / 2630.681
=1.46

* 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 1.46 mean?
Andhra Paper (NSE:ANDHRAPAP) has a Inventory Turnover of 1.46 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Andhra Paper and its competitors.
Is Andhra Paper's Inventory Turnover too high?
Andhra Paper's current Inventory Turnover is 1.46. Overall, Andhra Paper has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andhra Paper's Inventory Turnover compare to competitors?
Andhra Paper's Inventory Turnover of 1.46 can be compared against companies in the Forest Products 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 Forest Products company?
A good Inventory Turnover depends on the Forest Products 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 Andhra Paper and its competitors. Andhra Paper's current Inventory Turnover is 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andhra Paper stock overvalued right now?
Based on GuruFocus' analysis, Andhra Paper (NSE:ANDHRAPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹86.50, compared to a current price of ₹61.46 — trading 28.9% below its estimated fair value. The current Inventory Turnover is 1.46. Andhra Paper's overall GF Score™ is 77/100 with 5 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 Andhra Paper (NSE:ANDHRAPAP), the current Inventory Turnover is 1.46 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 Andhra Paper (NSE:ANDHRAPAP) Overvalued in 2026?

Based on GuruFocus' analysis, Andhra Paper stock appears to be undervalued. The current stock price of ₹61.46 is trading 28.9% below its estimated GF Value™ of ₹86.50. GuruFocus considers Andhra Paper to be Modestly Undervalued.

Key valuation signals for NSE:ANDHRAPAP:

  • Inventory Turnover: 1.46
  • GF Value™: ₹86.50 vs. price of ₹61.46 (28.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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

Andhra Paper Business Description

Other Exchanges 502330:India
Address No. 31, Chowringee Road, Park Street, 1st Floor, Kolkata, WB, IND, 700016
Andhra Paper Ltd is an integrated paper and pulp manufacturer in India. The company is engaged in the business of manufacturing pulp, paper, and paperboard and produces writing, printing, copier, and industrial papers for Indian and international markets. In addition, the company also provides a range of office documentation and multipurpose papers, from economy to premium grades for both home and commercial use. The company generates maximum revenue from its business in India and the rest from the sale of its products outside India.
77GF Score

Get the complete analysis for NSE:ANDHRAPAP

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

₹61.46
Price
₹86.50
GF Value