Plaza Wires (NSE:PLAZACABLE) Inventory Turnover: 2.15 (As of Mar. 2026)


NSE:PLAZACABLE Plaza Wires Ltd NSE:PLAZACABLE
52 GF Score
Price ₹44.71
GF Value ₹118.35
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Plaza Wires Inventory Turnover?

Plaza Wires NSE:PLAZACABLE -0.31% 52 Inventory Turnover is 2.15 as of Mar. 2026. GuruFocus rates NSE:PLAZACABLE with a GF Score™ of 52/100 and a GF Value™ of ₹118.35 (Significantly Undervalued). 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. Plaza Wires's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹910 Mil. Plaza Wires's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹424 Mil. Plaza Wires'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. Plaza Wires's Days Inventory for the three months ended in Mar. 2026 was 42.51.

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. Plaza Wires's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.38.

Plaza Wires  (NSE:PLAZACABLE) 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.

Plaza Wires'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
=424.06/910.32*365 / 4
=42.51

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.

Plaza Wires'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 )
=424.06 / 1115.27
=0.38

* 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.

Plaza Wires Inventory Turnover Related Terms

Plaza Wires Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Plaza Wires'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.

Plaza Wires Inventory Turnover Chart

Plaza Wires Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 4.63 4.58 4.86 4.88 6.40

Plaza Wires Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 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 1.61 1.43 1.35 1.13 2.15
NSE:PLAZACABLE
52GF Score
Plaza Wires Ltd NSE:PLAZACABLE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Plaza Wires Inventory Turnover Calculation

Plaza Wires'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 )
=2540.16 / ((370.14 + 424.06) / 2 )
=2540.16 / 397.1
=6.40

Plaza Wires'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 )
=910.32 / ((0 + 424.06) / 1 )
=910.32 / 424.06
=2.15

* 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 2.15 mean?
Plaza Wires (NSE:PLAZACABLE) 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 Plaza Wires and its competitors.
Is Plaza Wires' Inventory Turnover too high?
Plaza Wires' current Inventory Turnover is 2.15. Overall, Plaza Wires has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Wires' Inventory Turnover compare to VRT and BE?
Plaza Wires' Inventory Turnover of 2.15 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 Plaza Wires and its competitors. Plaza Wires'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 Plaza Wires stock overvalued right now?
Based on GuruFocus' analysis, Plaza Wires (NSE:PLAZACABLE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹118.35, compared to a current price of ₹44.71 — trading 62.2% below its estimated fair value. The current Inventory Turnover is 2.15. Plaza Wires' overall GF Score™ is 52/100 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 Plaza Wires (NSE:PLAZACABLE), 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 Plaza Wires (NSE:PLAZACABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Plaza Wires stock appears to be undervalued. The current stock price of ₹44.71 is trading 62.2% below its estimated GF Value™ of ₹118.35. GuruFocus considers Plaza Wires to be Significantly Undervalued.

Key valuation signals for NSE:PLAZACABLE:

  • Inventory Turnover: 2.15
  • GF Value™: ₹118.35 vs. price of ₹44.71 (62.2% below fair value)
  • GF Score™: 52/100 with 3 warning signs

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

Plaza Wires Business Description

Other Exchanges 544003:India
Address A-74 Okhla Industrial Area, Phase-2, New Delhi, IND, 110020
Plaza Wires Ltd is a company engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fastmoving electrical goods (FMEG) under their flagship brand PLAZA CABLES, and home brands such as Action Wires and PCG.
52GF Score

Get the complete analysis for NSE:PLAZACABLE

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

₹44.71
Price
₹118.35
GF Value