Black Box (NSE:BBOX) Inventory Turnover: 4.25 (As of Mar. 2026)

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NSE:BBOX Black Box Ltd NSE:BBOX
65 GF Score
Price ₹869.40
GF Value ₹502.40
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Black Box Inventory Turnover?

Black Box NSE:BBOX -3.27% 65 Inventory Turnover is 4.25 as of Mar. 2026. GuruFocus rates NSE:BBOX with a GF Score™ of 65/100 and a GF Value™ of ₹502.40 (Significantly Overvalued). 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. Black Box's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹13,741 Mil. Black Box's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹3,230 Mil. Black Box's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Black Box's Days Inventory for the three months ended in Mar. 2026 was 21.45.

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. Black Box's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.19.

Black Box  (NSE:BBOX) 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.

Black Box'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
=3229.5/13740.8*365 / 4
=21.45

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.

Black Box'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 )
=3229.5 / 16909.4
=0.19

* 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.

Black Box Inventory Turnover Related Terms

Black Box Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Black Box'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.

Black Box Inventory Turnover Chart

Black Box 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 24.81 19.06 17.82 21.99 19.80

Black Box 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 6.23 5.69 3.40 3.58 4.25
NSE:BBOX
65GF Score
Black Box Ltd NSE:BBOX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Box Inventory Turnover Calculation

Black Box'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 )
=52742.5 / ((2096.9 + 3229.5) / 2 )
=52742.5 / 2663.2
=19.80

Black Box'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 )
=13740.8 / ((0 + 3229.5) / 1 )
=13740.8 / 3229.5
=4.25

* 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 4.25 mean?
Black Box (NSE:BBOX) has a Inventory Turnover of 4.25 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Black Box and its competitors.
Is Black Box's Inventory Turnover too high?
Black Box's current Inventory Turnover is 4.25. Overall, Black Box has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Box's Inventory Turnover compare to UBER and SHOP?
Black Box's Inventory Turnover of 4.25 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Black Box and its competitors. Black Box's current Inventory Turnover is 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Box stock overvalued right now?
Based on GuruFocus' analysis, Black Box (NSE:BBOX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹502.40, compared to a current price of ₹869.40 — trading 73% above its estimated fair value. The current Inventory Turnover is 4.25. Black Box's overall GF Score™ is 65/100 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 Black Box (NSE:BBOX), the current Inventory Turnover is 4.25 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 Black Box (NSE:BBOX) Overvalued in 2026?

Based on GuruFocus' analysis, Black Box stock appears to be overvalued. The current stock price of ₹869.40 is trading 73% above its estimated GF Value™ of ₹502.40. GuruFocus considers Black Box to be Significantly Overvalued.

Key valuation signals for NSE:BBOX:

  • Inventory Turnover: 4.25
  • GF Value™: ₹502.40 vs. price of ₹869.40 (73% above fair value)
  • GF Score™: 65/100 with 2 warning signs

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

Black Box Business Description

Other Exchanges 500463:India
Address Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708
Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are Global System Integration (GSI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure, data center, cyber security (CYBER-i), and digital transformation and applications.
65GF Score

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

₹869.40
Price
₹502.40
GF Value