V-Guard Industries (NSE:VGUARD) Inventory Turnover: 1.11 (As of Mar. 2026)

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NSE:VGUARD V-Guard Industries Ltd NSE:VGUARD
89 GF Score
Price ₹300.95
GF Value ₹420.87
Valuation Modestly Undervalued
! 2 Warning Signs
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What is V-Guard Industries Inventory Turnover?

V-Guard Industries NSE:VGUARD 89 Inventory Turnover is 1.11 as of Mar. 2026. GuruFocus rates NSE:VGUARD with a GF Score™ of 89/100 and a GF Value™ of ₹420.87 (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. V-Guard Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹11,357 Mil. V-Guard Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹10,239 Mil. V-Guard Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. V-Guard Industries's Days Inventory for the three months ended in Mar. 2026 was 82.27.

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. V-Guard Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.58.


V-Guard Industries  (NSE:VGUARD) 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.

V-Guard Industries'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
=10239.3/11356.8*365 / 4
=82.27

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.

V-Guard 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 )
=10239.3 / 17552.7
=0.58

* 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.


V-Guard Industries Inventory Turnover Related Terms


V-Guard Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for V-Guard 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.

V-Guard Industries Inventory Turnover Chart

V-Guard Industries 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 3.24 3.63 4.19 4.05 3.88

V-Guard Industries 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 0.99 0.93 0.84 0.90 1.11
NSE:VGUARD
89GF Score
V-Guard Industries Ltd NSE:VGUARD
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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V-Guard Industries Inventory Turnover Calculation

V-Guard 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 )
=39222 / ((9972.9 + 10239.3) / 2 )
=39222 / 10106.1
=3.88

V-Guard 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=11356.8 / ((0 + 10239.3) / 1 )
=11356.8 / 10239.3
=1.11

* 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 1.11 mean?
V-Guard Industries (NSE:VGUARD) has a Inventory Turnover of 1.11 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on V-Guard Industries and its competitors.
Is V-Guard Industries' Inventory Turnover too high?
V-Guard Industries' current Inventory Turnover is 1.11. Overall, V-Guard Industries has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Guard Industries' Inventory Turnover compare to VRT and BE?
V-Guard Industries' Inventory Turnover of 1.11 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 V-Guard Industries and its competitors. V-Guard Industries's current Inventory Turnover is 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Guard Industries stock overvalued right now?
Based on GuruFocus' analysis, V-Guard Industries (NSE:VGUARD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹420.87, compared to a current price of ₹300.95 — trading 28.5% below its estimated fair value. The current Inventory Turnover is 1.11. V-Guard Industries' overall GF Score™ is 89/100 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 V-Guard Industries (NSE:VGUARD), the current Inventory Turnover is 1.11 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 V-Guard Industries (NSE:VGUARD) Overvalued in 2026?

Based on GuruFocus' analysis, V-Guard Industries stock appears to be undervalued. The current stock price of ₹300.95 is trading 28.5% below its estimated GF Value™ of ₹420.87. GuruFocus considers V-Guard Industries to be Modestly Undervalued.

Key valuation signals for NSE:VGUARD:

  • Inventory Turnover: 1.11
  • GF Value™: ₹420.87 vs. price of ₹300.95 (28.5% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


V-Guard Industries Business Description

Other Exchanges 532953:India
Address 42/962, Vennala High School Road, Vennala, Ernakulam, KL, IND, 682028
V-Guard Industries Ltd is an India-based consumer electrical and electronics company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electricals segment which includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches. The Electronics segment includes Stabilizers, Digital UPS and Solar Inverters. The Consumer segment Durables includes Fans, Water Heaters, Kitchen Appliances, Air Coolers, and Sunflame segment includes products sold under trademark Sunflame and Superflame. The group derives a majority of the revenue from the Electricals segment. Geographically, the company has operations in India.
89GF Score

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

₹300.95
Price
₹420.87
GF Value