Mangalore Refinery and Petrochemicals (NSE:MRPL) Inventory Turnover: 1.45 (As of Mar. 2026)

What is Mangalore Refinery and Petrochemicals Inventory Turnover?

Mangalore Refinery and Petrochemicals NSE:MRPL +8.56% 78 Inventory Turnover is 1.45 as of Mar. 2026. GuruFocus rates NSE:MRPL with a GF Score™ of 78/100 and a GF Value™ of ₹140.07 (Modestly Overvalued). The stock has 3 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. Mangalore Refinery and Petrochemicals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹209,391 Mil. Mangalore Refinery and Petrochemicals's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹144,216 Mil. Mangalore Refinery and Petrochemicals's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mangalore Refinery and Petrochemicals's Days Inventory for the three months ended in Mar. 2026 was 62.85.

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. Mangalore Refinery and Petrochemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.60.

Mangalore Refinery and Petrochemicals (NSE:MRPL) 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.

Mangalore Refinery and Petrochemicals'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
	=	144215.8	/	209390.7	*	365 / 4
	=	62.85

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.

Mangalore Refinery and Petrochemicals'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 )
	=	144215.8	/	239496.9
	=	0.60

* 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.

Mangalore Refinery and Petrochemicals Inventory Turnover Related Terms

Mangalore Refinery and Petrochemicals Inventory Turnover Historical Data

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The historical data trend for Mangalore Refinery and Petrochemicals's Inventory Turnover can be seen below:

Mangalore Refinery and Petrochemicals Inventory Turnover Chart

Mangalore Refinery and Petrochemicals Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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7.29

11.65

10.84

11.30

7.19

Mangalore Refinery and Petrochemicals 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															2.98	2.17	2.44	2.56	1.45

78GF Score

Mangalore Refinery and Petrochemicals Ltd NSE:MRPL

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

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Mangalore Refinery and Petrochemicals Inventory Turnover Calculation

Mangalore Refinery and Petrochemicals'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 )
=	795779.1	/ (	(77201.83	+	144215.8)	/	2 )
=	795779.1	/	110708.815
=	7.19

Mangalore Refinery and Petrochemicals'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 )
=	209390.7	/ (	(0	+	144215.8)	/	1 )
=	209390.7	/	144215.8
=	1.45

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.45 mean?

Mangalore Refinery and Petrochemicals (NSE:MRPL) has a Inventory Turnover of 1.45 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mangalore Refinery and Petrochemicals and its competitors.

Is Mangalore Refinery and Petrochemicals' Inventory Turnover too high?

Mangalore Refinery and Petrochemicals' current Inventory Turnover is 1.45. Overall, Mangalore Refinery and Petrochemicals has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Mangalore Refinery and Petrochemicals' Inventory Turnover compare to VLO and MPC?

Mangalore Refinery and Petrochemicals' Inventory Turnover of 1.45 can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 Mangalore Refinery and Petrochemicals and its competitors. Mangalore Refinery and Petrochemicals's current Inventory Turnover is 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mangalore Refinery and Petrochemicals stock overvalued right now?

Based on GuruFocus' analysis, Mangalore Refinery and Petrochemicals (NSE:MRPL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.07, compared to a current price of ₹162.49 — trading 16% above its estimated fair value. The current Inventory Turnover is 1.45. Mangalore Refinery and Petrochemicals' overall GF Score™ is 78/100 with 3 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 Mangalore Refinery and Petrochemicals (NSE:MRPL), the current Inventory Turnover is 1.45 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 Mangalore Refinery and Petrochemicals (NSE:MRPL) Overvalued in 2026?

Based on GuruFocus' analysis, Mangalore Refinery and Petrochemicals stock appears to be overvalued. The current stock price of ₹162.49 is trading 16% above its estimated GF Value™ of ₹140.07. GuruFocus considers Mangalore Refinery and Petrochemicals to be Modestly Overvalued.

Key valuation signals for NSE:MRPL:

Inventory Turnover: 1.45
GF Value™: ₹140.07 vs. price of ₹162.49 (16% above fair value)
GF Score™: 78/100 with 3 warning signs

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

Mangalore Refinery and Petrochemicals Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:500870 BOM:500110 BOM:500003 BOM:532522 BOM:544545 BOM:524820 BOM:526829 BOM:544029 NSE:NEPTUNE BOM:532543 NSE:RELIANCE VLO MPC PSX XKAZ:KMGZ OHEL:NESTE NSE:IOC TSE:5020 TPE:6505 BOM:500547

Other Exchanges 500109:India

Address Mudapadav, Post. Kuthethoor, Via Katipalla, Mangaluru, KA, IND, 575030

Website https://www.mrpl.co.in

Mangalore Refinery and Petrochemicals Ltd are engaged in the manufacturing of Refined Petroleum Products. It generates revenue from High speed Diesel (HSD) and Motor Spirit (MS). Geographically, it derives a majority of revenue from India. It has Petroleum Products as single reportable segment.

78GF Score

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

₹162.49

Price

₹140.07

GF Value

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