Kody Technolab (NSE:KODYTECH) Inventory Turnover: 8.87 (As of Mar. 2026)

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NSE:KODYTECH Kody Technolab Ltd NSE:KODYTECH
87 GF Score
Price ₹1,411.00
GF Value ₹2,425.26
Valuation Possible Value Trap
! 10 Warning Signs
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What is Kody Technolab Inventory Turnover?

Kody Technolab NSE:KODYTECH -4.01% 87 Inventory Turnover is 8.87 as of Mar. 2026. GuruFocus rates NSE:KODYTECH with a GF Score™ of 87/100 and a GF Value™ of ₹2,425.26 (Possible Value Trap). The stock has 10 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. Kody Technolab's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹255.0 Mil. Kody Technolab's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹28.8 Mil. Kody Technolab's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kody Technolab's Days Inventory for the six months ended in Mar. 2026 was 20.58.

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. Kody Technolab's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.


Kody Technolab  (NSE:KODYTECH) 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.

Kody Technolab'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
=28.762/255.012*365 / 2
=20.58

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.

Kody Technolab'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 )
=28.762 / 486.036
=0.06

* 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.


Kody Technolab Inventory Turnover Related Terms


Kody Technolab Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kody Technolab'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.

Kody Technolab Inventory Turnover Chart

Kody Technolab Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
9.76 8.50 9.30 7.78

Kody Technolab Semi-Annual Data
Sep23 Mar24 Mar25 Sep25 Mar26
Inventory Turnover 12.26 29.00 3.28 3.97 8.87
NSE:KODYTECH
87GF Score
Kody Technolab Ltd NSE:KODYTECH
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kody Technolab Inventory Turnover Calculation

Kody Technolab'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 )
=431.907 / ((66.669 + 34.985) / 2 )
=431.907 / 50.827
=8.50

Kody Technolab'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 )
=255.012 / ((22.539 + 34.985) / 2 )
=255.012 / 28.762
=8.87

* 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 8.87 mean?
Kody Technolab (NSE:KODYTECH) has a Inventory Turnover of 8.87 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kody Technolab and its competitors.
Is Kody Technolab's Inventory Turnover too high?
Kody Technolab's current Inventory Turnover is 8.87. Overall, Kody Technolab has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kody Technolab's Inventory Turnover compare to IBM and ACN?
Kody Technolab's Inventory Turnover of 8.87 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Kody Technolab and its competitors. Kody Technolab's current Inventory Turnover is 8.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kody Technolab stock overvalued right now?
Based on GuruFocus' analysis, Kody Technolab (NSE:KODYTECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,425.26, compared to a current price of ₹1,411.00 — trading 41.8% below its estimated fair value. The current Inventory Turnover is 8.87. Kody Technolab's overall GF Score™ is 87/100 with 10 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 Kody Technolab (NSE:KODYTECH), the current Inventory Turnover is 8.87 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 Kody Technolab (NSE:KODYTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Kody Technolab stock appears to be undervalued. The current stock price of ₹1,411.00 is trading 41.8% below its estimated GF Value™ of ₹2,425.26. GuruFocus considers Kody Technolab to be Possible Value Trap.

Key valuation signals for NSE:KODYTECH:

  • Inventory Turnover: 8.87
  • GF Value™: ₹2,425.26 vs. price of ₹1,411.00 (41.8% below fair value)
  • GF Score™: 87/100 with 10 warning signs

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


Kody Technolab Business Description

Address Block-J, Safal Monde S.G Highway, Near Iscon Mall, Near Rajpathclub, 2nd Floor, Bodakdev, Ahmedabad, GJ, IND, 380054
Kody Technolab Ltd is a company in the business of software development services to a diverse set of industries. It is a full-stack development company that provides creative and cutting-edge digital solutions to clients. It specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. The company offers a wide range of services that include custom development, AI Consultation & Implementation, IOT Services, and IT consulting services.
87GF Score

Get the complete analysis for NSE:KODYTECH

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

₹1,411.00
Price
₹2,425.26
GF Value