Dixon Technologies (India) (NSE:DIXON) Inventory Turnover: 2.53 (As of Mar. 2026)

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NSE:DIXON Dixon Technologies (India) Ltd NSE:DIXON
97 GF Score
Price ₹14,329.00
GF Value ₹24,291.56
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dixon Technologies (India) Inventory Turnover?

Dixon Technologies (India) NSE:DIXON -1.23% 97 Inventory Turnover is 2.53 as of Mar. 2026. GuruFocus rates NSE:DIXON with a GF Score™ of 97/100 and a GF Value™ of ₹24,291.56 (Significantly Undervalued). 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. Dixon Technologies (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹97,151 Mil. Dixon Technologies (India)'s Average Total Inventories for the quarter that ended in Mar. 2026 was ₹38,365 Mil. Dixon Technologies (India)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 2.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dixon Technologies (India)'s Days Inventory for the three months ended in Mar. 2026 was 36.04.

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. Dixon Technologies (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.37.

Dixon Technologies (India)  (NSE:DIXON) 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.

Dixon Technologies (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
=38365.2/97150.6*365 / 4
=36.04

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.

Dixon Technologies (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 )
=38365.2 / 105105.1
=0.37

* 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.

Dixon Technologies (India) Inventory Turnover Related Terms

Dixon Technologies (India) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Dixon Technologies (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.

Dixon Technologies (India) Inventory Turnover Chart

Dixon Technologies (India) 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 10.33 10.45 12.13 12.60 11.57

Dixon Technologies (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 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 2.37 2.97 3.57 2.55 2.53
NSE:DIXON
97GF Score
Dixon Technologies (India) Ltd NSE:DIXON
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Dixon Technologies (India) Inventory Turnover Calculation

Dixon Technologies (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 )
=452771.8 / ((39924 + 38365.2) / 2 )
=452771.8 / 39144.6
=11.57

Dixon Technologies (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 )
=97150.6 / ((0 + 38365.2) / 1 )
=97150.6 / 38365.2
=2.53

* 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 2.53 mean?
Dixon Technologies (India) (NSE:DIXON) has a Inventory Turnover of 2.53 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Dixon Technologies (India) and its competitors.
Is Dixon Technologies (India)'s Inventory Turnover too high?
Dixon Technologies (India)'s current Inventory Turnover is 2.53. Overall, Dixon Technologies (India) has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dixon Technologies (India)'s Inventory Turnover compare to AAPL?
Dixon Technologies (India)'s Inventory Turnover of 2.53 can be compared against companies in the Hardware 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 a Hardware company?
A good Inventory Turnover depends on the Hardware 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 Dixon Technologies (India) and its competitors. Dixon Technologies (India)'s current Inventory Turnover is 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dixon Technologies (India) stock overvalued right now?
Based on GuruFocus' analysis, Dixon Technologies (India) (NSE:DIXON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹24,291.56, compared to a current price of ₹14,329.00 — trading 41% below its estimated fair value. The current Inventory Turnover is 2.53. Dixon Technologies (India)'s overall GF Score™ is 97/100 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 Dixon Technologies (India) (NSE:DIXON), the current Inventory Turnover is 2.53 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 Dixon Technologies (India) (NSE:DIXON) Overvalued in 2026?

Based on GuruFocus' analysis, Dixon Technologies (India) stock appears to be undervalued. The current stock price of ₹14,329.00 is trading 41% below its estimated GF Value™ of ₹24,291.56. GuruFocus considers Dixon Technologies (India) to be Significantly Undervalued.

Key valuation signals for NSE:DIXON:

  • Inventory Turnover: 2.53
  • GF Value™: ₹24,291.56 vs. price of ₹14,329.00 (41% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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

Dixon Technologies (India) Business Description

Other Exchanges 540699:India
Address B-14 and 15, Phase-II, District Gautam Buddha Nagar, Noida, UP, IND, 201 305
Dixon Technologies (India) Ltd provides electronic manufacturing services (EMS) to its customers, serving as an original equipment manufacturer (OEM) as well as an original design manufacturer (ODM) for various brands. It is engaged in the in manufacturing of electronic goods such as consumer durables, home appliances, lighting products and mobile phones. It operates in single operating segment: Electronics Goods. The company engages in domestic sales of goods as well as exports its products outside India, of which a majority of its revenue is generated from the domestic market.
97GF Score

Get the complete analysis for NSE:DIXON

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

₹14,329.00
Price
₹24,291.56
GF Value