Grand Foundry (NSE:GFSTEELS) Inventory Turnover: 20.32 (As of Jun. 2026)

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NSE:GFSTEELS Grand Foundry Ltd NSE:GFSTEELS
15 GF Score
Price ₹14.29
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What is Grand Foundry Inventory Turnover?

Grand Foundry NSE:GFSTEELS 15 Inventory Turnover is 20.32 as of Jun. 2026. GuruFocus rates NSE:GFSTEELS with a GF Score™ of 15/100. 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. Grand Foundry's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹171.8 Mil. Grand Foundry's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹8.5 Mil. Grand Foundry's Inventory Turnover for the quarter that ended in Jun. 2026 was 20.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Foundry's Days Inventory for the three months ended in Jun. 2026 was 4.49.

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. Grand Foundry's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.04.

Grand Foundry  (NSE:GFSTEELS) 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.

Grand Foundry's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=8.456/171.839*365 / 4
=4.49

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.

Grand Foundry's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=8.456 / 196.491
=0.04

* 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.

Grand Foundry Inventory Turnover Related Terms

Grand Foundry Inventory Turnover Historical Data

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The historical data trend for Grand Foundry'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.

Grand Foundry Inventory Turnover Chart

Grand Foundry 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 0.00 0.00 0.00 0.00 10.83

Grand Foundry Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 10.83 20.32
NSE:GFSTEELS
15GF Score
Grand Foundry Ltd NSE:GFSTEELS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Foundry Inventory Turnover Calculation

Grand Foundry'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 )
=91.547 / ((0 + 8.456) / 1 )
=91.547 / 8.456
=10.83

Grand Foundry's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=171.839 / ((8.456 + 0) / 1 )
=171.839 / 8.456
=20.32

* 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 20.32 mean?
Grand Foundry (NSE:GFSTEELS) has a Inventory Turnover of 20.32 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Grand Foundry and its competitors.
Is Grand Foundry's Inventory Turnover too high?
Grand Foundry's current Inventory Turnover is 20.32. Overall, Grand Foundry has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Grand Foundry's Inventory Turnover compare to NUE and STLD?
Grand Foundry's Inventory Turnover of 20.32 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Grand Foundry and its competitors. Grand Foundry's current Inventory Turnover is 20.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Foundry stock overvalued right now?
Grand Foundry (NSE:GFSTEELS) has a current Inventory Turnover of 20.32. The current Inventory Turnover is 20.32. Grand Foundry's overall GF Score™ is 15/100 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 Grand Foundry (NSE:GFSTEELS), the current Inventory Turnover is 20.32 as of Jun. 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.

Grand Foundry Business Description

Other Exchanges 513343:India
Address Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, Mumbai, MH, IND, 400093
Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.
15GF Score

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