Cords Cable Industries (NSE:CORDSCABLE) Inventory Turnover: 1.90 (As of Mar. 2026)

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NSE:CORDSCABLE Cords Cable Industries Ltd NSE:CORDSCABLE
83 GF Score
Price ₹203.05
GF Value ₹223.56
Valuation Fairly Valued
! 3 Warning Signs
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What is Cords Cable Industries Inventory Turnover?

Cords Cable Industries NSE:CORDSCABLE +1.19% 83 Inventory Turnover is 1.90 as of Mar. 2026. GuruFocus rates NSE:CORDSCABLE with a GF Score™ of 83/100 and a GF Value™ of ₹223.56 (Fairly Valued). The stock has 3 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. Cords Cable Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,211 Mil. Cords Cable Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,165 Mil. Cords Cable Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cords Cable Industries's Days Inventory for the three months ended in Mar. 2026 was 48.07.

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. Cords Cable Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.44.

Cords Cable Industries  (NSE:CORDSCABLE) 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.

Cords Cable Industries'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
=1164.819/2211.039*365 / 4
=48.07

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.

Cords Cable Industries'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 )
=1164.819 / 2668.968
=0.44

* 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.

Cords Cable Industries Inventory Turnover Related Terms

Cords Cable Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Cords Cable Industries'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.

Cords Cable Industries Inventory Turnover Chart

Cords Cable Industries 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 5.54 6.57 8.04 9.10 8.24

Cords Cable Industries 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 2.59 2.52 1.92 1.99 1.90
NSE:CORDSCABLE
83GF Score
Cords Cable Industries Ltd NSE:CORDSCABLE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cords Cable Industries Inventory Turnover Calculation

Cords Cable Industries'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 )
=7814.108 / ((731.394 + 1164.819) / 2 )
=7814.108 / 948.1065
=8.24

Cords Cable Industries'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 )
=2211.039 / ((0 + 1164.819) / 1 )
=2211.039 / 1164.819
=1.90

* 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 1.90 mean?
Cords Cable Industries (NSE:CORDSCABLE) has a Inventory Turnover of 1.90 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cords Cable Industries and its competitors.
Is Cords Cable Industries' Inventory Turnover too high?
Cords Cable Industries' current Inventory Turnover is 1.90. Overall, Cords Cable Industries has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cords Cable Industries' Inventory Turnover compare to VRT and BE?
Cords Cable Industries' Inventory Turnover of 1.90 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 Cords Cable Industries and its competitors. Cords Cable Industries's current Inventory Turnover is 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cords Cable Industries stock overvalued right now?
Based on GuruFocus' analysis, Cords Cable Industries (NSE:CORDSCABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹223.56, compared to a current price of ₹203.05 — trading 9.2% below its estimated fair value. The current Inventory Turnover is 1.90. Cords Cable Industries' overall GF Score™ is 83/100 with 3 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 Cords Cable Industries (NSE:CORDSCABLE), the current Inventory Turnover is 1.90 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 Cords Cable Industries (NSE:CORDSCABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Cords Cable Industries stock appears to be undervalued. The current stock price of ₹203.05 is trading 9.2% below its estimated GF Value™ of ₹223.56. GuruFocus considers Cords Cable Industries to be Fairly Valued.

Key valuation signals for NSE:CORDSCABLE:

  • Inventory Turnover: 1.90
  • GF Value™: ₹223.56 vs. price of ₹203.05 (9.2% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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

Cords Cable Industries Business Description

Other Exchanges 532941:India
Address Shambhu Dayal Bagh Marg, Near Okhla Industrial Area Phase-III, 94, First Floor, Old Ishwar Nagar, New Delhi, IND, 110020
Cords Cable Industries Ltd is engaged in offering electrical wires and cables. It is focused on specialized control and instrumentation cables. It designs, develops and manufactures a varied range of Instrumentation, Control, Thermocouple Extension/ Compensating, Power and Communication cables. The company's products include Fieldbus Cables, FireSave-Fire Survival Cables, EPR Cables, XtremeTemp - Low Temperature Cables, ToxFree-Low Smoke Zero Halogen Cables, Oil and Gas Cables, Water Desalination and Special Custom Designed Hybrid Cables and Cordsol- photovoltaic (PV) Solar Cables.
83GF Score

Get the complete analysis for NSE:CORDSCABLE

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

₹203.05
Price
₹223.56
GF Value