Mazagon Dock Shipbuilders (NSE:MAZDOCK) Inventory Turnover: 1.07 (As of Mar. 2026)

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NSE:MAZDOCK Mazagon Dock Shipbuilders Ltd NSE:MAZDOCK
92 GF Score
Price ₹2,293.80
GF Value ₹2,817.85
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mazagon Dock Shipbuilders Inventory Turnover?

Mazagon Dock Shipbuilders NSE:MAZDOCK -0.22% 92 Inventory Turnover is 1.07 as of Mar. 2026. GuruFocus rates NSE:MAZDOCK with a GF Score™ of 92/100 and a GF Value™ of ₹2,817.85 (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. Mazagon Dock Shipbuilders's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹28,109 Mil. Mazagon Dock Shipbuilders's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹26,169 Mil. Mazagon Dock Shipbuilders's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mazagon Dock Shipbuilders's Days Inventory for the three months ended in Mar. 2026 was 84.95.

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. Mazagon Dock Shipbuilders's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.68.


Mazagon Dock Shipbuilders  (NSE:MAZDOCK) 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.

Mazagon Dock Shipbuilders'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
=26168.9/28109.2*365 / 4
=84.95

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.

Mazagon Dock Shipbuilders'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 )
=26168.9 / 38503.9
=0.68

* 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.


Mazagon Dock Shipbuilders Inventory Turnover Related Terms


Mazagon Dock Shipbuilders Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mazagon Dock Shipbuilders'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.

Mazagon Dock Shipbuilders Inventory Turnover Chart

Mazagon Dock Shipbuilders 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 0.60 0.75 1.02 1.37 2.34

Mazagon Dock Shipbuilders 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 0.45 0.28 0.47 0.57 1.07
NSE:MAZDOCK
92GF Score
Mazagon Dock Shipbuilders Ltd NSE:MAZDOCK
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mazagon Dock Shipbuilders Inventory Turnover Calculation

Mazagon Dock Shipbuilders'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 )
=83563.9 / ((45370.8 + 26168.9) / 2 )
=83563.9 / 35769.85
=2.34

Mazagon Dock Shipbuilders'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 )
=28109.2 / ((0 + 26168.9) / 1 )
=28109.2 / 26168.9
=1.07

* 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 1.07 mean?
Mazagon Dock Shipbuilders (NSE:MAZDOCK) has a Inventory Turnover of 1.07 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mazagon Dock Shipbuilders and its competitors.
Is Mazagon Dock Shipbuilders' Inventory Turnover too high?
Mazagon Dock Shipbuilders' current Inventory Turnover is 1.07. Overall, Mazagon Dock Shipbuilders has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazagon Dock Shipbuilders' Inventory Turnover compare to SPCX and GE?
Mazagon Dock Shipbuilders' Inventory Turnover of 1.07 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Mazagon Dock Shipbuilders and its competitors. Mazagon Dock Shipbuilders's current Inventory Turnover is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazagon Dock Shipbuilders stock overvalued right now?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders (NSE:MAZDOCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,817.85, compared to a current price of ₹2,293.80 — trading 18.6% below its estimated fair value. The current Inventory Turnover is 1.07. Mazagon Dock Shipbuilders' overall GF Score™ is 92/100 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK), the current Inventory Turnover is 1.07 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK) Overvalued in 2026?

Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued. The current stock price of ₹2,293.80 is trading 18.6% below its estimated GF Value™ of ₹2,817.85. GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.

Key valuation signals for NSE:MAZDOCK:

  • Inventory Turnover: 1.07
  • GF Value™: ₹2,817.85 vs. price of ₹2,293.80 (18.6% below fair value)
  • GF Score™: 92/100 with 2 warning signs

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


Mazagon Dock Shipbuilders Business Description

Other Exchanges 543237:India
Address Dockyard Road, Mazagon, Mumbai, MH, IND, 400010
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The company is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, ferries, tugs, dredgers, barges, submarines, merchant ships, etc., with facilities situated in Mumbai and Nhava. It also offers ship designing, ship repairs and refit, tug support, and other related services. The company is organized into two segments: Shipbuilding and Submarine (New Construction and Repairs) and others.
92GF Score

Get the complete analysis for NSE:MAZDOCK

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

₹2,293.80
Price
₹2,817.85
GF Value