SML Mahindra (NSE:SMLMAH) Inventory Turnover: 1.13 (As of Jun. 2026)

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NSE:SMLMAH SML Mahindra Ltd NSE:SMLMAH
73 GF Score
Price ₹3,844.40
GF Value ₹2,731.44
Valuation Significantly Overvalued
! 1 Warning Sign
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What is SML Mahindra Inventory Turnover?

SML Mahindra NSE:SMLMAH -1.41% 73 Inventory Turnover is 1.13 as of Jun. 2026. GuruFocus rates NSE:SMLMAH with a GF Score™ of 73/100 and a GF Value™ of ₹2,731.44 (Significantly Overvalued). The stock has 1 warning sign 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. SML Mahindra's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹7,438 Mil. SML Mahindra's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹6,607 Mil. SML Mahindra's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SML Mahindra's Days Inventory for the three months ended in Jun. 2026 was 81.06.

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. SML Mahindra's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.69.


SML Mahindra  (NSE:SMLMAH) 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.

SML Mahindra's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=6606.745/7437.7*365 / 4
=81.06

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.

SML Mahindra's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=6606.745 / 9575.4
=0.69

* 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.


SML Mahindra Inventory Turnover Related Terms


SML Mahindra Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SML Mahindra'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.

SML Mahindra Inventory Turnover Chart

SML Mahindra 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 2.74 4.08 3.40 3.16 3.51

SML Mahindra Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.11 0.71 0.67 1.07 1.13
NSE:SMLMAH
73GF Score
SML Mahindra Ltd NSE:SMLMAH
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SML Mahindra Inventory Turnover Calculation

SML Mahindra'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 )
=21728.917 / ((5779.937 + 6606.745) / 2 )
=21728.917 / 6193.341
=3.51

SML Mahindra's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=7437.7 / ((6606.745 + 0) / 1 )
=7437.7 / 6606.745
=1.13

* 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 1.13 mean?
SML Mahindra (NSE:SMLMAH) has a Inventory Turnover of 1.13 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SML Mahindra and its competitors.
Is SML Mahindra's Inventory Turnover too high?
SML Mahindra's current Inventory Turnover is 1.13. Overall, SML Mahindra has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SML Mahindra's Inventory Turnover compare to TSLA and GM?
SML Mahindra's Inventory Turnover of 1.13 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 SML Mahindra and its competitors. SML Mahindra's current Inventory Turnover is 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SML Mahindra stock overvalued right now?
Based on GuruFocus' analysis, SML Mahindra (NSE:SMLMAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,731.44, compared to a current price of ₹3,844.40 — trading 40.7% above its estimated fair value. The current Inventory Turnover is 1.13. SML Mahindra's overall GF Score™ is 73/100 with 1 warning sign 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 SML Mahindra (NSE:SMLMAH), the current Inventory Turnover is 1.13 as of Jun. 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 SML Mahindra (NSE:SMLMAH) Overvalued in 2026?

Based on GuruFocus' analysis, SML Mahindra stock appears to be overvalued. The current stock price of ₹3,844.40 is trading 40.7% above its estimated GF Value™ of ₹2,731.44. GuruFocus considers SML Mahindra to be Significantly Overvalued.

Key valuation signals for NSE:SMLMAH:

  • Inventory Turnover: 1.13
  • GF Value™: ₹2,731.44 vs. price of ₹3,844.40 (40.7% above fair value)
  • GF Score™: 73/100 with 1 warning sign

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


SML Mahindra Business Description

Other Exchanges 505192:India
Address SCO 204-205, Sector 34-A, Chandigarh, PB, IND, 160 022
SML Mahindra Ltd, formerly SML Isuzu Ltd is engaged in the business of manufacturing and selling of commercial vehicles including light and medium-duty trucks, buses, ambulances, and specialized vehicles. The company integrates Japanese technology with local manufacturing to offer reliable and cost-effective transportation solutions. Its product portfolio spans cargo trucks and passenger buses with variants that support different industries such as education, tourism, and corporate transport. Revenue is majorly generated through the sale of vehicles and after-sales services including telematics support. The company operates predominantly in India and exports to several countries across Africa and Asia.
73GF Score

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

₹3,844.40
Price
₹2,731.44
GF Value