Gujarat Mineral Development (NSE:GMDCLTD) Inventory Turnover: 5.34 (As of Mar. 2026)


NSE:GMDCLTD Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
64 GF Score
Price ₹597.00
GF Value ₹372.56
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gujarat Mineral Development Inventory Turnover?

Gujarat Mineral Development NSE:GMDCLTD -0.73% 64 Inventory Turnover is 5.34 as of Mar. 2026. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 64/100 and a GF Value™ of ₹372.56 (Significantly Overvalued). 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. Gujarat Mineral Development's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5,136 Mil. Gujarat Mineral Development's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹961 Mil. Gujarat Mineral Development's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gujarat Mineral Development's Days Inventory for the three months ended in Mar. 2026 was 17.08.

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. Gujarat Mineral Development's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.12.

Gujarat Mineral Development  (NSE:GMDCLTD) 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.

Gujarat Mineral Development'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
=961.4/5135.6*365 / 4
=17.08

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.

Gujarat Mineral Development'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 )
=961.4 / 8140.5
=0.12

* 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.

Gujarat Mineral Development Inventory Turnover Related Terms

Gujarat Mineral Development Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Gujarat Mineral Development'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.

Gujarat Mineral Development Inventory Turnover Chart

Gujarat Mineral Development 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 18.93 18.76 14.34 18.32 16.75

Gujarat Mineral Development 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 5.92 4.94 2.97 3.35 5.34
NSE:GMDCLTD
64GF Score
Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat Mineral Development Inventory Turnover Calculation

Gujarat Mineral Development'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 )
=15696.5 / ((913.3 + 961.4) / 2 )
=15696.5 / 937.35
=16.75

Gujarat Mineral Development'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 )
=5135.6 / ((0 + 961.4) / 1 )
=5135.6 / 961.4
=5.34

* 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 5.34 mean?
Gujarat Mineral Development (NSE:GMDCLTD) has a Inventory Turnover of 5.34 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Gujarat Mineral Development and its competitors.
Is Gujarat Mineral Development's Inventory Turnover too high?
Gujarat Mineral Development's current Inventory Turnover is 5.34. Overall, Gujarat Mineral Development has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Inventory Turnover compare to competitors?
Gujarat Mineral Development's Inventory Turnover of 5.34 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Inventory Turnover depends on the Other Energy Sources 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 Gujarat Mineral Development and its competitors. Gujarat Mineral Development's current Inventory Turnover is 5.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹372.56, compared to a current price of ₹597.00 — trading 60.2% above its estimated fair value. The current Inventory Turnover is 5.34. Gujarat Mineral Development's overall GF Score™ is 64/100 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 Gujarat Mineral Development (NSE:GMDCLTD), the current Inventory Turnover is 5.34 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 Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued. The current stock price of ₹597.00 is trading 60.2% above its estimated GF Value™ of ₹372.56. GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.

Key valuation signals for NSE:GMDCLTD:

  • Inventory Turnover: 5.34
  • GF Value™: ₹372.56 vs. price of ₹597.00 (60.2% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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

Gujarat Mineral Development Business Description

Other Exchanges 532181:India
Address 132 Feet Ring Road, Khanij Bhavan, Near University Ground, Vastrapur, Ahmedabad, GJ, IND, 380 052
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
64GF Score

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

₹597.00
Price
₹372.56
GF Value