Apar Industries (NSE:APARINDS) Inventory Turnover: 1.22 (As of Jun. 2026)

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NSE:APARINDS Apar Industries Ltd NSE:APARINDS
84 GF Score
Price ₹13,889.00
GF Value ₹10,844.74
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Apar Industries Inventory Turnover?

Apar Industries NSE:APARINDS +3.47% 84 Inventory Turnover is 1.22 as of Jun. 2026. GuruFocus rates NSE:APARINDS with a GF Score™ of 84/100 and a GF Value™ of ₹10,844.74 (Modestly Overvalued). The stock has 1 warning sign 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. Apar Industries's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹50,663 Mil. Apar Industries's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹41,528 Mil. Apar Industries's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apar Industries's Days Inventory for the three months ended in Jun. 2026 was 74.80.

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. Apar Industries's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.63.


Apar Industries  (NSE:APARINDS) 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.

Apar Industries's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=41527.9/50663*365 / 4
=74.80

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.

Apar Industries's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=41527.9 / 65666.2
=0.63

* 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.


Apar Industries Inventory Turnover Related Terms


Apar Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Apar 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.

Apar Industries Inventory Turnover Chart

Apar Industries 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 3.94 4.73 4.64 4.77 4.85

Apar Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.22 1.33 1.31 1.25 1.22
NSE:APARINDS
84GF Score
Apar Industries Ltd NSE:APARINDS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Apar Industries Inventory Turnover Calculation

Apar Industries'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 )
=180908.4 / ((33105 + 41527.9) / 2 )
=180908.4 / 37316.45
=4.85

Apar Industries's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=50663 / ((41527.9 + 0) / 1 )
=50663 / 41527.9
=1.22

* 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 1.22 mean?
Apar Industries (NSE:APARINDS) has a Inventory Turnover of 1.22 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Apar Industries and its competitors.
Is Apar Industries' Inventory Turnover too high?
Apar Industries' current Inventory Turnover is 1.22. Overall, Apar Industries has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apar Industries' Inventory Turnover compare to VRT and BE?
Apar Industries' Inventory Turnover of 1.22 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial 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 Apar Industries and its competitors. Apar Industries's current Inventory Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apar Industries stock overvalued right now?
Based on GuruFocus' analysis, Apar Industries (NSE:APARINDS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10,844.74, compared to a current price of ₹13,889.00 — trading 28.1% above its estimated fair value. The current Inventory Turnover is 1.22. Apar Industries' overall GF Score™ is 84/100 with 1 warning sign 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 Apar Industries (NSE:APARINDS), the current Inventory Turnover is 1.22 as of Jun. 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 Apar Industries (NSE:APARINDS) Overvalued in 2026?

Based on GuruFocus' analysis, Apar Industries stock appears to be overvalued. The current stock price of ₹13,889.00 is trading 28.1% above its estimated GF Value™ of ₹10,844.74. GuruFocus considers Apar Industries to be Modestly Overvalued.

Key valuation signals for NSE:APARINDS:

  • Inventory Turnover: 1.22
  • GF Value™: ₹10,844.74 vs. price of ₹13,889.00 (28.1% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Apar Industries Business Description

Other Exchanges 532259:India
Address Sion-Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, V. N. Purav Marg, Chembur, Mumbai, MH, IND, 400 071
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer & Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of its revenue from India. Its product categories include Transformer Oils, White Oils, Petroleum Jelly, Process Oils, Electrical cables, Elastomer and E-beam cables, Light duty cables and wires, Fibre optic cables, Automotive engine oils, Automotive gear oil, Transmission fluid, PICC conductors, Railway overhead conductors, Specialty wires.
84GF Score

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

₹13,889.00
Price
₹10,844.74
GF Value