Sheel Biotech (NSE:SHEEL) Inventory Turnover: 1.97 (As of Mar. 2026)

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NSE:SHEEL Sheel Biotech Ltd NSE:SHEEL
18 GF Score
Price ₹65.10
! 2 Warning Signs
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What is Sheel Biotech Inventory Turnover?

Sheel Biotech NSE:SHEEL 18 Inventory Turnover is 1.97 as of Mar. 2026. GuruFocus rates NSE:SHEEL with a GF Score™ of 18/100. 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. Sheel Biotech's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹680 Mil. Sheel Biotech's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹345 Mil. Sheel Biotech's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sheel Biotech's Days Inventory for the six months ended in Mar. 2026 was 92.59.

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. Sheel Biotech's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.


Sheel Biotech  (NSE:SHEEL) 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.

Sheel Biotech'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
=344.752/679.501*365 / 2
=92.59

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.

Sheel Biotech'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 )
=344.752 / 1100.224
=0.31

* 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.


Sheel Biotech Inventory Turnover Related Terms


Sheel Biotech Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Sheel Biotech'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.

Sheel Biotech Inventory Turnover Chart

Sheel Biotech Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
3.99 3.41 2.20 1.80 1.97

Sheel Biotech Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover 3.99 3.41 2.20 1.80 1.97
NSE:SHEEL
18GF Score
Sheel Biotech Ltd NSE:SHEEL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sheel Biotech Inventory Turnover Calculation

Sheel Biotech'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 )
=679.501 / ((393.853 + 295.651) / 2 )
=679.501 / 344.752
=1.97

Sheel Biotech'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=679.501 / ((393.853 + 295.651) / 2 )
=679.501 / 344.752
=1.97

* 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 1.97 mean?
Sheel Biotech (NSE:SHEEL) has a Inventory Turnover of 1.97 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Sheel Biotech and its competitors.
Is Sheel Biotech's Inventory Turnover too high?
Sheel Biotech's current Inventory Turnover is 1.97. Overall, Sheel Biotech has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Sheel Biotech's Inventory Turnover compare to ADM and BG?
Sheel Biotech's Inventory Turnover of 1.97 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Sheel Biotech and its competitors. Sheel Biotech's current Inventory Turnover is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheel Biotech stock overvalued right now?
Sheel Biotech (NSE:SHEEL) has a current Inventory Turnover of 1.97. The current Inventory Turnover is 1.97. Sheel Biotech's overall GF Score™ is 18/100 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 Sheel Biotech (NSE:SHEEL), the current Inventory Turnover is 1.97 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.

Sheel Biotech Business Description

Address Guru Ravidas Marg, 8 Balaji Estates, 2nd Floor, Block-C, Kalkaji, South Delhi, New Delhi, IND, 110019
Sheel Biotech Ltd is engaged in the business of growing, developing, processing, and supplying a wide range of plants for field crops, fruits, vegetables, and ornamental plants through tissue culture and organic farming. It manufactures and maintain greenhouses, offer services to farmers and provide training through Farmer Producer Organizations (FPOs). The company also has a Research and Development lab with a capacity of production of 10 million* planting materials which is duly recognized by the Department of Biotechnology (DBT), Government of India.
18GF Score

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