Clean Max Enviro Energy Solutions (NSE:CLEANMAX) Inventory Turnover: 8.29 (As of Mar. 2026)

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NSE:CLEANMAX Clean Max Enviro Energy Solutions Ltd NSE:CLEANMAX
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What is Clean Max Enviro Energy Solutions Inventory Turnover?

Clean Max Enviro Energy Solutions NSE:CLEANMAX +1.04% 10 Inventory Turnover is 8.29 as of Mar. 2026. GuruFocus rates NSE:CLEANMAX with a GF Score™ of 10/100. The stock has 7 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. Clean Max Enviro Energy Solutions's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹2,984 Mil. Clean Max Enviro Energy Solutions's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹360 Mil. Clean Max Enviro Energy Solutions's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Clean Max Enviro Energy Solutions's Days Inventory for the six months ended in Mar. 2026 was 22.02.

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. Clean Max Enviro Energy Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.


Clean Max Enviro Energy Solutions  (NSE:CLEANMAX) 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.

Clean Max Enviro Energy Solutions'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
=360.01/2984.27*365 / 2
=22.02

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.

Clean Max Enviro Energy Solutions'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 )
=360.01 / 9765.3
=0.04

* 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.


Clean Max Enviro Energy Solutions Inventory Turnover Related Terms


Clean Max Enviro Energy Solutions Inventory Turnover Historical Data

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The historical data trend for Clean Max Enviro Energy Solutions'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.

Clean Max Enviro Energy Solutions Inventory Turnover Chart

Clean Max Enviro Energy Solutions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
5.57 7.74 8.93 10.91

Clean Max Enviro Energy Solutions Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 0.00 2.87 5.68 4.84 8.29
NSE:CLEANMAX
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Clean Max Enviro Energy Solutions Ltd NSE:CLEANMAX
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Clean Max Enviro Energy Solutions Inventory Turnover Calculation

Clean Max Enviro Energy Solutions'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 )
=5020.92 / ((520.82 + 399.51) / 2 )
=5020.92 / 460.165
=10.91

Clean Max Enviro Energy Solutions'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 )
=2984.27 / ((320.51 + 399.51) / 2 )
=2984.27 / 360.01
=8.29

* 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 8.29 mean?
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a Inventory Turnover of 8.29 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Clean Max Enviro Energy Solutions and its competitors.
Is Clean Max Enviro Energy Solutions' Inventory Turnover too high?
Clean Max Enviro Energy Solutions' current Inventory Turnover is 8.29. Overall, Clean Max Enviro Energy Solutions has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Clean Max Enviro Energy Solutions' Inventory Turnover compare to competitors?
Clean Max Enviro Energy Solutions' Inventory Turnover of 8.29 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Inventory Turnover depends on the Utilities - Independent Power Producers 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 Clean Max Enviro Energy Solutions and its competitors. Clean Max Enviro Energy Solutions's current Inventory Turnover is 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Max Enviro Energy Solutions stock overvalued right now?
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a current Inventory Turnover of 8.29. The current Inventory Turnover is 8.29. Clean Max Enviro Energy Solutions' overall GF Score™ is 10/100 with 7 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 Clean Max Enviro Energy Solutions (NSE:CLEANMAX), the current Inventory Turnover is 8.29 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.

Clean Max Enviro Energy Solutions Business Description

Other Exchanges 544717:India
Address 16 Maharshi Karve Road, New Marine Lines, Cross Road No.1, 4th Floor, The International, Churchgate, Mumbai, MH, IND, 400 020
Clean Max Enviro Energy Solutions Ltd operates as a provider of commercial and industrial renewable energy. It specializes in delivering Net Zero and decarbonization solutions, including supplying renewable power and offering energy services and carbon credit solutions to customers across data centres, AI and technology industries and commercial and industrial enterprises across a range of sectors, including infrastructure, cement, steel, industrial manufacturing, FMCG, pharmaceuticals, and real estate. The company's two business segments are: (i) Renewable Energy Power Sales Segment, and (ii) Renewable Energy Services Segment. The majority of the company's revenue is derived from the Renewable Energy Power Sales Segment, which is focused on the sale of electricity.
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