Asian Granito India (NSE:ASIANTILES) Inventory Turnover: 1.29 (As of Mar. 2026)

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NSE:ASIANTILES Asian Granito India Ltd NSE:ASIANTILES
58 GF Score
Price ₹46.36
GF Value ₹31.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asian Granito India Inventory Turnover?

Asian Granito India NSE:ASIANTILES -2.56% 58 Inventory Turnover is 1.29 as of Mar. 2026. GuruFocus rates NSE:ASIANTILES with a GF Score™ of 58/100 and a GF Value™ of ₹31.70 (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. Asian Granito India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,407 Mil. Asian Granito India's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹3,423 Mil. Asian Granito India's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asian Granito India's Days Inventory for the three months ended in Mar. 2026 was 70.87.

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. Asian Granito India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.64.

Asian Granito India  (NSE:ASIANTILES) 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.

Asian Granito India'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
=3423.135/4407.472*365 / 4
=70.87

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.

Asian Granito India'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 )
=3423.135 / 5384.95
=0.64

* 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.

Asian Granito India Inventory Turnover Related Terms

Asian Granito India Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Asian Granito India'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.

Asian Granito India Inventory Turnover Chart

Asian Granito India 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 3.75 4.61 4.69 4.51 4.38

Asian Granito India 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 1.38 0.82 0.69 0.77 1.29
NSE:ASIANTILES
58GF Score
Asian Granito India Ltd NSE:ASIANTILES
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Asian Granito India Inventory Turnover Calculation

Asian Granito India'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 )
=13694.273 / ((2831.664 + 3423.135) / 2 )
=13694.273 / 3127.3995
=4.38

Asian Granito India'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 )
=4407.472 / ((0 + 3423.135) / 1 )
=4407.472 / 3423.135
=1.29

* 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 1.29 mean?
Asian Granito India (NSE:ASIANTILES) has a Inventory Turnover of 1.29 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Asian Granito India and its competitors.
Is Asian Granito India's Inventory Turnover too high?
Asian Granito India's current Inventory Turnover is 1.29. Overall, Asian Granito India has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's Inventory Turnover compare to TT and JCI?
Asian Granito India's Inventory Turnover of 1.29 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Asian Granito India and its competitors. Asian Granito India's current Inventory Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹31.70, compared to a current price of ₹46.36 — trading 46.2% above its estimated fair value. The current Inventory Turnover is 1.29. Asian Granito India's overall GF Score™ is 58/100 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 Asian Granito India (NSE:ASIANTILES), the current Inventory Turnover is 1.29 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 Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹46.36 is trading 46.2% above its estimated GF Value™ of ₹31.70. GuruFocus considers Asian Granito India to be Significantly Overvalued.

Key valuation signals for NSE:ASIANTILES:

  • Inventory Turnover: 1.29
  • GF Value™: ₹31.70 vs. price of ₹46.36 (46.2% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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

Asian Granito India Business Description

Other Exchanges 532888:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
58GF Score

Get the complete analysis for NSE:ASIANTILES

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

₹46.36
Price
₹31.70
GF Value