Confidence Petroleum India (NSE:CONFIPET) Inventory Turnover: 5.00 (As of Mar. 2026)

What is Confidence Petroleum India Inventory Turnover?

Confidence Petroleum India NSE:CONFIPET -4.20% 87 Inventory Turnover is 5.00 as of Mar. 2026. GuruFocus rates NSE:CONFIPET with a GF Score™ of 87/100 and a GF Value™ of ₹126.49 (Significantly Undervalued). The stock has 8 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. Confidence Petroleum India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹10,470 Mil. Confidence Petroleum India's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹2,093 Mil. Confidence Petroleum India's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Confidence Petroleum India's Days Inventory for the three months ended in Mar. 2026 was 18.24.

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. Confidence Petroleum India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.17.

Confidence Petroleum India (NSE:CONFIPET) 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.

Confidence Petroleum India'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
	=	2092.9	/	10469.6	*	365 / 4
	=	18.24

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.

Confidence Petroleum 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 )
	=	2092.9	/	12156.9
	=	0.17

* 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.

Confidence Petroleum India Inventory Turnover Related Terms

Confidence Petroleum India Inventory Turnover Historical Data

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The historical data trend for Confidence Petroleum India's Inventory Turnover can be seen below:

Confidence Petroleum India Inventory Turnover Chart

Confidence Petroleum India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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12.63

9.40

9.47

11.75

18.02

Confidence Petroleum India 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															3.14	3.77	3.65	5.62	5.00

87GF Score

Confidence Petroleum India Ltd NSE:CONFIPET

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Confidence Petroleum India Inventory Turnover Calculation

Confidence Petroleum 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 )
=	41280.9	/ (	(2488.1	+	2092.9)	/	2 )
=	41280.9	/	2290.5
=	18.02

Confidence Petroleum 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: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	10469.6	/ (	(0	+	2092.9)	/	1 )
=	10469.6	/	2092.9
=	5.00

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 5.00 mean?

Confidence Petroleum India (NSE:CONFIPET) has a Inventory Turnover of 5.00 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Confidence Petroleum India and its competitors.

Is Confidence Petroleum India's Inventory Turnover too high?

Confidence Petroleum India's current Inventory Turnover is 5.00. Overall, Confidence Petroleum India has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Confidence Petroleum India's Inventory Turnover compare to VLO and MPC?

Confidence Petroleum India's Inventory Turnover of 5.00 can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 Confidence Petroleum India and its competitors. Confidence Petroleum India's current Inventory Turnover is 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Confidence Petroleum India stock overvalued right now?

Based on GuruFocus' analysis, Confidence Petroleum India (NSE:CONFIPET) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹126.49, compared to a current price of ₹74.17 — trading 41.4% below its estimated fair value. The current Inventory Turnover is 5.00. Confidence Petroleum India's overall GF Score™ is 87/100 with 8 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 Confidence Petroleum India (NSE:CONFIPET), the current Inventory Turnover is 5.00 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 Confidence Petroleum India (NSE:CONFIPET) Overvalued in 2026?

Based on GuruFocus' analysis, Confidence Petroleum India stock appears to be undervalued. The current stock price of ₹74.17 is trading 41.4% below its estimated GF Value™ of ₹126.49. GuruFocus considers Confidence Petroleum India to be Significantly Undervalued.

Key valuation signals for NSE:CONFIPET:

Inventory Turnover: 5.00
GF Value™: ₹126.49 vs. price of ₹74.17 (41.4% below fair value)
GF Score™: 87/100 with 8 warning signs

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

Confidence Petroleum India Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:524820 BOM:544029 BOM:544545 NSE:NEPTUNE BOM:532543 BOM:532435 BOM:523232 BOM:544163 NSE:ARABIAN BOM:524675 NSE:RELIANCE VLO MPC PSX XKAZ:KMGZ OHEL:NESTE NSE:IOC TSE:5020 TPE:6505 BOM:500547

Other Exchanges 526829:India

Address Plot No. 79, Marol Industrial Estate, 701, Shivai Plaza Premises Chs Ltd, Near Mahalaxmi Hotel, Andheri (East), Mumbai, MH, IND, 400059

Website https://www.confidencegroup.co

Confidence Petroleum India Ltd is an Indian manufacturer of LPG (liquefied petroleum gas) Cylinders. The company provides CNG (Compressed Natural Gas) and high-pressure cylinders, LPG cylinders, LPG bottling services, and others. Its segments are the Cylinder Division and LPG Division, of which key revenue is derived from the LPG Division which involves LPG marketing and bottling business and other related activities.

87GF Score

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

₹74.17

Price

₹126.49

GF Value

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