Grover Jewells (NSE:GJL) Inventory Turnover: 32.52 (As of Mar. 2025)

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NSE:GJL Grover Jewells Ltd NSE:GJL
18 GF Score
Price ₹153.00
! 2 Warning Signs
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What is Grover Jewells Inventory Turnover?

Grover Jewells NSE:GJL -4.38% 18 Inventory Turnover is 32.52 as of Mar. 2025. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 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. Grover Jewells's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹4,451 Mil. Grover Jewells's Average Total Inventories for the quarter that ended in Mar. 2025 was ₹137 Mil. Grover Jewells's Inventory Turnover for the quarter that ended in Mar. 2025 was 32.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grover Jewells's Days Inventory for the six months ended in Mar. 2025 was 5.61.

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. Grover Jewells's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.03.


Grover Jewells  (NSE:GJL) 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.

Grover Jewells's Days Inventory for the six months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=136.8645/4451.123*365 / 2
=5.61

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.

Grover Jewells's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=136.8645 / 4608.029
=0.03

* 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.


Grover Jewells Inventory Turnover Related Terms


Grover Jewells Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Grover Jewells'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.

Grover Jewells Inventory Turnover Chart

Grover Jewells Annual Data
Trend Mar23 Mar24 Mar25
Inventory Turnover
31.62 32.50 32.52

Grover Jewells Semi-Annual Data
Mar23 Mar24 Mar25
Inventory Turnover 31.62 32.50 32.52
NSE:GJL
18GF Score
Grover Jewells Ltd NSE:GJL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Grover Jewells Inventory Turnover Calculation

Grover Jewells's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=4451.123 / ((75.204 + 198.525) / 2 )
=4451.123 / 136.8645
=32.52

Grover Jewells's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=4451.123 / ((75.204 + 198.525) / 2 )
=4451.123 / 136.8645
=32.52

* 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 32.52 mean?
Grover Jewells (NSE:GJL) has a Inventory Turnover of 32.52 as of Mar. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Grover Jewells and its competitors.
Is Grover Jewells' Inventory Turnover too high?
Grover Jewells' current Inventory Turnover is 32.52. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' Inventory Turnover compare to TPR?
Grover Jewells' Inventory Turnover of 32.52 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Grover Jewells and its competitors. Grover Jewells's current Inventory Turnover is 32.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current Inventory Turnover of 32.52. The current Inventory Turnover is 32.52. Grover Jewells' overall GF Score™ is 18/100 with 2 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 Grover Jewells (NSE:GJL), the current Inventory Turnover is 32.52 as of Mar. 2025. 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.

Grover Jewells Business Description

Address Lawrance Road Industrial Area, House No C-44/5, 1st Floor, Keshavpuram Ind Area, North West, Delhi, IND, 110035
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF 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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