Manorama Industries (NSE:MANORAMA) Inventory Turnover: 0.33 (As of Mar. 2026)

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NSE:MANORAMA Manorama Industries Ltd NSE:MANORAMA
100 GF Score
Price ₹1,591.50
GF Value ₹1,954.98
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Manorama Industries Inventory Turnover?

Manorama Industries NSE:MANORAMA -0.24% 100 Inventory Turnover is 0.33 as of Mar. 2026. GuruFocus rates NSE:MANORAMA with a GF Score™ of 100/100 and a GF Value™ of ₹1,954.98 (Modestly Undervalued). The stock has 2 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. Manorama Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,348 Mil. Manorama Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹7,178 Mil. Manorama Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Manorama Industries's Days Inventory for the three months ended in Mar. 2026 was 278.98.

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. Manorama Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.83.

Manorama Industries  (NSE:MANORAMA) 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.

Manorama Industries'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
=7177.99/2347.79*365 / 4
=278.98

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.

Manorama Industries'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 )
=7177.99 / 3913.409
=1.83

* 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.

Manorama Industries Inventory Turnover Related Terms

Manorama Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Manorama Industries'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.

Manorama Industries Inventory Turnover Chart

Manorama Industries 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 1.03 1.28 0.93 0.85 1.17

Manorama Industries 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 0.21 0.28 0.31 0.35 0.33
NSE:MANORAMA
100GF Score
Manorama Industries Ltd NSE:MANORAMA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Manorama Industries Inventory Turnover Calculation

Manorama Industries'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 )
=7433.261 / ((5504.807 + 7177.99) / 2 )
=7433.261 / 6341.3985
=1.17

Manorama Industries'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 )
=2347.79 / ((0 + 7177.99) / 1 )
=2347.79 / 7177.99
=0.33

* 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 0.33 mean?
Manorama Industries (NSE:MANORAMA) has a Inventory Turnover of 0.33 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Manorama Industries and its competitors.
Is Manorama Industries' Inventory Turnover too high?
Manorama Industries' current Inventory Turnover is 0.33. Overall, Manorama Industries has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manorama Industries' Inventory Turnover compare to KHC and GIS?
Manorama Industries' Inventory Turnover of 0.33 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Manorama Industries and its competitors. Manorama Industries's current Inventory Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manorama Industries stock overvalued right now?
Based on GuruFocus' analysis, Manorama Industries (NSE:MANORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,954.98, compared to a current price of ₹1,591.50 — trading 18.6% below its estimated fair value. The current Inventory Turnover is 0.33. Manorama Industries' overall GF Score™ is 100/100 with 2 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 Manorama Industries (NSE:MANORAMA), the current Inventory Turnover is 0.33 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 Manorama Industries (NSE:MANORAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Manorama Industries stock appears to be undervalued. The current stock price of ₹1,591.50 is trading 18.6% below its estimated GF Value™ of ₹1,954.98. GuruFocus considers Manorama Industries to be Modestly Undervalued.

Key valuation signals for NSE:MANORAMA:

  • Inventory Turnover: 0.33
  • GF Value™: ₹1,954.98 vs. price of ₹1,591.50 (18.6% below fair value)
  • GF Score™: 100/100 with 2 warning signs

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

Manorama Industries Business Description

Other Exchanges 541974:India
Address F-6, Anupam Nagar, Raipur, CT, IND, 492007
Manorama Industries Ltd is engaged in the manufacturing, processing, and supply of exotic and specialty fats and oils. The products offered by the company include Sal butter, Sal fat, Sal stearine, Mango butter, Kokum oil, Mowrah fat, and several other value-added, tailor-made products. Its only operating segment is the Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE). Geographically, the company generates a majority of its revenue from outside India through exports, and the rest from its business within India.
100GF Score

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

₹1,591.50
Price
₹1,954.98
GF Value