Safari Industries (India) (NSE:SAFARI) Inventory Turnover: 0.73 (As of Mar. 2026)

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NSE:SAFARI Safari Industries (India) Ltd NSE:SAFARI
76 GF Score
Price ₹1,594.20
GF Value ₹2,725.41
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Safari Industries (India) Inventory Turnover?

Safari Industries (India) NSE:SAFARI +3.59% 76 Inventory Turnover is 0.73 as of Mar. 2026. GuruFocus rates NSE:SAFARI with a GF Score™ of 76/100 and a GF Value™ of ₹2,725.41 (Significantly Undervalued). The stock has 2 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. Safari Industries (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,399 Mil. Safari Industries (India)'s Average Total Inventories for the quarter that ended in Mar. 2026 was ₹3,301 Mil. Safari Industries (India)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safari Industries (India)'s Days Inventory for the three months ended in Mar. 2026 was 125.57.

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. Safari Industries (India)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.70.


Safari Industries (India)  (NSE:SAFARI) 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.

Safari Industries (India)'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
=3300.6/2398.5*365 / 4
=125.57

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.

Safari Industries (India)'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 )
=3300.6 / 4733
=0.70

* 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.


Safari Industries (India) Inventory Turnover Related Terms


Safari Industries (India) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Safari Industries (India)'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.

Safari Industries (India) Inventory Turnover Chart

Safari Industries (India) 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 3.55 3.48 3.17 3.22 3.32

Safari Industries (India) 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 0.61 0.82 0.92 0.90 0.73
NSE:SAFARI
76GF Score
Safari Industries (India) Ltd NSE:SAFARI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Safari Industries (India) Inventory Turnover Calculation

Safari Industries (India)'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 )
=11291.6 / ((3504.4 + 3300.6) / 2 )
=11291.6 / 3402.5
=3.32

Safari Industries (India)'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 )
=2398.5 / ((0 + 3300.6) / 1 )
=2398.5 / 3300.6
=0.73

* 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 0.73 mean?
Safari Industries (India) (NSE:SAFARI) has a Inventory Turnover of 0.73 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Safari Industries (India) and its competitors.
Is Safari Industries (India)'s Inventory Turnover too high?
Safari Industries (India)'s current Inventory Turnover is 0.73. Overall, Safari Industries (India) has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safari Industries (India)'s Inventory Turnover compare to NKE and DECK?
Safari Industries (India)'s Inventory Turnover of 0.73 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Safari Industries (India) and its competitors. Safari Industries (India)'s current Inventory Turnover is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safari Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Safari Industries (India) (NSE:SAFARI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,725.41, compared to a current price of ₹1,594.20 — trading 41.5% below its estimated fair value. The current Inventory Turnover is 0.73. Safari Industries (India)'s overall GF Score™ is 76/100 with 2 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 Safari Industries (India) (NSE:SAFARI), the current Inventory Turnover is 0.73 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 Safari Industries (India) (NSE:SAFARI) Overvalued in 2026?

Based on GuruFocus' analysis, Safari Industries (India) stock appears to be undervalued. The current stock price of ₹1,594.20 is trading 41.5% below its estimated GF Value™ of ₹2,725.41. GuruFocus considers Safari Industries (India) to be Significantly Undervalued.

Key valuation signals for NSE:SAFARI:

  • Inventory Turnover: 0.73
  • GF Value™: ₹2,725.41 vs. price of ₹1,594.20 (41.5% below fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Safari Industries (India) Business Description

Other Exchanges 523025:India
Address A/2, MV Road, 302-303, A Wing, The Qube, CTS No. 1498, Marol, Andheri (East), Mumbai, MH, IND, 400059
Safari Industries (India) Ltd is an India-based company engaged in the manufacturing and marketing of luggage and luggage accessories. The company offers Hard luggage cases and Soft luggage cases. The company's product range includes Laptop bags, Backpacks, suitcases, four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, and others.
76GF Score

Get the complete analysis for NSE:SAFARI

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

₹1,594.20
Price
₹2,725.41
GF Value