National Fertilizers (NSE:NFL) Inventory Turnover: 2.15 (As of Mar. 2026)

What is National Fertilizers Inventory Turnover?

National Fertilizers NSE:NFL -0.36% 75 Inventory Turnover is 2.15 as of Mar. 2026. GuruFocus rates NSE:NFL with a GF Score™ of 75/100 and a GF Value™ of ₹302.94 (Possible Value Trap). The stock has 5 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. National Fertilizers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹23,356 Mil. National Fertilizers's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹10,851 Mil. National Fertilizers's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Fertilizers's Days Inventory for the three months ended in Mar. 2026 was 42.39.

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. National Fertilizers's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.

National Fertilizers (NSE:NFL) 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.

National Fertilizers'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
	=	10850.6	/	23356.4	*	365 / 4
	=	42.39

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.

National Fertilizers'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 )
	=	10850.6	/	43471.9
	=	0.25

* 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.

National Fertilizers Inventory Turnover Related Terms

National Fertilizers Inventory Turnover Historical Data

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The historical data trend for National Fertilizers's Inventory Turnover can be seen below:

National Fertilizers Inventory Turnover Chart

National Fertilizers Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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7.00

7.46

6.65

9.29

13.83

National Fertilizers 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															2.67	2.13	2.02	1.55	2.15

75GF Score

National Fertilizers Ltd NSE:NFL

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National Fertilizers Inventory Turnover Calculation

National Fertilizers'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 )
=	138040.3	/ (	(9105.3	+	10850.6)	/	2 )
=	138040.3	/	9977.95
=	13.83

National Fertilizers'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 )
=	23356.4	/ (	(0	+	10850.6)	/	1 )
=	23356.4	/	10850.6
=	2.15

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.15 mean?

National Fertilizers (NSE:NFL) has a Inventory Turnover of 2.15 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on National Fertilizers and its competitors.

Is National Fertilizers' Inventory Turnover too high?

National Fertilizers' current Inventory Turnover is 2.15. Overall, National Fertilizers has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does National Fertilizers' Inventory Turnover compare to CTVA and CF?

National Fertilizers' Inventory Turnover of 2.15 can be compared against companies in the Agriculture 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 Agriculture company?

A good Inventory Turnover depends on the Agriculture 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 National Fertilizers and its competitors. National Fertilizers's current Inventory Turnover is 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is National Fertilizers stock overvalued right now?

Based on GuruFocus' analysis, National Fertilizers (NSE:NFL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹302.94, compared to a current price of ₹74.42 — trading 75.4% below its estimated fair value. The current Inventory Turnover is 2.15. National Fertilizers' overall GF Score™ is 75/100 with 5 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 National Fertilizers (NSE:NFL), the current Inventory Turnover is 2.15 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 National Fertilizers (NSE:NFL) Overvalued in 2026?

Based on GuruFocus' analysis, National Fertilizers stock appears to be undervalued. The current stock price of ₹74.42 is trading 75.4% below its estimated GF Value™ of ₹302.94. GuruFocus considers National Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:NFL:

Inventory Turnover: 2.15
GF Value™: ₹302.94 vs. price of ₹74.42 (75.4% below fair value)
GF Score™: 75/100 with 5 warning signs

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

National Fertilizers Business Description

Industry Basic Materials Agriculture

Comparable Companies BOM:531719 BOM:500355 NSE:KRISHANA BOM:532899 BOM:507717 BOM:524709 NSE:MBAPL BOM:590021 NSE:GSPCROP BOM:532851 CTVA TSX:NTR SZSE:000792 DSMD:IQCD CF SAU:2020 OSL:YAR AMM:JOPH SHSE:600096 MOS

Other Exchanges 523630:India

Address A-11, Sector-24, Gautam Budh Nagar, Noida, UP, IND, 201301

Website https://www.nationalfertilizers.com

National Fertilizers Ltd is engaged in the business of manufacturing agro chemicals. Its product portfolio includes Neem Coated Urea, four strains of Bio-Fertilizers (solid & liquid), Bentonite Sulphur, and other allied Industrial products like Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite and Sodium Nitrate. The brand name of the company is known in the market as KISAN. The company also provides agriculture extension services to educate farmers on fertilizers and the know-how on scientific methods of cultivation. Its operating segments include Manufactured Fertilizers which derive key revenue, Manufactured Chemicals, Traded Imported Fertilizers, and Others. Geographically, the company caters only to the Indian market.

75GF Score

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₹74.42

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₹302.94

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