Mindspace Business Parks REIT (NSE:MINDSPACE) Inventory Turnover: 11.81 (As of Mar. 2026)

What is Mindspace Business Parks REIT Inventory Turnover?

Mindspace Business Parks REIT NSE:MINDSPACE +0.31% 88 Inventory Turnover is 11.81 as of Mar. 2026. GuruFocus rates NSE:MINDSPACE with a GF Score™ of 88/100 and a GF Value™ of ₹484.53 (Fairly Valued). The stock has 7 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. Mindspace Business Parks REIT's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹643 Mil. Mindspace Business Parks REIT's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹54 Mil. Mindspace Business Parks REIT's Inventory Turnover for the quarter that ended in Mar. 2026 was 11.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mindspace Business Parks REIT's Days Inventory for the three months ended in Mar. 2026 was 7.73.

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. Mindspace Business Parks REIT's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Mindspace Business Parks REIT (NSE:MINDSPACE) 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.

Mindspace Business Parks REIT'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
	=	54.44	/	642.73	*	365 / 4
	=	7.73

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.

Mindspace Business Parks REIT'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 )
	=	54.44	/	8899.52
	=	0.01

* 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.

Mindspace Business Parks REIT Inventory Turnover Related Terms

Mindspace Business Parks REIT Inventory Turnover Historical Data

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The historical data trend for Mindspace Business Parks REIT's Inventory Turnover can be seen below:

Mindspace Business Parks REIT Inventory Turnover Chart

Mindspace Business Parks REIT Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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75.66

84.76

73.82

48.81

62.03

Mindspace Business Parks REIT 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															14.13	27.92	12.07	20.11	11.81

88GF Score

Mindspace Business Parks REIT NSE:MINDSPACE

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Mindspace Business Parks REIT Inventory Turnover Calculation

Mindspace Business Parks REIT'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 )
=	3247.49	/ (	(50.27	+	54.44)	/	2 )
=	3247.49	/	52.355
=	62.03

Mindspace Business Parks REIT'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 )
=	642.73	/ (	(0	+	54.44)	/	1 )
=	642.73	/	54.44
=	11.81

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 11.81 mean?

Mindspace Business Parks REIT (NSE:MINDSPACE) has a Inventory Turnover of 11.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mindspace Business Parks REIT and its competitors.

Is Mindspace Business Parks REIT's Inventory Turnover too high?

Mindspace Business Parks REIT's current Inventory Turnover is 11.81. Overall, Mindspace Business Parks REIT has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Mindspace Business Parks REIT's Inventory Turnover compare to BXP and ARE?

Mindspace Business Parks REIT's Inventory Turnover of 11.81 can be compared against companies in the REITs 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 REITs company?

A good Inventory Turnover depends on the REITs 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 Mindspace Business Parks REIT and its competitors. Mindspace Business Parks REIT's current Inventory Turnover is 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mindspace Business Parks REIT stock overvalued right now?

Based on GuruFocus' analysis, Mindspace Business Parks REIT (NSE:MINDSPACE) is currently considered Fairly Valued. The stock's GF Value™ is ₹484.53, compared to a current price of ₹487.47 — trading 0.6% above its estimated fair value. The current Inventory Turnover is 11.81. Mindspace Business Parks REIT's overall GF Score™ is 88/100 with 7 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 Mindspace Business Parks REIT (NSE:MINDSPACE), the current Inventory Turnover is 11.81 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 Mindspace Business Parks REIT (NSE:MINDSPACE) Overvalued in 2026?

Based on GuruFocus' analysis, Mindspace Business Parks REIT stock appears to be overvalued. The current stock price of ₹487.47 is trading 0.6% above its estimated GF Value™ of ₹484.53. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

Inventory Turnover: 11.81
GF Value™: ₹484.53 vs. price of ₹487.47 (0.6% above fair value)
GF Score™: 88/100 with 7 warning signs

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

Mindspace Business Parks REIT Business Description

Industry Real Estate REITs

Comparable Companies BOM:543261 NSE:BAGMANE BOM:542602 XMAD:MRL BXP ARE VNO TSE:8951 XPAR:GFC TSE:8952 SGX:N2IU CUZ KRC ASX:DXS SGX:AJBU CDP XMAD:COL SLG TSE:8954 SGX:K71U

Other Exchanges 543217:India

Address Plot No. C-30, Raheja Tower, Level 8, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051

Website https://www.mindspacereit.com

Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune, and Chennai in India. The company's portfolio has several integrated business parks with superior infrastructure and amenities (such as restaurants, creches, and outdoor sports arenas) and five quality independent offices.

88GF Score

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₹487.47

Price

₹484.53

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