Tata Motors Passenger Vehicles (NSE:TMPV) Inventory Turnover: 1.33 (As of Mar. 2026)


NSE:TMPV Tata Motors Passenger Vehicles Ltd NSE:TMPV
69 GF Score
Price ₹349.70
GF Value ₹333.08
Valuation Fairly Valued
! 6 Warning Signs
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What is Tata Motors Passenger Vehicles Inventory Turnover?

Tata Motors Passenger Vehicles NSE:TMPV -1.37% 69 Inventory Turnover is 1.33 as of Mar. 2026. GuruFocus rates NSE:TMPV with a GF Score™ of 69/100 and a GF Value™ of ₹333.08 (Fairly Valued). 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. Tata Motors Passenger Vehicles's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹665,780 Mil. Tata Motors Passenger Vehicles's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹501,260 Mil. Tata Motors Passenger Vehicles's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tata Motors Passenger Vehicles's Days Inventory for the three months ended in Mar. 2026 was 68.70.

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. Tata Motors Passenger Vehicles's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.48.


Tata Motors Passenger Vehicles  (NSE:TMPV) 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.

Tata Motors Passenger Vehicles'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
=501260/665780*365 / 4
=68.70

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.

Tata Motors Passenger Vehicles'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 )
=501260 / 1049230
=0.48

* 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.


Tata Motors Passenger Vehicles Inventory Turnover Related Terms


Tata Motors Passenger Vehicles Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tata Motors Passenger Vehicles'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.

Tata Motors Passenger Vehicles Inventory Turnover Chart

Tata Motors Passenger Vehicles 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 5.11 6.00 6.21 4.70 4.43

Tata Motors Passenger Vehicles 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 1.26 1.42 1.19 1.09 1.33
NSE:TMPV
69GF Score
Tata Motors Passenger Vehicles Ltd NSE:TMPV
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tata Motors Passenger Vehicles Inventory Turnover Calculation

Tata Motors Passenger Vehicles'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 )
=2158510 / ((472690 + 501260) / 2 )
=2158510 / 486975
=4.43

Tata Motors Passenger Vehicles'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 )
=665780 / ((0 + 501260) / 1 )
=665780 / 501260
=1.33

* 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 1.33 mean?
Tata Motors Passenger Vehicles (NSE:TMPV) has a Inventory Turnover of 1.33 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tata Motors Passenger Vehicles and its competitors.
Is Tata Motors Passenger Vehicles' Inventory Turnover too high?
Tata Motors Passenger Vehicles' current Inventory Turnover is 1.33. Overall, Tata Motors Passenger Vehicles has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Motors Passenger Vehicles' Inventory Turnover compare to TSLA and GM?
Tata Motors Passenger Vehicles' Inventory Turnover of 1.33 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 Tata Motors Passenger Vehicles and its competitors. Tata Motors Passenger Vehicles's current Inventory Turnover is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Motors Passenger Vehicles stock overvalued right now?
Based on GuruFocus' analysis, Tata Motors Passenger Vehicles (NSE:TMPV) is currently considered Fairly Valued. The stock's GF Value™ is ₹333.08, compared to a current price of ₹349.70 — trading 5% above its estimated fair value. The current Inventory Turnover is 1.33. Tata Motors Passenger Vehicles' overall GF Score™ is 69/100 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 Tata Motors Passenger Vehicles (NSE:TMPV), the current Inventory Turnover is 1.33 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 Tata Motors Passenger Vehicles (NSE:TMPV) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Motors Passenger Vehicles stock appears to be overvalued. The current stock price of ₹349.70 is trading 5% above its estimated GF Value™ of ₹333.08. GuruFocus considers Tata Motors Passenger Vehicles to be Fairly Valued.

Key valuation signals for NSE:TMPV:

  • Inventory Turnover: 1.33
  • GF Value™: ₹333.08 vs. price of ₹349.70 (5% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Tata Motors Passenger Vehicles Business Description

Other Exchanges 500570:India
Address 24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400001
Tata Motors Passenger Vehicles Ltd Formerly Tata Motors Ltd designs, manufactures and sells a wide range of automotive vehicles and provides information technology services. The company also manufactures engines for industrial applications. Its operating segments include Automotive and Others. It mainly operates in the automotive business. The automotive business includes all activities relating to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts, accessories and services. The Automotive segment consists of three reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles and Jaguar Land Rover of which majority of revenue comes from Jaguar Land Rover. It has majority of sales from India followed by United States, UK, etc.
69GF Score

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

₹349.70
Price
₹333.08
GF Value