Hindware Home Innovation (NSE:HINDWAREAP) Inventory Turnover: 0.60 (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:HINDWAREAP Hindware Home Innovation Ltd NSE:HINDWAREAP
75 GF Score
Price ₹213.55
GF Value ₹308.10
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Hindware Home Innovation Inventory Turnover?

Hindware Home Innovation NSE:HINDWAREAP -2.24% 75 Inventory Turnover is 0.60 as of Mar. 2026. GuruFocus rates NSE:HINDWAREAP with a GF Score™ of 75/100 and a GF Value™ of ₹308.10 (Possible Value Trap). The stock has 7 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. Hindware Home Innovation's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,687 Mil. Hindware Home Innovation's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹6,140 Mil. Hindware Home Innovation's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hindware Home Innovation's Days Inventory for the three months ended in Mar. 2026 was 151.97.

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. Hindware Home Innovation's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.93.


Hindware Home Innovation  (NSE:HINDWAREAP) 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.

Hindware Home Innovation'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
=6139.5/3686.5*365 / 4
=151.97

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.

Hindware Home Innovation'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 )
=6139.5 / 6627.3
=0.93

* 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.


Hindware Home Innovation Inventory Turnover Related Terms


Hindware Home Innovation Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hindware Home Innovation'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.

Hindware Home Innovation Inventory Turnover Chart

Hindware Home Innovation Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 3.29 2.50 2.46 2.37 2.26

Hindware Home Innovation 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 0.69 0.46 0.60 0.55 0.60
NSE:HINDWAREAP
75GF Score
Hindware Home Innovation Ltd NSE:HINDWAREAP
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindware Home Innovation Inventory Turnover Calculation

Hindware Home Innovation'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 )
=13720.5 / ((6007.242 + 6139.5) / 2 )
=13720.5 / 6073.371
=2.26

Hindware Home Innovation'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 )
=3686.5 / ((0 + 6139.5) / 1 )
=3686.5 / 6139.5
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.60 mean?
Hindware Home Innovation (NSE:HINDWAREAP) has a Inventory Turnover of 0.60 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hindware Home Innovation and its competitors.
Is Hindware Home Innovation's Inventory Turnover too high?
Hindware Home Innovation's current Inventory Turnover is 0.60. Overall, Hindware Home Innovation has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hindware Home Innovation's Inventory Turnover compare to SN and SGI?
Hindware Home Innovation's Inventory Turnover of 0.60 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Inventory Turnover depends on the Furnishings, Fixtures & Appliances 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 Hindware Home Innovation and its competitors. Hindware Home Innovation's current Inventory Turnover is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindware Home Innovation stock overvalued right now?
Based on GuruFocus' analysis, Hindware Home Innovation (NSE:HINDWAREAP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹308.10, compared to a current price of ₹213.55 — trading 30.7% below its estimated fair value. The current Inventory Turnover is 0.60. Hindware Home Innovation's overall GF Score™ is 75/100 with 7 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 Hindware Home Innovation (NSE:HINDWAREAP), the current Inventory Turnover is 0.60 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 Hindware Home Innovation (NSE:HINDWAREAP) Overvalued in 2026?

Based on GuruFocus' analysis, Hindware Home Innovation stock appears to be undervalued. The current stock price of ₹213.55 is trading 30.7% below its estimated GF Value™ of ₹308.10. GuruFocus considers Hindware Home Innovation to be Possible Value Trap.

Key valuation signals for NSE:HINDWAREAP:

  • Inventory Turnover: 0.60
  • GF Value™: ₹308.10 vs. price of ₹213.55 (30.7% below fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Hindware Home Innovation Business Description

Other Exchanges 542905:India
Address BPTP Park Centra, Unit no. 201 (1), (II), (IIIA), (XVI, Sector-30, 2nd Floor, NH-8, Gurugram, HR, IND, 122001
Hindware Home Innovation Ltd is involved in manufacturing, selling, and trading building products, glass products, consumer products, plastic products, and retail businesses. Its product range includes Kitchen Ensemble, water heaters, air coolers, water purifiers, air purifiers, and window vents, among others. Some of its brands are Hindware, Moonbow, and Evok. The company operates through segments such as Building Products and Consumer Appliances. It functions in India and derives the majority of its revenue from the Building Products segment.
75GF Score

Get the complete analysis for NSE:HINDWAREAP

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

₹213.55
Price
₹308.10
GF Value