India Tourism Development (NSE:ITDC) Inventory Turnover: 3.77 (As of Mar. 2026)


NSE:ITDC India Tourism Development Corp Ltd NSE:ITDC
81 GF Score
Price ₹716.80
GF Value ₹573.88
Valuation Modestly Overvalued
! 6 Warning Signs
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What is India Tourism Development Inventory Turnover?

India Tourism Development NSE:ITDC -1.55% 81 Inventory Turnover is 3.77 as of Mar. 2026. GuruFocus rates NSE:ITDC with a GF Score™ of 81/100 and a GF Value™ of ₹573.88 (Modestly Overvalued). The stock has 6 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. India Tourism Development's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹677 Mil. India Tourism Development's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹180 Mil. India Tourism Development's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. India Tourism Development's Days Inventory for the three months ended in Mar. 2026 was 24.20.

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. India Tourism Development's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.

India Tourism Development  (NSE:ITDC) 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.

India Tourism Development'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
=179.601/677.226*365 / 4
=24.20

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.

India Tourism Development'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 )
=179.601 / 1420.096
=0.13

* 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.

India Tourism Development Inventory Turnover Related Terms

India Tourism Development Inventory Turnover Historical Data

* Premium members only.

The historical data trend for India Tourism Development'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.

India Tourism Development Inventory Turnover Chart

India Tourism Development 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 16.12 21.07 20.66 18.96 15.04

India Tourism Development 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 5.97 2.17 3.59 6.40 3.77
NSE:ITDC
81GF Score
India Tourism Development Corp Ltd NSE:ITDC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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India Tourism Development Inventory Turnover Calculation

India Tourism Development'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 )
=2761.378 / ((187.577 + 179.601) / 2 )
=2761.378 / 183.589
=15.04

India Tourism Development'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 )
=677.226 / ((0 + 179.601) / 1 )
=677.226 / 179.601
=3.77

* 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 3.77 mean?
India Tourism Development (NSE:ITDC) has a Inventory Turnover of 3.77 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on India Tourism Development and its competitors.
Is India Tourism Development's Inventory Turnover too high?
India Tourism Development's current Inventory Turnover is 3.77. Overall, India Tourism Development has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Tourism Development's Inventory Turnover compare to MAR and HLT?
India Tourism Development's Inventory Turnover of 3.77 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Inventory Turnover depends on the Travel & Leisure 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 India Tourism Development and its competitors. India Tourism Development's current Inventory Turnover is 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Tourism Development stock overvalued right now?
Based on GuruFocus' analysis, India Tourism Development (NSE:ITDC) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹573.88, compared to a current price of ₹716.80 — trading 24.9% above its estimated fair value. The current Inventory Turnover is 3.77. India Tourism Development's overall GF Score™ is 81/100 with 6 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 India Tourism Development (NSE:ITDC), the current Inventory Turnover is 3.77 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 India Tourism Development (NSE:ITDC) Overvalued in 2026?

Based on GuruFocus' analysis, India Tourism Development stock appears to be overvalued. The current stock price of ₹716.80 is trading 24.9% above its estimated GF Value™ of ₹573.88. GuruFocus considers India Tourism Development to be Modestly Overvalued.

Key valuation signals for NSE:ITDC:

  • Inventory Turnover: 3.77
  • GF Value™: ₹573.88 vs. price of ₹716.80 (24.9% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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

India Tourism Development Business Description

Other Exchanges 532189:India
Address 7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.
81GF Score

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

₹716.80
Price
₹573.88
GF Value