Bharat Electronics (NSE:BEL) Inventory Turnover: 0.52 (As of Mar. 2026)

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NSE:BEL Bharat Electronics Ltd NSE:BEL
99 GF Score
Price ₹408.15
GF Value ₹398.63
Valuation Fairly Valued
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What is Bharat Electronics Inventory Turnover?

Bharat Electronics NSE:BEL -0.32% 99 Inventory Turnover is 0.52 as of Mar. 2026. GuruFocus rates NSE:BEL with a GF Score™ of 99/100 and a GF Value™ of ₹398.63 (Fairly Valued).

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. Bharat Electronics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹52,940 Mil. Bharat Electronics's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹101,755 Mil. Bharat Electronics's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bharat Electronics's Days Inventory for the three months ended in Mar. 2026 was 175.39.

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. Bharat Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.00.

Bharat Electronics  (NSE:BEL) 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.

Bharat Electronics'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
=101755.3/52940.2*365 / 4
=175.39

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.

Bharat Electronics'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 )
=101755.3 / 102244.3
=1.00

* 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.

Bharat Electronics Inventory Turnover Related Terms

Bharat Electronics Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Bharat Electronics'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.

Bharat Electronics Inventory Turnover Chart

Bharat Electronics 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 1.69 1.63 1.52 1.47 1.45

Bharat Electronics 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 0.52 0.23 0.28 0.37 0.52
NSE:BEL
99GF Score
Bharat Electronics Ltd NSE:BEL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Electronics Inventory Turnover Calculation

Bharat Electronics'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 )
=140331.5 / ((91189.8 + 101755.3) / 2 )
=140331.5 / 96472.55
=1.45

Bharat Electronics'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 )
=52940.2 / ((0 + 101755.3) / 1 )
=52940.2 / 101755.3
=0.52

* 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 0.52 mean?
Bharat Electronics (NSE:BEL) has a Inventory Turnover of 0.52 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Bharat Electronics and its competitors.
Is Bharat Electronics' Inventory Turnover too high?
Bharat Electronics' current Inventory Turnover is 0.52. Overall, Bharat Electronics has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Electronics' Inventory Turnover compare to SPCX and GE?
Bharat Electronics' Inventory Turnover of 0.52 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Bharat Electronics and its competitors. Bharat Electronics's current Inventory Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Electronics (NSE:BEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹398.63, compared to a current price of ₹408.15 — trading 2.4% above its estimated fair value. The current Inventory Turnover is 0.52. Bharat Electronics' overall GF Score™ is 99/100. 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 Bharat Electronics (NSE:BEL), the current Inventory Turnover is 0.52 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 Bharat Electronics (NSE:BEL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Electronics stock appears to be overvalued. The current stock price of ₹408.15 is trading 2.4% above its estimated GF Value™ of ₹398.63. GuruFocus considers Bharat Electronics to be Fairly Valued.

Key valuation signals for NSE:BEL:

  • Inventory Turnover: 0.52
  • GF Value™: ₹398.63 vs. price of ₹408.15 (2.4% above fair value)
  • GF Score™: 99/100

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

Bharat Electronics Business Description

Other Exchanges 500049:India
Address Outer Ring Road, Nagavara, Bengaluru, KA, IND, 560045
Bharat Electronics Ltd is an aerospace and defense company predominantly owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers, among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India, and it also has international customers from countries like the United Kingdom, Israel, and others.
99GF Score

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

₹408.15
Price
₹398.63
GF Value