Renaissance Global (NSE:RGL) Inventory Turnover: 0.32 (As of Mar. 2026)

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NSE:RGL Renaissance Global Ltd NSE:RGL
55 GF Score
Price ₹121.06
GF Value ₹65.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Renaissance Global Inventory Turnover?

Renaissance Global NSE:RGL +4.13% 55 Inventory Turnover is 0.32 as of Mar. 2026. GuruFocus rates NSE:RGL with a GF Score™ of 55/100 and a GF Value™ of ₹65.08 (Significantly Overvalued). The stock has 4 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. Renaissance Global's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,043 Mil. Renaissance Global's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹9,410 Mil. Renaissance Global's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Renaissance Global's Days Inventory for the three months ended in Mar. 2026 was 282.18.

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. Renaissance Global's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.47.


Renaissance Global  (NSE:RGL) 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.

Renaissance Global'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
=9409.504/3042.785*365 / 4
=282.18

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.

Renaissance Global'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 )
=9409.504 / 3817.01
=2.47

* 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.


Renaissance Global Inventory Turnover Related Terms


Renaissance Global Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Renaissance Global'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.

Renaissance Global Inventory Turnover Chart

Renaissance Global Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.81 1.62 1.18 1.14

Renaissance Global 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 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 Premium Member Only 0.28 0.39 0.37 0.71 0.32
NSE:RGL
55GF Score
Renaissance Global Ltd NSE:RGL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Renaissance Global Inventory Turnover Calculation

Renaissance Global'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 )
=10860.558 / ((9647.624 + 9409.504) / 2 )
=10860.558 / 9528.564
=1.14

Renaissance Global'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 )
=3042.785 / ((0 + 9409.504) / 1 )
=3042.785 / 9409.504
=0.32

* 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 0.32 mean?
Renaissance Global (NSE:RGL) has a Inventory Turnover of 0.32 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Renaissance Global and its competitors.
Is Renaissance Global's Inventory Turnover too high?
Renaissance Global's current Inventory Turnover is 0.32. Overall, Renaissance Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's Inventory Turnover compare to TPR?
Renaissance Global's Inventory Turnover of 0.32 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Renaissance Global and its competitors. Renaissance Global's current Inventory Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (NSE:RGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹65.08, compared to a current price of ₹121.06 — trading 86% above its estimated fair value. The current Inventory Turnover is 0.32. Renaissance Global's overall GF Score™ is 55/100 with 4 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 Renaissance Global (NSE:RGL), the current Inventory Turnover is 0.32 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 Renaissance Global (NSE:RGL) Overvalued in 2026?

Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued. The current stock price of ₹121.06 is trading 86% above its estimated GF Value™ of ₹65.08. GuruFocus considers Renaissance Global to be Significantly Overvalued.

Key valuation signals for NSE:RGL:

  • Inventory Turnover: 0.32
  • GF Value™: ₹65.08 vs. price of ₹121.06 (86% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Renaissance Global Business Description

Other Exchanges 532923:India
Address Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
55GF Score

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

₹121.06
Price
₹65.08
GF Value