BAG Convergence (NSE:BAGDIGITAL) Inventory Turnover: -1.18 (As of Mar. 2026)


NSE:BAGDIGITAL BAG Convergence Ltd NSE:BAGDIGITAL
21 GF Score
Price ₹105.95
! 4 Warning Signs
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What is BAG Convergence Inventory Turnover?

BAG Convergence NSE:BAGDIGITAL -0.98% 21 Inventory Turnover is -1.18 as of Mar. 2026. GuruFocus rates NSE:BAGDIGITAL with a GF Score™ of 21/100. 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. BAG Convergence's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹-51.0 Mil. BAG Convergence's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹43.2 Mil. BAG Convergence's Inventory Turnover for the quarter that ended in Mar. 2026 was -1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. BAG Convergence's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.20.

BAG Convergence  (NSE:BAGDIGITAL) 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.

BAG Convergence's Days Inventory for the six 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
=43.174/-51.04*365 / 2
=

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.

BAG Convergence'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 )
=43.174 / 213.425
=0.20

* 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.

BAG Convergence Inventory Turnover Related Terms

BAG Convergence Inventory Turnover Historical Data

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The historical data trend for BAG Convergence'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.

BAG Convergence Inventory Turnover Chart

BAG Convergence Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
0.00 0.00 0.00 -1.18

BAG Convergence Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Inventory Turnover 0.00 0.00 -0.03 -1.18
NSE:BAGDIGITAL
21GF Score
BAG Convergence Ltd NSE:BAGDIGITAL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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BAG Convergence Inventory Turnover Calculation

BAG Convergence'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 )
=-51.04 / ((17.654 + 68.694) / 2 )
=-51.04 / 43.174
=-1.18

BAG Convergence'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=-51.04 / ((17.654 + 68.694) / 2 )
=-51.04 / 43.174
=-1.18

* 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 -1.18 mean?
BAG Convergence (NSE:BAGDIGITAL) has a Inventory Turnover of -1.18 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on BAG Convergence and its competitors.
Is BAG Convergence's Inventory Turnover too high?
BAG Convergence's current Inventory Turnover is -1.18. Overall, BAG Convergence has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does BAG Convergence's Inventory Turnover compare to GOOGL and META?
BAG Convergence's Inventory Turnover of -1.18 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Inventory Turnover depends on the Interactive Media 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 BAG Convergence and its competitors. BAG Convergence's current Inventory Turnover is -1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAG Convergence stock overvalued right now?
BAG Convergence (NSE:BAGDIGITAL) has a current Inventory Turnover of -1.18. The current Inventory Turnover is -1.18. BAG Convergence's overall GF Score™ is 21/100 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 BAG Convergence (NSE:BAGDIGITAL), the current Inventory Turnover is -1.18 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.

BAG Convergence Business Description

Address FC-23, Sector 16A, Film City, Sector 16A, Noida, UP, IND, 201301
BAG Convergence Ltd is engaged in the business of convergence of traditional media to digital media and renders technical assistance to TV channels, along with services related to website maintenance. The company is involved in content creation on digital platforms across News, Entertainment, Sports, Religious, and other segments, operating through websites, social media platforms including YouTube, Facebook, Instagram, and X, as well as Connected TV on Samsung Plus, LG, Xiaomi, and Waves-Prasar Bharti. Its clients include News24 Hindi, News24 English, E24, ISOMES, and BAG.
21GF Score

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

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