Solex Energy (NSE:SOLEX) Inventory Turnover: 2.56 (As of Mar. 2026)


NSE:SOLEX Solex Energy Ltd NSE:SOLEX
81 GF Score
Price ₹998.00
GF Value ₹3,994.31
Valuation Possible Value Trap
! 3 Warning Signs
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What is Solex Energy Inventory Turnover?

Solex Energy NSE:SOLEX -2.00% 81 Inventory Turnover is 2.56 as of Mar. 2026. GuruFocus rates NSE:SOLEX with a GF Score™ of 81/100 and a GF Value™ of ₹3,994.31 (Possible Value Trap). The stock has 3 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. Solex Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹7,437 Mil. Solex Energy's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹2,905 Mil. Solex Energy's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solex Energy's Days Inventory for the three months ended in Mar. 2026 was 35.64.

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. Solex Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.33.

Solex Energy  (NSE:SOLEX) 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.

Solex Energy'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
=2904.7/7436.98*365 / 4
=35.64

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.

Solex Energy'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 )
=2904.7 / 8855.32
=0.33

* 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.

Solex Energy Inventory Turnover Related Terms

Solex Energy Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Solex Energy'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.

Solex Energy Inventory Turnover Chart

Solex Energy 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 5.90 6.24 6.50 4.16 5.55

Solex Energy Quarterly Data
Jul17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 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 0.94 1.09 0.42 0.83 2.56
NSE:SOLEX
81GF Score
Solex Energy Ltd NSE:SOLEX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Solex Energy Inventory Turnover Calculation

Solex Energy'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 )
=13030.89 / ((1795.179 + 2904.7) / 2 )
=13030.89 / 2349.9395
=5.55

Solex Energy'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 )
=7436.98 / ((0 + 2904.7) / 1 )
=7436.98 / 2904.7
=2.56

* 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 2.56 mean?
Solex Energy (NSE:SOLEX) has a Inventory Turnover of 2.56 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solex Energy and its competitors.
Is Solex Energy's Inventory Turnover too high?
Solex Energy's current Inventory Turnover is 2.56. Overall, Solex Energy has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's Inventory Turnover compare to FSLR and NXT?
Solex Energy's Inventory Turnover of 2.56 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Solex Energy and its competitors. Solex Energy's current Inventory Turnover is 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,994.31, compared to a current price of ₹998.00 — trading 75% below its estimated fair value. The current Inventory Turnover is 2.56. Solex Energy's overall GF Score™ is 81/100 with 3 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 Solex Energy (NSE:SOLEX), the current Inventory Turnover is 2.56 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 Solex Energy (NSE:SOLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued. The current stock price of ₹998.00 is trading 75% below its estimated GF Value™ of ₹3,994.31. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • Inventory Turnover: 2.56
  • GF Value™: ₹3,994.31 vs. price of ₹998.00 (75% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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

Solex Energy Business Description

Address Opposite R.T.O Pal, 8th Floor, 801-812, Rio Empire, Surat, GJ, IND, 395009
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
81GF Score

Get the complete analysis for NSE:SOLEX

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

₹998.00
Price
₹3,994.31
GF Value