Sunlite Recycling Industries (NSE:SUNLITE) Inventory Turnover: 19.61 (As of Mar. 2026)


NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
52 GF Score
Price ₹449.00
! 1 Warning Sign
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What is Sunlite Recycling Industries Inventory Turnover?

Sunlite Recycling Industries NSE:SUNLITE -0.85% 52 Inventory Turnover is 19.61 as of Mar. 2026. GuruFocus rates NSE:SUNLITE with a GF Score™ of 52/100. 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. Sunlite Recycling Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹16,046 Mil. Sunlite Recycling Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹818 Mil. Sunlite Recycling Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 19.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunlite Recycling Industries's Days Inventory for the six months ended in Mar. 2026 was 9.30.

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. Sunlite Recycling Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.05.


Sunlite Recycling Industries  (NSE:SUNLITE) 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.

Sunlite Recycling Industries'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
=818.123/16046.275*365 / 2
=9.30

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.

Sunlite Recycling Industries'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 )
=818.123 / 16687.886
=0.05

* 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.


Sunlite Recycling Industries Inventory Turnover Related Terms


Sunlite Recycling Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling Industries'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.

Sunlite Recycling Industries Inventory Turnover Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 52.56 35.94 33.00 35.81 38.17

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 18.59 15.79 15.74 19.01 19.61
NSE:SUNLITE
52GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling Industries Inventory Turnover Calculation

Sunlite Recycling Industries'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 )
=26874.429 / ((455.628 + 952.565) / 2 )
=26874.429 / 704.0965
=38.17

Sunlite Recycling Industries'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=16046.275 / ((683.681 + 952.565) / 2 )
=16046.275 / 818.123
=19.61

* 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 19.61 mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a Inventory Turnover of 19.61 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Sunlite Recycling Industries and its competitors.
Is Sunlite Recycling Industries' Inventory Turnover too high?
Sunlite Recycling Industries' current Inventory Turnover is 19.61. Overall, Sunlite Recycling Industries has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Inventory Turnover compare to VRT and BE?
Sunlite Recycling Industries' Inventory Turnover of 19.61 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Sunlite Recycling Industries and its competitors. Sunlite Recycling Industries's current Inventory Turnover is 19.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Inventory Turnover of 19.61. The current Inventory Turnover is 19.61. Sunlite Recycling Industries' overall GF Score™ is 52/100 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Inventory Turnover is 19.61 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.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
52GF Score

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

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