Indo MIM (NSE:INDOMIM) Inventory Turnover: 1.93 (As of Mar. 2026)

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NSE:INDOMIM Indo MIM Ltd NSE:INDOMIM
17 GF Score
Price ₹868.05
! 1 Warning Sign
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What is Indo MIM Inventory Turnover?

Indo MIM NSE:INDOMIM -1.08% 17 Inventory Turnover is 1.93 as of Mar. 2026. GuruFocus rates NSE:INDOMIM with a GF Score™ of 17/100. The stock has 1 warning sign 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. Indo MIM's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹17,327 Mil. Indo MIM's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹8,971 Mil. Indo MIM's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Indo MIM's Days Inventory for the six months ended in Mar. 2026 was 94.48.

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. Indo MIM's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.22.

Indo MIM  (NSE:INDOMIM) 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.

Indo MIM's Days Inventory for the six 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
=8970.705/17327.21*365 / 2
=94.48

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.

Indo MIM'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 )
=8970.705 / 41410.56
=0.22

* 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.

Indo MIM Inventory Turnover Related Terms

Indo MIM Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Indo MIM'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.

Indo MIM Inventory Turnover Chart

Indo MIM Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
1.78 1.84 1.62 1.93

Indo MIM Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Inventory Turnover 1.78 1.84 1.62 1.93
NSE:INDOMIM
17GF Score
Indo MIM Ltd NSE:INDOMIM
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo MIM Inventory Turnover Calculation

Indo MIM'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 )
=17327.21 / ((8991.56 + 8949.85) / 2 )
=17327.21 / 8970.705
=1.93

Indo MIM'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=17327.21 / ((8991.56 + 8949.85) / 2 )
=17327.21 / 8970.705
=1.93

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.93 mean?
Indo MIM (NSE:INDOMIM) has a Inventory Turnover of 1.93 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Indo MIM and its competitors.
Is Indo MIM's Inventory Turnover too high?
Indo MIM's current Inventory Turnover is 1.93. Overall, Indo MIM has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indo MIM's Inventory Turnover compare to ATI and CRS?
Indo MIM's Inventory Turnover of 1.93 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 Indo MIM and its competitors. Indo MIM's current Inventory Turnover is 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo MIM stock overvalued right now?
Indo MIM (NSE:INDOMIM) has a current Inventory Turnover of 1.93. The current Inventory Turnover is 1.93. Indo MIM's overall GF Score™ is 17/100 with 1 warning sign 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 Indo MIM (NSE:INDOMIM), the current Inventory Turnover is 1.93 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.

Indo MIM Business Description

Other Exchanges 544837:India
Address 45(P), KIADB Industrial Area, Hoskote, Bangalore, KA, IND, 562 114
Indo MIM Ltd is engaged in the business of manufacturing and trading of precision engineered metal products using metal injection molding (MIM) technology. Its capabilities include mold designing and tooling, finishing, and assembly operations. It also uses investment casting, precision machining, ceramic injection molding, and metal 3D printing technologies. Its products serve the automotive, defense, medical, consumer, and aerospace sectors. The majority of the company's revenue is derived from the sale of its products outside India, by exporting to North America, Europe and South East Asia.
17GF Score

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

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