Exide Industries (NSE:EXIDEIND) Inventory Turnover: 0.81 (As of Mar. 2026)

What is Exide Industries Inventory Turnover?

Exide Industries NSE:EXIDEIND -0.66% 85 Inventory Turnover is 0.81 as of Mar. 2026. GuruFocus rates NSE:EXIDEIND with a GF Score™ of 85/100 and a GF Value™ of ₹390.68 (Fairly Valued). The stock has 9 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. Exide Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹32,385 Mil. Exide Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹40,041 Mil. Exide Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Exide Industries's Days Inventory for the three months ended in Mar. 2026 was 112.82.

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. Exide Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.85.

Exide Industries (NSE:EXIDEIND) 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.

Exide Industries'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
	=	40040.5	/	32384.6	*	365 / 4
	=	112.82

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.

Exide Industries'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 )
	=	40040.5	/	47351.3
	=	0.85

* 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.

Exide Industries Inventory Turnover Related Terms

Exide Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Exide Industries's Inventory Turnover can be seen below:

Exide Industries Inventory Turnover Chart

Exide Industries Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

Get a 7-Day Free Trial

3.21

3.35

3.17

2.80

2.90

Exide Industries 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															0.64	0.69	0.76	0.72	0.81

85GF Score

Exide Industries Ltd NSE:EXIDEIND

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Exide Industries Inventory Turnover Calculation

Exide Industries'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 )
=	124055	/ (	(45649	+	40040.5)	/	2 )
=	124055	/	42844.75
=	2.90

Exide Industries'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 )
=	32384.6	/ (	(0	+	40040.5)	/	1 )
=	32384.6	/	40040.5
=	0.81

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.81 mean?

Exide Industries (NSE:EXIDEIND) has a Inventory Turnover of 0.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Exide Industries and its competitors.

Is Exide Industries' Inventory Turnover too high?

Exide Industries' current Inventory Turnover is 0.81. Overall, Exide Industries has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Exide Industries' Inventory Turnover compare to ORLY and AZO?

Exide Industries' Inventory Turnover of 0.81 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?

A good Inventory Turnover depends on the Vehicles & Parts 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 Exide Industries and its competitors. Exide Industries's current Inventory Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Exide Industries stock overvalued right now?

Based on GuruFocus' analysis, Exide Industries (NSE:EXIDEIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹390.68, compared to a current price of ₹416.60 — trading 6.6% above its estimated fair value. The current Inventory Turnover is 0.81. Exide Industries' overall GF Score™ is 85/100 with 9 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 Exide Industries (NSE:EXIDEIND), the current Inventory Turnover is 0.81 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 Exide Industries (NSE:EXIDEIND) Overvalued in 2026?

Based on GuruFocus' analysis, Exide Industries stock appears to be overvalued. The current stock price of ₹416.60 is trading 6.6% above its estimated GF Value™ of ₹390.68. GuruFocus considers Exide Industries to be Fairly Valued.

Key valuation signals for NSE:EXIDEIND:

Inventory Turnover: 0.81
GF Value™: ₹390.68 vs. price of ₹416.60 (6.6% above fair value)
GF Score™: 85/100 with 9 warning signs

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

Exide Industries Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies NSE:ZFCVINDIA NSE:ENDURANCE BOM:543300 BOM:543498 BOM:520056 BOM:500877 BOM:543276 NSE:TENNIND NSE:BALKRISIND BOM:515030 ORLY TSE:5802 AZO TSE:6902 XKRX:012330 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG

Other Exchanges 500086:India

Address 59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020

Website https://www.exideindustries.com

Exide Industries Ltd is mainly engaged in the manufacturing of Storage Batteries and allied products in India. The company's products are Four Wheeler Batteries, Three Wheeler Batteries, Two Wheeler Batteries, E-Rickshaw Batteries, INVERTER SYSTEMS, Inverter Batteries, Institutional UPS Batteries, GENSET BATTERIES, Exide's Solar Portfolio, INFRASTRUCTURE BATTERIES, Battery Energy Storage Solution, SUBMARINE BATTERIES, etc. The Company has identified two operating segments viz, Automotive and Industrial. The two operating segments have been aggregated as single operating segment of storage batteries and allied products. The The Company mainly operates in India and also generates majority of revenue from India followed by Overseas.

85GF Score

Get the complete analysis for NSE:EXIDEIND

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

₹416.60

Price

₹390.68

GF Value

View NSE:EXIDEIND Analysis

See Inventory Turnover data for all stocks →