Essar Shipping (NSE:ESSARSHPNG) Inventory Turnover: 1.37 (As of Mar. 2026)


NSE:ESSARSHPNG Essar Shipping Ltd NSE:ESSARSHPNG
44 GF Score
Price ₹22.64
GF Value ₹1.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Essar Shipping Inventory Turnover?

Essar Shipping NSE:ESSARSHPNG +1.03% 44 Inventory Turnover is 1.37 as of Mar. 2026. GuruFocus rates NSE:ESSARSHPNG with a GF Score™ of 44/100 and a GF Value™ of ₹1.06 (Significantly Overvalued). The stock has 7 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. Essar Shipping's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹15.10 Mil. Essar Shipping's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹11.00 Mil. Essar Shipping's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Essar Shipping's Days Inventory for the three months ended in Mar. 2026 was 66.47.

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. Essar Shipping's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 27.50.

Essar Shipping  (NSE:ESSARSHPNG) 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.

Essar Shipping'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
=11/15.1*365 / 4
=66.47

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.

Essar Shipping'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 )
=11 / 0.4
=27.50

* 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.

Essar Shipping Inventory Turnover Related Terms

Essar Shipping Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Essar Shipping'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.

Essar Shipping Inventory Turnover Chart

Essar Shipping 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 22.81 7.77 30.79 11.33 6.05

Essar Shipping 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 -0.88 1.75 3.78 3.07 1.37
NSE:ESSARSHPNG
44GF Score
Essar Shipping Ltd NSE:ESSARSHPNG
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Essar Shipping Inventory Turnover Calculation

Essar Shipping'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 )
=63.2 / ((9.9 + 11) / 2 )
=63.2 / 10.45
=6.05

Essar Shipping'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 )
=15.1 / ((0 + 11) / 1 )
=15.1 / 11
=1.37

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.37 mean?
Essar Shipping (NSE:ESSARSHPNG) has a Inventory Turnover of 1.37 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Essar Shipping and its competitors.
Is Essar Shipping's Inventory Turnover too high?
Essar Shipping's current Inventory Turnover is 1.37. Overall, Essar Shipping has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's Inventory Turnover compare to competitors?
Essar Shipping's Inventory Turnover of 1.37 can be compared against companies in the Transportation 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 Transportation company?
A good Inventory Turnover depends on the Transportation 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 Essar Shipping and its competitors. Essar Shipping's current Inventory Turnover is 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (NSE:ESSARSHPNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.06, compared to a current price of ₹22.64 — trading 2035.8% above its estimated fair value. The current Inventory Turnover is 1.37. Essar Shipping's overall GF Score™ is 44/100 with 7 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 Essar Shipping (NSE:ESSARSHPNG), the current Inventory Turnover is 1.37 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 Essar Shipping (NSE:ESSARSHPNG) Overvalued in 2026?

Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued. The current stock price of ₹22.64 is trading 2035.8% above its estimated GF Value™ of ₹1.06. GuruFocus considers Essar Shipping to be Significantly Overvalued.

Key valuation signals for NSE:ESSARSHPNG:

  • Inventory Turnover: 1.37
  • GF Value™: ₹1.06 vs. price of ₹22.64 (2035.8% above fair value)
  • GF Score™: 44/100 with 7 warning signs

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

Essar Shipping Business Description

Other Exchanges 533704:India
Address 11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
44GF Score

Get the complete analysis for NSE:ESSARSHPNG

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

₹22.64
Price
₹1.06
GF Value