Garware Technical Fibres (NSE:GARFIBRES) Inventory Turnover: 0.32 (As of Mar. 2026)

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NSE:GARFIBRES Garware Technical Fibres Ltd NSE:GARFIBRES
97 GF Score
Price ₹779.00
GF Value ₹830.03
Valuation Fairly Valued
! 3 Warning Signs
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What is Garware Technical Fibres Inventory Turnover?

Garware Technical Fibres NSE:GARFIBRES +0.63% 97 Inventory Turnover is 0.32 as of Mar. 2026. GuruFocus rates NSE:GARFIBRES with a GF Score™ of 97/100 and a GF Value™ of ₹830.03 (Fairly Valued). The stock has 3 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. Garware Technical Fibres's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,291 Mil. Garware Technical Fibres's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹3,986 Mil. Garware Technical Fibres's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Garware Technical Fibres's Days Inventory for the three months ended in Mar. 2026 was 281.79.

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. Garware Technical Fibres's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.93.


Garware Technical Fibres  (NSE:GARFIBRES) 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.

Garware Technical Fibres'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
=3985.974/1290.733*365 / 4
=281.79

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.

Garware Technical Fibres'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 )
=3985.974 / 4264.147
=0.93

* 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.


Garware Technical Fibres Inventory Turnover Related Terms


Garware Technical Fibres Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Inventory Turnover Chart

Garware Technical Fibres 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 2.15 2.32 1.94 1.65 1.36

Garware Technical Fibres 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 0.48 0.39 0.29 0.31 0.32
NSE:GARFIBRES
97GF Score
Garware Technical Fibres Ltd NSE:GARFIBRES
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Technical Fibres Inventory Turnover Calculation

Garware Technical Fibres'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 )
=4539.151 / ((2696.208 + 3985.974) / 2 )
=4539.151 / 3341.091
=1.36

Garware Technical Fibres'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 )
=1290.733 / ((0 + 3985.974) / 1 )
=1290.733 / 3985.974
=0.32

* 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 0.32 mean?
Garware Technical Fibres (NSE:GARFIBRES) has a Inventory Turnover of 0.32 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Garware Technical Fibres and its competitors.
Is Garware Technical Fibres' Inventory Turnover too high?
Garware Technical Fibres' current Inventory Turnover is 0.32. Overall, Garware Technical Fibres has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' Inventory Turnover compare to competitors?
Garware Technical Fibres' Inventory Turnover of 0.32 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Garware Technical Fibres and its competitors. Garware Technical Fibres's current Inventory Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Fairly Valued. The stock's GF Value™ is ₹830.03, compared to a current price of ₹779.00 — trading 6.1% below its estimated fair value. The current Inventory Turnover is 0.32. Garware Technical Fibres' overall GF Score™ is 97/100 with 3 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 Garware Technical Fibres (NSE:GARFIBRES), the current Inventory Turnover is 0.32 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 Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued. The current stock price of ₹779.00 is trading 6.1% below its estimated GF Value™ of ₹830.03. GuruFocus considers Garware Technical Fibres to be Fairly Valued.

Key valuation signals for NSE:GARFIBRES:

  • Inventory Turnover: 0.32
  • GF Value™: ₹830.03 vs. price of ₹779.00 (6.1% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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


Garware Technical Fibres Business Description

Other Exchanges 509557:India
Address Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
97GF Score

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

₹779.00
Price
₹830.03
GF Value