Viaz Tyres (NSE:VIAZ) Inventory Turnover: 4.17 (As of Mar. 2026)

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NSE:VIAZ Viaz Tyres Ltd NSE:VIAZ
83 GF Score
Price ₹61.00
GF Value ₹120.89
Valuation Possible Value Trap
! 6 Warning Signs
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What is Viaz Tyres Inventory Turnover?

Viaz Tyres NSE:VIAZ -1.29% 83 Inventory Turnover is 4.17 as of Mar. 2026. GuruFocus rates NSE:VIAZ with a GF Score™ of 83/100 and a GF Value™ of ₹120.89 (Possible Value Trap). The stock has 6 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. Viaz Tyres's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹573.2 Mil. Viaz Tyres's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹137.4 Mil. Viaz Tyres's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Viaz Tyres's Days Inventory for the six months ended in Mar. 2026 was 43.74.

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. Viaz Tyres's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.21.


Viaz Tyres  (NSE:VIAZ) 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.

Viaz Tyres'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
=137.386/573.235*365 / 2
=43.74

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.

Viaz Tyres'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 )
=137.386 / 657.404
=0.21

* 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.


Viaz Tyres Inventory Turnover Related Terms


Viaz Tyres Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Viaz Tyres'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.

Viaz Tyres Inventory Turnover Chart

Viaz Tyres Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 2.61 3.72 3.51 3.43 6.78

Viaz Tyres Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover Get a 7-Day Free Trial 1.81 1.65 0.00 1.72 4.17
NSE:VIAZ
83GF Score
Viaz Tyres Ltd NSE:VIAZ
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Viaz Tyres Inventory Turnover Calculation

Viaz Tyres'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 )
=931.685 / ((138.637 + 136.135) / 2 )
=931.685 / 137.386
=6.78

Viaz Tyres'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=573.235 / ((138.637 + 136.135) / 2 )
=573.235 / 137.386
=4.17

* 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 4.17 mean?
Viaz Tyres (NSE:VIAZ) has a Inventory Turnover of 4.17 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Viaz Tyres and its competitors.
Is Viaz Tyres' Inventory Turnover too high?
Viaz Tyres' current Inventory Turnover is 4.17. Overall, Viaz Tyres has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viaz Tyres' Inventory Turnover compare to ORLY and AZO?
Viaz Tyres' Inventory Turnover of 4.17 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 Viaz Tyres and its competitors. Viaz Tyres's current Inventory Turnover is 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viaz Tyres stock overvalued right now?
Based on GuruFocus' analysis, Viaz Tyres (NSE:VIAZ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹120.89, compared to a current price of ₹61.00 — trading 49.5% below its estimated fair value. The current Inventory Turnover is 4.17. Viaz Tyres' overall GF Score™ is 83/100 with 6 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 Viaz Tyres (NSE:VIAZ), the current Inventory Turnover is 4.17 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 Viaz Tyres (NSE:VIAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Viaz Tyres stock appears to be undervalued. The current stock price of ₹61.00 is trading 49.5% below its estimated GF Value™ of ₹120.89. GuruFocus considers Viaz Tyres to be Possible Value Trap.

Key valuation signals for NSE:VIAZ:

  • Inventory Turnover: 4.17
  • GF Value™: ₹120.89 vs. price of ₹61.00 (49.5% below fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Viaz Tyres Business Description

Address Sal Hospital Road, 915/916, Maple Trade, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380059
Viaz Tyres Ltd is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Its product portfolio comprises bicycle tyres, bicycle butyl moulded tubes, scooter and moped tubes, passenger car tubes, farm vehicle tubes, lubricants, grease, tubless tyre kits, and multipurpose air pumps, among others. The company operates in a single business segment, which comprises the manufacturing and selling of Tubes and Tyres. Its geographical segment is considered based on sales within India and outside India.
83GF Score

Get the complete analysis for NSE:VIAZ

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

₹61.00
Price
₹120.89
GF Value