Greaves Cotton (NSE:GREAVESCOT) Inventory Turnover: 2.21 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GREAVESCOT Greaves Cotton Ltd NSE:GREAVESCOT
75 GF Score
Price ₹237.17
GF Value ₹212.09
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Greaves Cotton Inventory Turnover?

Greaves Cotton NSE:GREAVESCOT -1.13% 75 Inventory Turnover is 2.21 as of Mar. 2026. GuruFocus rates NSE:GREAVESCOT with a GF Score™ of 75/100 and a GF Value™ of ₹212.09 (Modestly Overvalued). The stock has 5 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. Greaves Cotton's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,954 Mil. Greaves Cotton's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹3,143 Mil. Greaves Cotton's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Greaves Cotton's Days Inventory for the three months ended in Mar. 2026 was 41.24.

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. Greaves Cotton's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.


Greaves Cotton  (NSE:GREAVESCOT) 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.

Greaves Cotton'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
=3143.2/6954.3*365 / 4
=41.24

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.

Greaves Cotton'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 )
=3143.2 / 10002.5
=0.31

* 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.


Greaves Cotton Inventory Turnover Related Terms


Greaves Cotton Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Greaves Cotton'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.

Greaves Cotton Inventory Turnover Chart

Greaves Cotton 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 6.87 9.68 7.40 6.55 7.13

Greaves Cotton 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 1.69 1.44 1.47 1.60 2.21
NSE:GREAVESCOT
75GF Score
Greaves Cotton Ltd NSE:GREAVESCOT
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greaves Cotton Inventory Turnover Calculation

Greaves Cotton'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 )
=23168 / ((3355.4 + 3143.2) / 2 )
=23168 / 3249.3
=7.13

Greaves Cotton'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 )
=6954.3 / ((0 + 3143.2) / 1 )
=6954.3 / 3143.2
=2.21

* 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 2.21 mean?
Greaves Cotton (NSE:GREAVESCOT) has a Inventory Turnover of 2.21 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Greaves Cotton and its competitors.
Is Greaves Cotton's Inventory Turnover too high?
Greaves Cotton's current Inventory Turnover is 2.21. Overall, Greaves Cotton has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Inventory Turnover compare to GEV and ETN?
Greaves Cotton's Inventory Turnover of 2.21 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Greaves Cotton and its competitors. Greaves Cotton's current Inventory Turnover is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹212.09, compared to a current price of ₹237.17 — trading 11.8% above its estimated fair value. The current Inventory Turnover is 2.21. Greaves Cotton's overall GF Score™ is 75/100 with 5 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 Greaves Cotton (NSE:GREAVESCOT), the current Inventory Turnover is 2.21 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 Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Greaves Cotton stock appears to be overvalued. The current stock price of ₹237.17 is trading 11.8% above its estimated GF Value™ of ₹212.09. GuruFocus considers Greaves Cotton to be Modestly Overvalued.

Key valuation signals for NSE:GREAVESCOT:

  • Inventory Turnover: 2.21
  • GF Value™: ₹212.09 vs. price of ₹237.17 (11.8% above fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Greaves Cotton Business Description

Other Exchanges 501455:India
Address LBS Marg, Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Kurla West, Mumbai, MH, IND, 400070
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
75GF Score

Get the complete analysis for NSE:GREAVESCOT

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

₹237.17
Price
₹212.09
GF Value