Excellent Wires and Packaging (NSE:EXCELLENT) Inventory Turnover: 3.20 (As of Mar. 2026)


NSE:EXCELLENT Excellent Wires and Packaging Ltd NSE:EXCELLENT
28 GF Score
Price ₹194.05
! 8 Warning Signs
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What is Excellent Wires and Packaging Inventory Turnover?

Excellent Wires and Packaging NSE:EXCELLENT 28 Inventory Turnover is 3.20 as of Mar. 2026. GuruFocus rates NSE:EXCELLENT with a GF Score™ of 28/100. The stock has 8 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. Excellent Wires and Packaging's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹109.6 Mil. Excellent Wires and Packaging's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹34.3 Mil. Excellent Wires and Packaging's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Excellent Wires and Packaging's Days Inventory for the six months ended in Mar. 2026 was 57.02.

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. Excellent Wires and Packaging's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.27.

Excellent Wires and Packaging  (NSE:EXCELLENT) 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.

Excellent Wires and Packaging's Days Inventory for the six 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
=34.257/109.642*365 / 2
=57.02

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.

Excellent Wires and Packaging'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 )
=34.257 / 127.167
=0.27

* 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.

Excellent Wires and Packaging Inventory Turnover Related Terms

Excellent Wires and Packaging Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Excellent Wires and Packaging'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.

Excellent Wires and Packaging Inventory Turnover Chart

Excellent Wires and Packaging Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
7.92 12.52 9.14 7.42 5.15

Excellent Wires and Packaging Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 4.77 4.84 3.10 2.82 3.20
NSE:EXCELLENT
28GF Score
Excellent Wires and Packaging Ltd NSE:EXCELLENT
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Excellent Wires and Packaging Inventory Turnover Calculation

Excellent Wires and Packaging'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 )
=195.488 / ((34.159 + 41.742) / 2 )
=195.488 / 37.9505
=5.15

Excellent Wires and Packaging'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=109.642 / ((26.772 + 41.742) / 2 )
=109.642 / 34.257
=3.20

* 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 3.20 mean?
Excellent Wires and Packaging (NSE:EXCELLENT) has a Inventory Turnover of 3.20 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Excellent Wires and Packaging and its competitors.
Is Excellent Wires and Packaging's Inventory Turnover too high?
Excellent Wires and Packaging's current Inventory Turnover is 3.20. Overall, Excellent Wires and Packaging has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Excellent Wires and Packaging's Inventory Turnover compare to VRT and BE?
Excellent Wires and Packaging's Inventory Turnover of 3.20 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 Excellent Wires and Packaging and its competitors. Excellent Wires and Packaging's current Inventory Turnover is 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excellent Wires and Packaging stock overvalued right now?
Excellent Wires and Packaging (NSE:EXCELLENT) has a current Inventory Turnover of 3.20. The current Inventory Turnover is 3.20. Excellent Wires and Packaging's overall GF Score™ is 28/100 with 8 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 Excellent Wires and Packaging (NSE:EXCELLENT), the current Inventory Turnover is 3.20 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.

Excellent Wires and Packaging Business Description

Address Jay Chamundeshwari Industrial Complex, Unit No. 12,13,113 Building 2 S. No. 54, Naikpada, Palghar, Vasai, MH, IND, 401208
Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of Excellent. It also manufactures packaging products like PP Strapping Rolls and BOPP Self-Adhesive Tapes under the brand name of Excellent. The company supplies its products to various industries, viz. Packaging, Engineering, Stationery, Imitation Jewelry, Wires & Cable, etc.
28GF Score

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

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