Grindwell Norton (NSE:GRINDWELL) Inventory Turnover: 0.75 (As of Jun. 2026)

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NSE:GRINDWELL Grindwell Norton Ltd NSE:GRINDWELL
94 GF Score
Price ₹2,120.20
GF Value ₹2,210.45
Valuation Fairly Valued
! 5 Warning Signs
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What is Grindwell Norton Inventory Turnover?

Grindwell Norton NSE:GRINDWELL +0.88% 94 Inventory Turnover is 0.75 as of Jun. 2026. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 94/100 and a GF Value™ of ₹2,210.45 (Fairly Valued). 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. Grindwell Norton's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹3,613 Mil. Grindwell Norton's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹4,815 Mil. Grindwell Norton's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grindwell Norton's Days Inventory for the three months ended in Jun. 2026 was 121.60.

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. Grindwell Norton's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.60.


Grindwell Norton  (NSE:GRINDWELL) 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.

Grindwell Norton'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
=4814.618/3612.857*365 / 4
=121.60

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.

Grindwell Norton'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 )
=4814.618 / 8006.153
=0.60

* 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.


Grindwell Norton Inventory Turnover Related Terms


Grindwell Norton Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Grindwell Norton'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.

Grindwell Norton Inventory Turnover Chart

Grindwell Norton 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 2.50 2.75 2.74 2.82 3.16

Grindwell Norton 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 0.65 0.69 0.69 0.83 0.75
NSE:GRINDWELL
94GF Score
Grindwell Norton Ltd NSE:GRINDWELL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Grindwell Norton Inventory Turnover Calculation

Grindwell Norton'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 )
=15338.319 / ((4898.797 + 4814.618) / 2 )
=15338.319 / 4856.7075
=3.16

Grindwell Norton'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 )
=3612.857 / ((4814.618 + 0) / 1 )
=3612.857 / 4814.618
=0.75

* 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 0.75 mean?
Grindwell Norton (NSE:GRINDWELL) has a Inventory Turnover of 0.75 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Grindwell Norton and its competitors.
Is Grindwell Norton's Inventory Turnover too high?
Grindwell Norton's current Inventory Turnover is 0.75. Overall, Grindwell Norton has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Inventory Turnover compare to TT and JCI?
Grindwell Norton's Inventory Turnover of 0.75 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Grindwell Norton and its competitors. Grindwell Norton's current Inventory Turnover is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindwell Norton stock overvalued right now?
Based on GuruFocus' analysis, Grindwell Norton (NSE:GRINDWELL) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,210.45, compared to a current price of ₹2,120.20 — trading 4.1% below its estimated fair value. The current Inventory Turnover is 0.75. Grindwell Norton's overall GF Score™ is 94/100 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 Grindwell Norton (NSE:GRINDWELL), the current Inventory Turnover is 0.75 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.

Is Grindwell Norton (NSE:GRINDWELL) Overvalued in 2026?

Based on GuruFocus' analysis, Grindwell Norton stock appears to be undervalued. The current stock price of ₹2,120.20 is trading 4.1% below its estimated GF Value™ of ₹2,210.45. GuruFocus considers Grindwell Norton to be Fairly Valued.

Key valuation signals for NSE:GRINDWELL:

  • Inventory Turnover: 0.75
  • GF Value™: ₹2,210.45 vs. price of ₹2,120.20 (4.1% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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


Grindwell Norton Business Description

Other Exchanges 506076:India
Address Andheri-Kurla Road, Leela Business Park, 5th Level, Marol, Andheri (East), Mumbai, MH, IND, 400 059
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.
94GF Score

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

₹2,120.20
Price
₹2,210.45
GF Value