Mahanagar Telephone Nigam (NSE:MTNL) Inventory Turnover: 4.50 (As of Mar. 2026)

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NSE:MTNL Mahanagar Telephone Nigam Ltd NSE:MTNL
52 GF Score
Price ₹27.11
GF Value ₹45.05
Valuation Possible Value Trap
! 4 Warning Signs
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What is Mahanagar Telephone Nigam Inventory Turnover?

Mahanagar Telephone Nigam NSE:MTNL +1.35% 52 Inventory Turnover is 4.50 as of Mar. 2026. GuruFocus rates NSE:MTNL with a GF Score™ of 52/100 and a GF Value™ of ₹45.05 (Possible Value Trap). The stock has 4 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. Mahanagar Telephone Nigam's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹297 Mil. Mahanagar Telephone Nigam's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹66 Mil. Mahanagar Telephone Nigam's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mahanagar Telephone Nigam's Days Inventory for the three months ended in Mar. 2026 was 20.27.

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. Mahanagar Telephone Nigam's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.


Mahanagar Telephone Nigam  (NSE:MTNL) 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.

Mahanagar Telephone Nigam'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
=65.9/296.7*365 / 4
=20.27

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.

Mahanagar Telephone Nigam'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 )
=65.9 / 3705.1
=0.02

* 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.


Mahanagar Telephone Nigam Inventory Turnover Related Terms


Mahanagar Telephone Nigam Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mahanagar Telephone Nigam'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.

Mahanagar Telephone Nigam Inventory Turnover Chart

Mahanagar Telephone Nigam 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 26.80 26.94 27.49 22.36 14.66

Mahanagar Telephone Nigam 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 6.02 3.45 4.00 3.66 4.50
NSE:MTNL
52GF Score
Mahanagar Telephone Nigam Ltd NSE:MTNL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahanagar Telephone Nigam Inventory Turnover Calculation

Mahanagar Telephone Nigam'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 )
=918.7 / ((59.4 + 65.9) / 2 )
=918.7 / 62.65
=14.66

Mahanagar Telephone Nigam'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 )
=296.7 / ((0 + 65.9) / 1 )
=296.7 / 65.9
=4.50

* 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 4.50 mean?
Mahanagar Telephone Nigam (NSE:MTNL) has a Inventory Turnover of 4.50 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mahanagar Telephone Nigam and its competitors.
Is Mahanagar Telephone Nigam's Inventory Turnover too high?
Mahanagar Telephone Nigam's current Inventory Turnover is 4.50. Overall, Mahanagar Telephone Nigam has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Telephone Nigam's Inventory Turnover compare to VZ and TMUS?
Mahanagar Telephone Nigam's Inventory Turnover of 4.50 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services 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 Mahanagar Telephone Nigam and its competitors. Mahanagar Telephone Nigam's current Inventory Turnover is 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahanagar Telephone Nigam stock overvalued right now?
Based on GuruFocus' analysis, Mahanagar Telephone Nigam (NSE:MTNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹45.05, compared to a current price of ₹27.11 — trading 39.8% below its estimated fair value. The current Inventory Turnover is 4.50. Mahanagar Telephone Nigam's overall GF Score™ is 52/100 with 4 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 Mahanagar Telephone Nigam (NSE:MTNL), the current Inventory Turnover is 4.50 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 Mahanagar Telephone Nigam (NSE:MTNL) Overvalued in 2026?

Based on GuruFocus' analysis, Mahanagar Telephone Nigam stock appears to be undervalued. The current stock price of ₹27.11 is trading 39.8% below its estimated GF Value™ of ₹45.05. GuruFocus considers Mahanagar Telephone Nigam to be Possible Value Trap.

Key valuation signals for NSE:MTNL:

  • Inventory Turnover: 4.50
  • GF Value™: ₹45.05 vs. price of ₹27.11 (39.8% below fair value)
  • GF Score™: 52/100 with 4 warning signs

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


Mahanagar Telephone Nigam Business Description

Other Exchanges 500108:India
Address Lodhi Road, 5th Floor, 9, CGO Complex, Mahanagar Doorsanchar Sadan, New Delhi, IND, 110 003
Mahanagar Telephone Nigam Ltd is an India-based company that provides telecommunications services. The company's operating segment includes the Basic and Cellular segments. It generates maximum revenue from the Basic segment. The company offers various telecom services, including fixed telephone service, GSM (including 3G services), Internet, Broadband, ISDN, and Leased Line services.
52GF Score

Get the complete analysis for NSE:MTNL

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

₹27.11
Price
₹45.05
GF Value