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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. Nelcast's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₹1,617 Mil. Nelcast's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹1,909 Mil.
Nelcast's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.85.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nelcast's Days Inventory for the
three
months ended in Jun. 2026 was 107.76.
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.
Nelcast's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.56.
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.
Nelcast's Days Inventory for the
three
months ended in Jun. 2026 is calculated as:
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.
Nelcast's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as
* 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.
Nelcast Inventory Turnover Related Terms
Nelcast Inventory Turnover Historical Data
* Premium members only.
The historical data trend for Nelcast'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.
* 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.
Nelcast (NSE:NELCAST) has a Inventory Turnover of 0.85 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nelcast and its competitors.
Is Nelcast's Inventory Turnover too high?
Nelcast's current Inventory Turnover is 0.85. Overall, Nelcast has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nelcast's Inventory Turnover compare to CRS and ATI?
Nelcast's Inventory Turnover of 0.85 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Nelcast and its competitors. Nelcast's current Inventory Turnover is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelcast stock overvalued right now?
Based on GuruFocus' analysis, Nelcast (NSE:NELCAST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹142.10, compared to a current price of ₹121.37 — trading 14.6% below its estimated fair value. The current Inventory Turnover is 0.85. Nelcast's 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 Nelcast (NSE:NELCAST), the current Inventory Turnover is 0.85 as of Jun. 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 Nelcast (NSE:NELCAST) Overvalued in 2026?
Based on GuruFocus' analysis, Nelcast stock appears to be undervalued.
The current stock price of ₹121.37 is trading 14.6% below its estimated GF Value™ of ₹142.10.
GuruFocus considers Nelcast to be Modestly Undervalued.
Key valuation signals for NSE:NELCAST:
Inventory Turnover: 0.85
GF Value™: ₹142.10 vs. price of ₹121.37 (14.6% below fair value)
No single metric tells the full story. See the NSE:NELCAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nelcast Ltd is an Indian company engaged in the business of manufacturing iron castings. Through manufacturing casting components, the company has different types of products that meet the requirements of different kinds of automation used in different industries. It manufactures parts to be used in various applications in an automobile, such as the engine, transmission, suspension, axle, brake, and steering. It also caters to the tractor industry for their requirement of various housing as well as engine, transmission, and axle components. The company caters to the railways and the pipe fitting industries as well. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.
78GF Score
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