Solve Plastic Products (NSE:BALCO) Inventory Turnover: 1.88 (As of Sep. 2025)

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
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What is Solve Plastic Products Inventory Turnover?

Solve Plastic Products NSE:BALCO 10 Inventory Turnover is 1.88 as of Sep. 2025. GuruFocus rates NSE:BALCO with a GF Score™ of 10/100. The stock has 2 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. Solve Plastic Products's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹129.5 Mil. Solve Plastic Products's Average Total Inventories for the quarter that ended in Sep. 2025 was ₹68.9 Mil. Solve Plastic Products's Inventory Turnover for the quarter that ended in Sep. 2025 was 1.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solve Plastic Products's Days Inventory for the six months ended in Sep. 2025 was 97.10.

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. Solve Plastic Products's Inventory-to-Revenue for the quarter that ended in Sep. 2025 was 0.32.


Solve Plastic Products  (NSE:BALCO) 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.

Solve Plastic Products's Days Inventory for the six months ended in Sep. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2025 )/Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=68.8955/129.483*365 / 2
=97.10

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.

Solve Plastic Products's Inventory to Revenue for the quarter that ended in Sep. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=68.8955 / 218.259
=0.32

* 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.


Solve Plastic Products Inventory Turnover Related Terms


Solve Plastic Products Inventory Turnover Historical Data

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The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Inventory Turnover Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
4.86 7.09 7.46 4.25 4.35

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Inventory Turnover Get a 7-Day Free Trial 2.36 1.91 1.92 2.30 1.88
NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
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Solve Plastic Products Inventory Turnover Calculation

Solve Plastic Products's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=296.808 / ((76.163 + 60.286) / 2 )
=296.808 / 68.2245
=4.35

Solve Plastic Products's Inventory Turnover for the quarter that ended in Sep. 2025 is calculated as

Inventory Turnover (Q: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2025 ) / ((Total Inventories (Q: Mar. 2025 ) + Total Inventories (Q: Sep. 2025 )) / count )
=129.483 / ((60.286 + 77.505) / 2 )
=129.483 / 68.8955
=1.88

* 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 1.88 mean?
Solve Plastic Products (NSE:BALCO) has a Inventory Turnover of 1.88 as of Sep. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solve Plastic Products and its competitors.
Is Solve Plastic Products' Inventory Turnover too high?
Solve Plastic Products' current Inventory Turnover is 1.88. Overall, Solve Plastic Products has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Inventory Turnover compare to VRT and BE?
Solve Plastic Products' Inventory Turnover of 1.88 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 Solve Plastic Products and its competitors. Solve Plastic Products's current Inventory Turnover is 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Inventory Turnover of 1.88. The current Inventory Turnover is 1.88. Solve Plastic Products' overall GF Score™ is 10/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current Inventory Turnover is 1.88 as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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