Avance Technologies (BOM:512149) Total Inventories: ₹908 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:512149 Avance Technologies Ltd BOM:512149
41 GF Score
Price ₹0.90
GF Value ₹1.22
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Avance Technologies Total Inventories?

Avance Technologies BOM:512149 -1.10% 41 Total Inventories is ₹908 Mil as of Mar. 2026. GuruFocus rates BOM:512149 with a GF Score™ of 41/100 and a GF Value™ of ₹1.22 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Avance Technologies's total inventories for the quarter that ended in Mar. 2026 was ₹908 Mil. Avance Technologies's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹454 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Avance Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹-0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avance Technologies's Days Inventory for the three months ended in Mar. 2026 was 131.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avance Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.69.

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. Avance Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.47.


Avance Technologies  (BOM:512149) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Avance Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(832.503+0.75 * 421.255+0.5 * 907.965-2548.525
-0-0)/1981.917
=-0.48

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Avance Technologies'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
=453.9825/314.187*365 / 4
=131.85

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Avance Technologies's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=314.187 / 453.9825
=0.69

4. 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.

Avance Technologies'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 )
=453.9825 / 309.353
=1.47

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Avance Technologies Total Inventories Related Terms


Avance Technologies Total Inventories Historical Data

* Premium members only.

The historical data trend for Avance Technologies's Total Inventories 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.

Avance Technologies Total Inventories Chart

Avance Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.75 65.86 195.55 356.33 907.97

Avance Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 356.33 0.00 431.90 0.00 907.97
BOM:512149
41GF Score
Avance Technologies Ltd BOM:512149
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avance Technologies Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹908 Mil mean?
Avance Technologies (BOM:512149) has a Total Inventories of ₹908 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Avance Technologies and its competitors.
Is Avance Technologies' Total Inventories too high?
Avance Technologies' current Total Inventories is ₹908 Mil. Overall, Avance Technologies has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avance Technologies' Total Inventories compare to IBM and ACN?
Avance Technologies' Total Inventories of ₹908 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Software company?
A good Total Inventories depends on the Software industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Avance Technologies and its competitors. Avance Technologies's current Total Inventories is ₹908 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Technologies stock overvalued right now?
Based on GuruFocus' analysis, Avance Technologies (BOM:512149) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.22, compared to a current price of ₹0.90 — trading 26.2% below its estimated fair value. The current Total Inventories is ₹908 Mil. Avance Technologies' overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Avance Technologies (BOM:512149), the current Total Inventories is ₹908 Mil 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 Avance Technologies (BOM:512149) Overvalued in 2026?

Based on GuruFocus' analysis, Avance Technologies stock appears to be undervalued. The current stock price of ₹0.90 is trading 26.2% below its estimated GF Value™ of ₹1.22. GuruFocus considers Avance Technologies to be Modestly Undervalued.

Key valuation signals for BOM:512149:

  • Total Inventories: ₹908 Mil
  • GF Value™: ₹1.22 vs. price of ₹0.90 (26.2% below fair value)
  • GF Score™: 41/100 with 6 warning signs

No single metric tells the full story. See the BOM:512149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avance Technologies Business Description

Address MIDC, No. B-404, Technocity IT Park, Mahape, Navi Mumbai, MH, IND, 400705
Avance Technologies Ltd operates in software-related products. It offers technology solutions to help businesses optimize their digital ecosystems. The company's key services include: digital infrastructure solutions, embedded device management, hybrid infrastructure services, cloud integration and management, data center management and optimization, and IoT infrastructure management, among others. It caters to the technological needs of businesses across various sectors such as healthcare, finance, manufacturing, and hospitality.
41GF Score

Get the complete analysis for BOM:512149

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

₹0.90
Price
₹1.22
GF Value