eClerx Services (NSE:ECLERX) Inventory Turnover: 1,132.25 (As of Mar. 2026)


NSE:ECLERX eClerx Services Ltd NSE:ECLERX
90 GF Score
Price ₹1,621.70
GF Value ₹2,006.51
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is eClerx Services Inventory Turnover?

eClerx Services NSE:ECLERX +4.20% 90 Inventory Turnover is 1,132.25 as of Mar. 2026. GuruFocus rates NSE:ECLERX with a GF Score™ of 90/100 and a GF Value™ of ₹2,006.51 (Modestly Undervalued). The stock has 2 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. eClerx Services's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹7,065 Mil. eClerx Services's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹6 Mil. eClerx Services's Inventory Turnover for the quarter that ended in Mar. 2026 was 1,132.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. eClerx Services's Days Inventory for the three months ended in Mar. 2026 was 0.08.

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. eClerx Services's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.


eClerx Services  (NSE:ECLERX) 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.

eClerx Services'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
=6.24/7065.21*365 / 4
=0.08

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.

eClerx Services'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 )
=6.24 / 11072.87
=0.00

* 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.


eClerx Services Inventory Turnover Related Terms


eClerx Services Inventory Turnover Historical Data

* Premium members only.

The historical data trend for eClerx Services'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.

eClerx Services Inventory Turnover Chart

eClerx Services 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 2,899.23 3,184.21 3,129.59 4,924.74 6,151.15

eClerx Services 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 2,487.33 2,657.14 2,540.12 2,732.56 1,132.25
NSE:ECLERX
90GF Score
eClerx Services Ltd NSE:ECLERX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eClerx Services Inventory Turnover Calculation

eClerx Services'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 )
=26173.14 / ((2.27 + 6.24) / 2 )
=26173.14 / 4.255
=6,151.15

eClerx Services'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 )
=7065.21 / ((0 + 6.24) / 1 )
=7065.21 / 6.24
=1,132.25

* 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 1,132.25 mean?
eClerx Services (NSE:ECLERX) has a Inventory Turnover of 1,132.25 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on eClerx Services and its competitors.
Is eClerx Services' Inventory Turnover too high?
eClerx Services' current Inventory Turnover is 1,132.25. Overall, eClerx Services has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' Inventory Turnover compare to IBM and ACN?
eClerx Services' Inventory Turnover of 1,132.25 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 eClerx Services and its competitors. eClerx Services's current Inventory Turnover is 1,132.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (NSE:ECLERX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,006.51, compared to a current price of ₹1,621.70 — trading 19.2% below its estimated fair value. The current Inventory Turnover is 1,132.25. eClerx Services' overall GF Score™ is 90/100 with 2 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 eClerx Services (NSE:ECLERX), the current Inventory Turnover is 1,132.25 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 eClerx Services (NSE:ECLERX) Overvalued in 2026?

Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued. The current stock price of ₹1,621.70 is trading 19.2% below its estimated GF Value™ of ₹2,006.51. GuruFocus considers eClerx Services to be Modestly Undervalued.

Key valuation signals for NSE:ECLERX:

  • Inventory Turnover: 1,132.25
  • GF Value™: ₹2,006.51 vs. price of ₹1,621.70 (19.2% below fair value)
  • GF Score™: 90/100 with 2 warning signs

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


eClerx Services Business Description

Other Exchanges 532927:India
Address Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
90GF Score

Get the complete analysis for NSE:ECLERX

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

₹1,621.70
Price
₹2,006.51
GF Value