Varun Beverages (NSE:VBL) Inventory Turnover: 1.00 (As of Mar. 2026)

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NSE:VBL Varun Beverages Ltd NSE:VBL
98 GF Score
Price ₹463.35
GF Value ₹580.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Varun Beverages Inventory Turnover?

Varun Beverages NSE:VBL -0.69% 98 Inventory Turnover is 1.00 as of Mar. 2026. GuruFocus rates NSE:VBL with a GF Score™ of 98/100 and a GF Value™ of ₹580.11 (Modestly 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. Varun Beverages's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹29,456 Mil. Varun Beverages's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹29,518 Mil. Varun Beverages's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Varun Beverages's Days Inventory for the three months ended in Mar. 2026 was 91.44.

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. Varun Beverages's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.45.

Varun Beverages  (NSE:VBL) 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.

Varun Beverages'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
=29517.89/29456.45*365 / 4
=91.44

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.

Varun Beverages'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 )
=29517.89 / 65741.9
=0.45

* 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.

Varun Beverages Inventory Turnover Related Terms

Varun Beverages Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Varun Beverages'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.

Varun Beverages Inventory Turnover Chart

Varun Beverages Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 3.72 3.64 3.67 3.45

Varun Beverages 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 0.91 1.04 0.69 0.64 1.00
NSE:VBL
98GF Score
Varun Beverages Ltd NSE:VBL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Varun Beverages Inventory Turnover Calculation

Varun Beverages's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=98955.06 / ((27912.34 + 29517.89) / 2 )
=98955.06 / 28715.115
=3.45

Varun Beverages'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 )
=29456.45 / ((29517.89 + 0) / 1 )
=29456.45 / 29517.89
=1.00

* 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 1.00 mean?
Varun Beverages (NSE:VBL) has a Inventory Turnover of 1.00 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Varun Beverages and its competitors.
Is Varun Beverages' Inventory Turnover too high?
Varun Beverages' current Inventory Turnover is 1.00. Overall, Varun Beverages has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varun Beverages' Inventory Turnover compare to KO and PEP?
Varun Beverages' Inventory Turnover of 1.00 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Inventory Turnover depends on the Beverages - Non-Alcoholic 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 Varun Beverages and its competitors. Varun Beverages's current Inventory Turnover is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varun Beverages stock overvalued right now?
Based on GuruFocus' analysis, Varun Beverages (NSE:VBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹580.11, compared to a current price of ₹463.35 — trading 20.1% below its estimated fair value. The current Inventory Turnover is 1.00. Varun Beverages' overall GF Score™ is 98/100 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 Varun Beverages (NSE:VBL), the current Inventory Turnover is 1.00 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 Varun Beverages (NSE:VBL) Overvalued in 2026?

Based on GuruFocus' analysis, Varun Beverages stock appears to be undervalued. The current stock price of ₹463.35 is trading 20.1% below its estimated GF Value™ of ₹580.11. GuruFocus considers Varun Beverages to be Modestly Undervalued.

Key valuation signals for NSE:VBL:

  • Inventory Turnover: 1.00
  • GF Value™: ₹580.11 vs. price of ₹463.35 (20.1% below fair value)
  • GF Score™: 98/100 with 2 warning signs

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

Varun Beverages Business Description

Other Exchanges 540180:India
Address Institutional Area, Plot No. 31, Sector - 44, Gurugram, HR, IND, 122002
Varun Beverages Ltd is engaged in manufacturing, selling, bottling, and distribution of beverages of the Pepsi brand in geographically pre-defined territories of India, Sri Lanka, Nepal, Zambia, Morocco, and Zimbabwe. Its brands include Seven-Up, Mountain Dew, Mirinda, Nimbooz, Tropicana Slice, and other related products. The firm generates a majority of its revenue within India.
98GF Score

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

₹463.35
Price
₹580.11
GF Value