Classic Electrodes (India) (NSE:CLASSICEIL) Inventory Turnover: 2.61 (As of Mar. 2026)


NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
27 GF Score
Price ₹50.10
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What is Classic Electrodes (India) Inventory Turnover?

Classic Electrodes (India) NSE:CLASSICEIL +4.92% 27 Inventory Turnover is 2.61 as of Mar. 2026. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 27/100.

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. Classic Electrodes (India)'s Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,042 Mil. Classic Electrodes (India)'s Average Total Inventories for the quarter that ended in Mar. 2026 was ₹399 Mil. Classic Electrodes (India)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 2.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Classic Electrodes (India)'s Days Inventory for the six months ended in Mar. 2026 was 69.94.

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. Classic Electrodes (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.33.

Classic Electrodes (India)  (NSE:CLASSICEIL) 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.

Classic Electrodes (India)'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
=399.195/1041.699*365 / 2
=69.94

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.

Classic Electrodes (India)'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 )
=399.195 / 1208.078
=0.33

* 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.

Classic Electrodes (India) Inventory Turnover Related Terms

Classic Electrodes (India) Inventory Turnover Historical Data

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The historical data trend for Classic Electrodes (India)'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.

Classic Electrodes (India) Inventory Turnover Chart

Classic Electrodes (India) Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
5.71 6.46 6.20 5.40 5.57

Classic Electrodes (India) Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 0.00 2.82 0.00 2.57 2.61
NSE:CLASSICEIL
27GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Classic Electrodes (India) Inventory Turnover Calculation

Classic Electrodes (India)'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 )
=2117.742 / ((0 + 380.16) / 1 )
=2117.742 / 380.16
=5.57

Classic Electrodes (India)'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 )
=1041.699 / ((418.23 + 380.16) / 2 )
=1041.699 / 399.195
=2.61

* 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 2.61 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Inventory Turnover of 2.61 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Classic Electrodes (India) and its competitors.
Is Classic Electrodes (India)'s Inventory Turnover too high?
Classic Electrodes (India)'s current Inventory Turnover is 2.61. Overall, Classic Electrodes (India) has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Inventory Turnover compare to VRT and BE?
Classic Electrodes (India)'s Inventory Turnover of 2.61 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 Classic Electrodes (India) and its competitors. Classic Electrodes (India)'s current Inventory Turnover is 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Inventory Turnover of 2.61. The current Inventory Turnover is 2.61. Classic Electrodes (India)'s overall GF Score™ is 27/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Inventory Turnover is 2.61 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.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
27GF 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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