Dredging of India (NSE:DREDGECORP) Inventory Turnover: 1.26 (As of Mar. 2026)

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NSE:DREDGECORP Dredging Corp of India Ltd NSE:DREDGECORP
65 GF Score
Price ₹1,003.30
GF Value ₹869.14
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dredging of India Inventory Turnover?

Dredging of India NSE:DREDGECORP +1.90% 65 Inventory Turnover is 1.26 as of Mar. 2026. GuruFocus rates NSE:DREDGECORP with a GF Score™ of 65/100 and a GF Value™ of ₹869.14 (Modestly Overvalued). The stock has 4 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. Dredging of India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,221 Mil. Dredging of India's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,760 Mil. Dredging of India's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dredging of India's Days Inventory for the three months ended in Mar. 2026 was 72.33.

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. Dredging of India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.37.


Dredging of India  (NSE:DREDGECORP) 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.

Dredging of 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
=1760.298/2220.896*365 / 4
=72.33

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.

Dredging of 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 )
=1760.298 / 4782.302
=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.


Dredging of India Inventory Turnover Related Terms


Dredging of India Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Dredging of 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.

Dredging of India Inventory Turnover Chart

Dredging of 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 1.15 2.24 1.72 2.66 2.46

Dredging of 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 0.57 0.30 0.27 0.45 1.26
NSE:DREDGECORP
65GF Score
Dredging Corp of India Ltd NSE:DREDGECORP
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Dredging of India Inventory Turnover Calculation

Dredging of 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 )
=3823.234 / ((1340.859 + 1762.692) / 2 )
=3823.234 / 1551.7755
=2.46

Dredging of 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 )
=2220.896 / ((1757.904 + 1762.692) / 2 )
=2220.896 / 1760.298
=1.26

* 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 1.26 mean?
Dredging of India (NSE:DREDGECORP) has a Inventory Turnover of 1.26 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Dredging of India and its competitors.
Is Dredging of India's Inventory Turnover too high?
Dredging of India's current Inventory Turnover is 1.26. Overall, Dredging of India has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dredging of India's Inventory Turnover compare to PWR and FIX?
Dredging of India's Inventory Turnover of 1.26 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Dredging of India and its competitors. Dredging of India's current Inventory Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dredging of India stock overvalued right now?
Based on GuruFocus' analysis, Dredging of India (NSE:DREDGECORP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹869.14, compared to a current price of ₹1,003.30 — trading 15.4% above its estimated fair value. The current Inventory Turnover is 1.26. Dredging of India's overall GF Score™ is 65/100 with 4 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 Dredging of India (NSE:DREDGECORP), the current Inventory Turnover is 1.26 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 Dredging of India (NSE:DREDGECORP) Overvalued in 2026?

Based on GuruFocus' analysis, Dredging of India stock appears to be overvalued. The current stock price of ₹1,003.30 is trading 15.4% above its estimated GF Value™ of ₹869.14. GuruFocus considers Dredging of India to be Modestly Overvalued.

Key valuation signals for NSE:DREDGECORP:

  • Inventory Turnover: 1.26
  • GF Value™: ₹869.14 vs. price of ₹1,003.30 (15.4% above fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Dredging of India Business Description

Other Exchanges 523618:India
Address HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022
Dredging Corp of India Ltd provides integrated dredging and related marine services for ports, maritime trade, beach nourishment, reclamation, and inland dredging majorly across India. The company operates a fleet of dredgers to deepen and maintain sea coasts, river sides, canals, and ports, supporting expanding port operations driven by government initiatives such as the Sagarmala Programme. It also pursues business opportunities in overseas markets including the Middle East, Southeast Asia, and South Asia. Revenue is generated through contracts with majority ports and maritime organizations, as well as emerging industrial and infrastructure projects requiring dredging services.
65GF Score

Get the complete analysis for NSE:DREDGECORP

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

₹1,003.30
Price
₹869.14
GF Value