LEEL Electricals (NSE:LEEL) Inventory Turnover: 1.32 (As of Mar. 2026)


What is LEEL Electricals Inventory Turnover?

LEEL Electricals NSE:LEEL Inventory Turnover is 1.32 as of Mar. 2026. 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. LEEL Electricals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹141.8 Mil. LEEL Electricals's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹107.4 Mil. LEEL Electricals's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LEEL Electricals's Days Inventory for the three months ended in Mar. 2026 was 69.10.

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. LEEL Electricals's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.63.

LEEL Electricals  (NSE:LEEL) 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.

LEEL Electricals'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
=107.375/141.801*365 / 4
=69.10

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.

LEEL Electricals'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 )
=107.375 / 169.568
=0.63

* 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.

LEEL Electricals Inventory Turnover Related Terms

LEEL Electricals Inventory Turnover Historical Data

* Premium members only.

The historical data trend for LEEL Electricals'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.

LEEL Electricals Inventory Turnover Chart

LEEL Electricals 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 0.00 0.08 0.01 0.00 4.02

LEEL Electricals Quarterly Data
Dec12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 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 0.10 7.88 0.46 0.52 1.32

LEEL Electricals Inventory Turnover Calculation

LEEL Electricals'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 )
=218.484 / ((1.2 + 107.375) / 2 )
=218.484 / 54.2875
=4.02

LEEL Electricals'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 )
=141.801 / ((0 + 107.375) / 1 )
=141.801 / 107.375
=1.32

* 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 1.32 mean?
LEEL Electricals (NSE:LEEL) has a Inventory Turnover of 1.32 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on LEEL Electricals and its competitors.
Is LEEL Electricals' Inventory Turnover too high?
LEEL Electricals' current Inventory Turnover is 1.32.
How does LEEL Electricals' Inventory Turnover compare to NRBT and EVTN?
LEEL Electricals' Inventory Turnover of 1.32 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 LEEL Electricals and its competitors. LEEL Electricals's current Inventory Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEEL Electricals stock overvalued right now?
LEEL Electricals (NSE:LEEL) has a current Inventory Turnover of 1.32. The current Inventory Turnover is 1.32. 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 LEEL Electricals (NSE:LEEL), the current Inventory Turnover is 1.32 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.

LEEL Electricals Business Description

Address Ecotech XII, Industrial area, Plot No.57, Greater Noida, Noida, UP, IND, 201306
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.