Invicta Diagnostic (NSE:INVICTA) Inventory Turnover: 2.38 (As of Mar. 2026)

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NSE:INVICTA Invicta Diagnostic Ltd NSE:INVICTA
22 GF Score
Price ₹69.65
! 3 Warning Signs
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What is Invicta Diagnostic Inventory Turnover?

Invicta Diagnostic NSE:INVICTA +3.88% 22 Inventory Turnover is 2.38 as of Mar. 2026. GuruFocus rates NSE:INVICTA with a GF Score™ of 22/100. The stock has 3 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. Invicta Diagnostic's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹13.8 Mil. Invicta Diagnostic's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹5.8 Mil. Invicta Diagnostic's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Invicta Diagnostic's Days Inventory for the six months ended in Mar. 2026 was 76.65.

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. Invicta Diagnostic's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.


Invicta Diagnostic  (NSE:INVICTA) 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.

Invicta Diagnostic'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
=5.778/13.757*365 / 2
=76.65

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.

Invicta Diagnostic'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 )
=5.778 / 154.063
=0.04

* 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.


Invicta Diagnostic Inventory Turnover Related Terms


Invicta Diagnostic Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Invicta Diagnostic'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.

Invicta Diagnostic Inventory Turnover Chart

Invicta Diagnostic Annual Data
Trend Mar24 Mar25 Mar26
Inventory Turnover
2.84 4.90 4.97

Invicta Diagnostic Semi-Annual Data
Mar24 Mar25 Sep25 Mar26
Inventory Turnover 0.00 0.00 2.54 2.38
NSE:INVICTA
22GF Score
Invicta Diagnostic Ltd NSE:INVICTA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Invicta Diagnostic Inventory Turnover Calculation

Invicta Diagnostic'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 )
=27.254 / ((5.026 + 5.938) / 2 )
=27.254 / 5.482
=4.97

Invicta Diagnostic'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=13.757 / ((5.618 + 5.938) / 2 )
=13.757 / 5.778
=2.38

* 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 2.38 mean?
Invicta Diagnostic (NSE:INVICTA) has a Inventory Turnover of 2.38 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Invicta Diagnostic and its competitors.
Is Invicta Diagnostic's Inventory Turnover too high?
Invicta Diagnostic's current Inventory Turnover is 2.38. Overall, Invicta Diagnostic has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Invicta Diagnostic's Inventory Turnover compare to TMO and DHR?
Invicta Diagnostic's Inventory Turnover of 2.38 can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Inventory Turnover depends on the Medical Diagnostics & Research 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 Invicta Diagnostic and its competitors. Invicta Diagnostic's current Inventory Turnover is 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invicta Diagnostic stock overvalued right now?
Invicta Diagnostic (NSE:INVICTA) has a current Inventory Turnover of 2.38. The current Inventory Turnover is 2.38. Invicta Diagnostic's overall GF Score™ is 22/100 with 3 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 Invicta Diagnostic (NSE:INVICTA), the current Inventory Turnover is 2.38 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.

Invicta Diagnostic Business Description

Address Western Express Highway, Office No. 1012, 10th Floor, Hubtown Viva CHS Ltd, Mogra Village, Near Shankarwadi, Jogeshwari East, Mumbai, MH, IND, 400 060
Invicta Diagnostic Ltd is engaged in the business of medical and diagnostic services and operates diagnostic centres providing medical testing and allied healthcare services in the Mumbai Metropolitan Region. The Company runs a diagnostic chain comprising seven diagnostic centres and one centralised laboratory across MMR in Maharashtra and operates under a hub and spoke model with a flagship hub in Thane, additional hub centres, spoke centres, and a centralised laboratory. Its service offerings include radiology and imaging, pathology and clinical laboratory tests, teleradiology, and services such as ultrasound, X Ray, CT scan, MRI scan, PET scan, and cardiac diagnostics, with patient convenience supported through home sample collection, house calls, and multiple report delivery options.
22GF 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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