Indian Oil's total inventories for the quarter that ended in Mar. 2026 was ₹1,171,327 Mil. Indian Oil's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹585,664 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Indian Oil's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹-158.40.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Indian Oil's Days Inventory for the
three
months ended in Mar. 2026 was 32.23.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Indian Oil's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.83.
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.
Indian Oil's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.28.
Indian Oil (NSE:IOC) 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.
Indian Oil's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
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.
Indian Oil's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Indian Oil Total Inventories Related Terms
Indian Oil Total Inventories Historical Data
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The historical data trend for Indian Oil'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.
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.
What does a Total Inventories of ₹1,171,327 Mil mean?
Indian Oil (NSE:IOC) has a Total Inventories of ₹1,171,327 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Indian Oil and its competitors.
Is Indian Oil's Total Inventories too high?
Indian Oil's current Total Inventories is ₹1,171,327 Mil. Overall, Indian Oil has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Oil's Total Inventories compare to VLO and MPC?
Indian Oil's Total Inventories of ₹1,171,327 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas 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 Indian Oil and its competitors. Indian Oil's current Total Inventories is ₹1,171,327 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Oil stock overvalued right now?
Based on GuruFocus' analysis, Indian Oil (NSE:IOC) is currently considered Fairly Valued. The stock's GF Value™ is ₹154.47, compared to a current price of ₹146.30 — trading 5.3% below its estimated fair value. The current Total Inventories is ₹1,171,327 Mil. Indian Oil's overall GF Score™ is 83/100 with 5 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 Indian Oil (NSE:IOC), the current Total Inventories is ₹1,171,327 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 Indian Oil (NSE:IOC) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Oil stock appears to be undervalued.
The current stock price of ₹146.30 is trading 5.3% below its estimated GF Value™ of ₹154.47.
GuruFocus considers Indian Oil to be Fairly Valued.
Key valuation signals for NSE:IOC:
Total Inventories: ₹1,171,327 Mil
GF Value™: ₹154.47 vs. price of ₹146.30 (5.3% below fair value)
No single metric tells the full story. See the NSE:IOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Oil Corp Ltd conducts business across the entire hydrocarbon value chain, from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources, and globalisation of downstream operations. The group is engaged in the following business segments: Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and the Other operating segment, which includes oil and gas exploration activities, explosives and cryogenic business, and windmill and solar power generation. The majority of its revenue is generated from the sale of petroleum products such as motor spirit, high speed diesel, liquified petroleum gas, aviation turbine fuel, and others. Geographically, it derives key revenue from India.
83GF Score
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