Rex Pipes and Cables Industries (NSE:REXPIPES) Inventory Turnover: 1.81 (As of Mar. 2026)

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NSE:REXPIPES Rex Pipes and Cables Industries Ltd NSE:REXPIPES
61 GF Score
Price ₹171.00
GF Value ₹76.32
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Rex Pipes and Cables Industries Inventory Turnover?

Rex Pipes and Cables Industries NSE:REXPIPES 61 Inventory Turnover is 1.81 as of Mar. 2026. GuruFocus rates NSE:REXPIPES with a GF Score™ of 61/100 and a GF Value™ of ₹76.32 (Significantly Overvalued). 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. Rex Pipes and Cables Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹489 Mil. Rex Pipes and Cables Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹270 Mil. Rex Pipes and Cables Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rex Pipes and Cables Industries's Days Inventory for the six months ended in Mar. 2026 was 100.72.

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. Rex Pipes and Cables Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.45.


Rex Pipes and Cables Industries  (NSE:REXPIPES) 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.

Rex Pipes and Cables Industries's Days Inventory for the six 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
=269.9275/489.084*365 / 2
=100.72

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.

Rex Pipes and Cables Industries'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 )
=269.9275 / 598.19
=0.45

* 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.


Rex Pipes and Cables Industries Inventory Turnover Related Terms


Rex Pipes and Cables Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Rex Pipes and Cables Industries'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.

Rex Pipes and Cables Industries Inventory Turnover Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 6.64 7.89 5.43 3.79 3.50

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.48 2.30 1.69 1.78 1.81
NSE:REXPIPES
61GF Score
Rex Pipes and Cables Industries Ltd NSE:REXPIPES
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rex Pipes and Cables Industries Inventory Turnover Calculation

Rex Pipes and Cables Industries'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 )
=999.794 / ((303.496 + 267.927) / 2 )
=999.794 / 285.7115
=3.50

Rex Pipes and Cables Industries'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=489.084 / ((271.928 + 267.927) / 2 )
=489.084 / 269.9275
=1.81

* 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 1.81 mean?
Rex Pipes and Cables Industries (NSE:REXPIPES) has a Inventory Turnover of 1.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Rex Pipes and Cables Industries and its competitors.
Is Rex Pipes and Cables Industries' Inventory Turnover too high?
Rex Pipes and Cables Industries' current Inventory Turnover is 1.81. Overall, Rex Pipes and Cables Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rex Pipes and Cables Industries' Inventory Turnover compare to LIN and SHW?
Rex Pipes and Cables Industries' Inventory Turnover of 1.81 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Rex Pipes and Cables Industries and its competitors. Rex Pipes and Cables Industries's current Inventory Turnover is 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rex Pipes and Cables Industries stock overvalued right now?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries (NSE:REXPIPES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹76.32, compared to a current price of ₹171.00 — trading 124.1% above its estimated fair value. The current Inventory Turnover is 1.81. Rex Pipes and Cables Industries' overall GF Score™ is 61/100 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 Rex Pipes and Cables Industries (NSE:REXPIPES), the current Inventory Turnover is 1.81 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 Rex Pipes and Cables Industries (NSE:REXPIPES) Overvalued in 2026?

Based on GuruFocus' analysis, Rex Pipes and Cables Industries stock appears to be overvalued. The current stock price of ₹171.00 is trading 124.1% above its estimated GF Value™ of ₹76.32. GuruFocus considers Rex Pipes and Cables Industries to be Significantly Overvalued.

Key valuation signals for NSE:REXPIPES:

  • Inventory Turnover: 1.81
  • GF Value™: ₹76.32 vs. price of ₹171.00 (124.1% above fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Rex Pipes and Cables Industries Business Description

Address F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd operates in the PVC products market, manufacturing environment-friendly PVC pipes and allied products designed for irrigation, plumbing, industrial, domestic and technical applications. The Company serves agriculture, power, construction and engineering sectors, producing insulated winding wires, PVC and HDPE pipes, low-voltage PVC cables up to 1.1 KV, flexible house wires and screened cables supplied through dealer and distributor networks. Its product portfolio includes PVC electrical conduit pipes, three-core flat cables, single-core flexible house wires, sprinkler systems, HDPE coils and pipes, as well as automobile-related products such as shipping containers, commercial container trucks, vanity vans, motorhomes, camper cars, RVs and school buses.
61GF Score

Get the complete analysis for NSE:REXPIPES

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

₹171.00
Price
₹76.32
GF Value