Apex Frozen Foods (NSE:APEX) Inventory Turnover: 0.67 (As of Mar. 2026)


NSE:APEX Apex Frozen Foods Ltd NSE:APEX
66 GF Score
Price ₹403.95
GF Value ₹258.78
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Apex Frozen Foods Inventory Turnover?

Apex Frozen Foods NSE:APEX -0.38% 66 Inventory Turnover is 0.67 as of Mar. 2026. GuruFocus rates NSE:APEX with a GF Score™ of 66/100 and a GF Value™ of ₹258.78 (Significantly Overvalued). The stock has 4 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. Apex Frozen Foods's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,123 Mil. Apex Frozen Foods's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,672 Mil. Apex Frozen Foods's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apex Frozen Foods's Days Inventory for the three months ended in Mar. 2026 was 135.85.

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. Apex Frozen Foods's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.05.

Apex Frozen Foods  (NSE:APEX) 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.

Apex Frozen Foods'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
=1671.908/1123.026*365 / 4
=135.85

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.

Apex Frozen Foods'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 )
=1671.908 / 1587.079
=1.05

* 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.

Apex Frozen Foods Inventory Turnover Related Terms

Apex Frozen Foods Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Apex Frozen Foods'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.

Apex Frozen Foods Inventory Turnover Chart

Apex Frozen Foods 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 3.60 4.12 3.06 3.05 3.31

Apex Frozen Foods 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 0.74 0.92 0.79 0.82 0.67
NSE:APEX
66GF Score
Apex Frozen Foods Ltd NSE:APEX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Frozen Foods Inventory Turnover Calculation

Apex Frozen Foods'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 )
=5885.678 / ((1882.139 + 1671.908) / 2 )
=5885.678 / 1777.0235
=3.31

Apex Frozen Foods'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 )
=1123.026 / ((0 + 1671.908) / 1 )
=1123.026 / 1671.908
=0.67

* 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 0.67 mean?
Apex Frozen Foods (NSE:APEX) has a Inventory Turnover of 0.67 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Apex Frozen Foods and its competitors.
Is Apex Frozen Foods' Inventory Turnover too high?
Apex Frozen Foods' current Inventory Turnover is 0.67. Overall, Apex Frozen Foods has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Frozen Foods' Inventory Turnover compare to ADM and BG?
Apex Frozen Foods' Inventory Turnover of 0.67 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Apex Frozen Foods and its competitors. Apex Frozen Foods's current Inventory Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Frozen Foods stock overvalued right now?
Based on GuruFocus' analysis, Apex Frozen Foods (NSE:APEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹258.78, compared to a current price of ₹403.95 — trading 56.1% above its estimated fair value. The current Inventory Turnover is 0.67. Apex Frozen Foods' overall GF Score™ is 66/100 with 4 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 Apex Frozen Foods (NSE:APEX), the current Inventory Turnover is 0.67 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 Apex Frozen Foods (NSE:APEX) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Frozen Foods stock appears to be overvalued. The current stock price of ₹403.95 is trading 56.1% above its estimated GF Value™ of ₹258.78. GuruFocus considers Apex Frozen Foods to be Significantly Overvalued.

Key valuation signals for NSE:APEX:

  • Inventory Turnover: 0.67
  • GF Value™: ₹258.78 vs. price of ₹403.95 (56.1% above fair value)
  • GF Score™: 66/100 with 4 warning signs

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

Apex Frozen Foods Business Description

Other Exchanges 540692:India
Address 3-160, Panasapadu, East Godavari District, Kakinada, AP, IND, 533005
Apex Frozen Foods Ltd is a producer and exporter of shelf-stable quality aquaculture products. The company supplies ready-to-cook products to food companies, retail chains, restaurants, club stores, and distributors spread across the developed markets of the USA and various European countries. It produces two kinds of shrimps, namely the Whiteleg Shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus Monodon), which are sold under the brands owned by the company and its customers, namely Bay Fresh, Bay Harvest, and Bay Premium.
66GF Score

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

₹403.95
Price
₹258.78
GF Value