QMS Medical Allied Services (NSE:QMSMEDI) Inventory Turnover: 0.48 (As of Mar. 2026)

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NSE:QMSMEDI QMS Medical Allied Services Ltd NSE:QMSMEDI
73 GF Score
Price ₹116.34
GF Value ₹120.80
Valuation Fairly Valued
! 7 Warning Signs
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What is QMS Medical Allied Services Inventory Turnover?

QMS Medical Allied Services NSE:QMSMEDI +3.37% 73 Inventory Turnover is 0.48 as of Mar. 2026. GuruFocus rates NSE:QMSMEDI with a GF Score™ of 73/100 and a GF Value™ of ₹120.80 (Fairly Valued). The stock has 7 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. QMS Medical Allied Services's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹223 Mil. QMS Medical Allied Services's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹459 Mil. QMS Medical Allied Services's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. QMS Medical Allied Services's Days Inventory for the three months ended in Mar. 2026 was 188.19.

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. QMS Medical Allied Services's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.03.


QMS Medical Allied Services  (NSE:QMSMEDI) 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.

QMS Medical Allied Services'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
=459.164/222.639*365 / 4
=188.19

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.

QMS Medical Allied Services'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 )
=459.164 / 444.238
=1.03

* 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.


QMS Medical Allied Services Inventory Turnover Related Terms


QMS Medical Allied Services Inventory Turnover Historical Data

* Premium members only.

The historical data trend for QMS Medical Allied Services'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.

QMS Medical Allied Services Inventory Turnover Chart

QMS Medical Allied Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 4.95 2.87 2.37 2.12 2.17

QMS Medical Allied Services Quarterly Data
Mar20 Mar21 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 0.56 0.66 0.61 0.45 0.48
NSE:QMSMEDI
73GF Score
QMS Medical Allied Services Ltd NSE:QMSMEDI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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QMS Medical Allied Services Inventory Turnover Calculation

QMS Medical Allied Services'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 )
=926.266 / ((393.268 + 459.164) / 2 )
=926.266 / 426.216
=2.17

QMS Medical Allied Services'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 )
=222.639 / ((0 + 459.164) / 1 )
=222.639 / 459.164
=0.48

* 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 0.48 mean?
QMS Medical Allied Services (NSE:QMSMEDI) has a Inventory Turnover of 0.48 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on QMS Medical Allied Services and its competitors.
Is QMS Medical Allied Services' Inventory Turnover too high?
QMS Medical Allied Services' current Inventory Turnover is 0.48. Overall, QMS Medical Allied Services has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QMS Medical Allied Services' Inventory Turnover compare to ISRG and BDX?
QMS Medical Allied Services' Inventory Turnover of 0.48 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Inventory Turnover depends on the Medical Devices & Instruments 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 QMS Medical Allied Services and its competitors. QMS Medical Allied Services's current Inventory Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QMS Medical Allied Services stock overvalued right now?
Based on GuruFocus' analysis, QMS Medical Allied Services (NSE:QMSMEDI) is currently considered Fairly Valued. The stock's GF Value™ is ₹120.80, compared to a current price of ₹116.34 — trading 3.7% below its estimated fair value. The current Inventory Turnover is 0.48. QMS Medical Allied Services' overall GF Score™ is 73/100 with 7 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 QMS Medical Allied Services (NSE:QMSMEDI), the current Inventory Turnover is 0.48 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 QMS Medical Allied Services (NSE:QMSMEDI) Overvalued in 2026?

Based on GuruFocus' analysis, QMS Medical Allied Services stock appears to be undervalued. The current stock price of ₹116.34 is trading 3.7% below its estimated GF Value™ of ₹120.80. GuruFocus considers QMS Medical Allied Services to be Fairly Valued.

Key valuation signals for NSE:QMSMEDI:

  • Inventory Turnover: 0.48
  • GF Value™: ₹120.80 vs. price of ₹116.34 (3.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs

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


QMS Medical Allied Services Business Description

Address Prabhat Colony, Road No. 3, 1A-B/2A-B, Navkala Bharti Building, Plot No. 16, Near Santacruz Bus Depot, Santacruz (East), Mumbai, MH, IND, 400055
QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.
73GF Score

Get the complete analysis for NSE:QMSMEDI

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

₹116.34
Price
₹120.80
GF Value