Honasa Consumer (NSE:HONASA) Inventory Turnover: 1.18 (As of Mar. 2026)

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NSE:HONASA Honasa Consumer Ltd NSE:HONASA
56 GF Score
Price ₹448.60
GF Value ₹366.32
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Honasa Consumer Inventory Turnover?

Honasa Consumer NSE:HONASA +0.71% 56 Inventory Turnover is 1.18 as of Mar. 2026. GuruFocus rates NSE:HONASA with a GF Score™ of 56/100 and a GF Value™ of ₹366.32 (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. Honasa Consumer's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,950 Mil. Honasa Consumer's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,651 Mil. Honasa Consumer's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Honasa Consumer's Days Inventory for the three months ended in Mar. 2026 was 77.25.

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. Honasa Consumer's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.


Honasa Consumer  (NSE:HONASA) 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.

Honasa Consumer'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
=1650.51/1949.74*365 / 4
=77.25

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.

Honasa Consumer'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 )
=1650.51 / 6570.84
=0.25

* 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.


Honasa Consumer Inventory Turnover Related Terms


Honasa Consumer Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Honasa Consumer'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.

Honasa Consumer Inventory Turnover Chart

Honasa Consumer Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 5.29 5.05 4.97 4.36 4.42

Honasa Consumer Quarterly Data
Mar20 Mar21 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 0.99 1.08 1.01 1.21 1.18
NSE:HONASA
56GF Score
Honasa Consumer Ltd NSE:HONASA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Honasa Consumer Inventory Turnover Calculation

Honasa Consumer'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 )
=7144.24 / ((1582.79 + 1650.51) / 2 )
=7144.24 / 1616.65
=4.42

Honasa Consumer'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 )
=1949.74 / ((0 + 1650.51) / 1 )
=1949.74 / 1650.51
=1.18

* 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 1.18 mean?
Honasa Consumer (NSE:HONASA) has a Inventory Turnover of 1.18 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Honasa Consumer and its competitors.
Is Honasa Consumer's Inventory Turnover too high?
Honasa Consumer's current Inventory Turnover is 1.18. Overall, Honasa Consumer has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honasa Consumer's Inventory Turnover compare to PG and CL?
Honasa Consumer's Inventory Turnover of 1.18 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Honasa Consumer and its competitors. Honasa Consumer's current Inventory Turnover is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honasa Consumer stock overvalued right now?
Based on GuruFocus' analysis, Honasa Consumer (NSE:HONASA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹366.32, compared to a current price of ₹448.60 — trading 22.5% above its estimated fair value. The current Inventory Turnover is 1.18. Honasa Consumer's overall GF Score™ is 56/100 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 Honasa Consumer (NSE:HONASA), the current Inventory Turnover is 1.18 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 Honasa Consumer (NSE:HONASA) Overvalued in 2026?

Based on GuruFocus' analysis, Honasa Consumer stock appears to be overvalued. The current stock price of ₹448.60 is trading 22.5% above its estimated GF Value™ of ₹366.32. GuruFocus considers Honasa Consumer to be Modestly Overvalued.

Key valuation signals for NSE:HONASA:

  • Inventory Turnover: 1.18
  • GF Value™: ₹366.32 vs. price of ₹448.60 (22.5% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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


Honasa Consumer Business Description

Other Exchanges 544014:India
Address Ullahwas, Sector-59, 10th and 11th Floor, Capital Cyberscape, Gurugram, HR, IND, 122102
Honasa Consumer Ltd is a digital-first beauty and personal care (BPC) company in India. It trades various beauty and personal care products across baby care, skin care, hair, and other related personal care categories. The products are manufactured through third-party contract manufacturers under the brand name of Mamaearth, The Derma Co, BBlunt, Aqualogica, and Ayuga. Geographically, the company generates a majority of its revenue within India.
56GF Score

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

₹448.60
Price
₹366.32
GF Value