Balaji Phosphates (NSE:BALAJIPHOS) Inventory Turnover: 1.16 (As of Mar. 2026)

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NSE:BALAJIPHOS Balaji Phosphates Ltd NSE:BALAJIPHOS
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What is Balaji Phosphates Inventory Turnover?

Balaji Phosphates NSE:BALAJIPHOS +2.48% 14 Inventory Turnover is 1.16 as of Mar. 2026. GuruFocus rates NSE:BALAJIPHOS with a GF Score™ of 14/100. 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. Balaji Phosphates's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹631 Mil. Balaji Phosphates's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹547 Mil. Balaji Phosphates's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balaji Phosphates's Days Inventory for the six months ended in Mar. 2026 was 157.98.

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. Balaji Phosphates's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.64.


Balaji Phosphates  (NSE:BALAJIPHOS) 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.

Balaji Phosphates'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
=546.5335/631.362*365 / 2
=157.98

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.

Balaji Phosphates'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 )
=546.5335 / 857.666
=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.


Balaji Phosphates Inventory Turnover Related Terms


Balaji Phosphates Inventory Turnover Historical Data

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The historical data trend for Balaji Phosphates'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.

Balaji Phosphates Inventory Turnover Chart

Balaji Phosphates Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
3.96 3.31 3.11 2.35 2.32

Balaji Phosphates Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 1.17 1.10 1.16
NSE:BALAJIPHOS
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Balaji Phosphates Ltd NSE:BALAJIPHOS
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Balaji Phosphates Inventory Turnover Calculation

Balaji Phosphates'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 )
=1132.841 / ((397.512 + 578.353) / 2 )
=1132.841 / 487.9325
=2.32

Balaji Phosphates'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=631.362 / ((514.714 + 578.353) / 2 )
=631.362 / 546.5335
=1.16

* 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 1.16 mean?
Balaji Phosphates (NSE:BALAJIPHOS) has a Inventory Turnover of 1.16 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Balaji Phosphates and its competitors.
Is Balaji Phosphates' Inventory Turnover too high?
Balaji Phosphates' current Inventory Turnover is 1.16. Overall, Balaji Phosphates has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Balaji Phosphates' Inventory Turnover compare to CTVA and CF?
Balaji Phosphates' Inventory Turnover of 1.16 can be compared against companies in the Agriculture 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 Agriculture company?
A good Inventory Turnover depends on the Agriculture 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 Balaji Phosphates and its competitors. Balaji Phosphates's current Inventory Turnover is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Phosphates stock overvalued right now?
Balaji Phosphates (NSE:BALAJIPHOS) has a current Inventory Turnover of 1.16. The current Inventory Turnover is 1.16. Balaji Phosphates' overall GF Score™ is 14/100 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 Balaji Phosphates (NSE:BALAJIPHOS), the current Inventory Turnover is 1.16 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.

Balaji Phosphates Business Description

Address 305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound, Indore General Post Office, Indore, MP, IND, 452001
Balaji Phosphates Ltd manufactures and supplies Single Super Phosphate (SSP) in powder and granulated forms, NPK granulated and mixed fertilizers, and zinc sulphate. It sells products under the brand names RATNAM and BPPL to customers, including retailers, wholesalers, and state-owned cooperatives, with farmers being the end users. The company operates in two segments: Fertilizers and Weighbridge. The Fertilizers segment includes the manufacturing of single super phosphate fertilizers. The Weighbridge segment includes the manufacture of weighbridges and annual service maintenance. The key revenue is generated from the Fertilizers segment.
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