Apis India (BOM:506166) Days Inventory: 140.69 (As of Mar. 2026) — 12% Below Median

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:506166 Apis India Ltd BOM:506166
63 GF Score
Price ₹53.47
GF Value ₹13.05
Valuation Significantly Overvalued
View Full Analysis

What is Apis India Days Inventory?

Apis India BOM:506166 -0.22% 63 Days Inventory is 140.69 as of Mar. 2026, which is 12% below its 10-year median of 159.67. GuruFocus rates BOM:506166 with a GF Score™ of 63/100 and a GF Value™ of ₹13.05 (Significantly Overvalued). Among 1,872 Consumer Packaged Goods companies, Apis India ranks worse than 64.48% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Apis India's Average Total Inventories for the three months ended in Mar. 2026 was ₹813 Mil. Apis India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹528 Mil. Hence, Apis India's Days Inventory for the three months ended in Mar. 2026 was 140.69.

The historical rank and industry rank for Apis India's Days Inventory or its related term are showing as below:

BOM:506166' s Days Inventory Range Over the Past 10 Years
Min: 107.72   Med: 159.67   Max: 245.58
Current: 108.38

During the past 13 years, Apis India's highest Days Inventory was 245.58. The lowest was 107.72. And the median was 159.67.

BOM:506166's Days Inventory is ranked worse than
64.48% of 1872 companies
in the Consumer Packaged Goods industry
Industry Median: 82.945 vs BOM:506166: 108.38

Apis India's Days Inventory increased from Mar. 2025 (129.86) to Mar. 2026 (140.69). It might indicate that Apis India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apis India's Inventory Turnover for the three months ended in Mar. 2026 was 0.65.

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. Apis India's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.83.


Apis India  (BOM:506166) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Apis India's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

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.

Apis India's Inventory to Revenue for the three months 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Apis India Days Inventory Related Terms


Apis India Days Inventory Historical Data

* Premium members only.

The historical data trend for Apis India's Days Inventory 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.

Apis India Days Inventory Chart

Apis India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.08 153.87 165.46 142.11 123.83

Apis India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory 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 129.86 122.99 92.70 75.69 140.69

BOM:506166 vs KHC, GIS: Days Inventory Comparison

For the Packaged Foods subindustry, Apis India's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apis India Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apis India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Apis India's Days Inventory falls into.


BOM:506166
63GF Score
Apis India Ltd BOM:506166
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apis India Days Inventory Calculation

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

Apis India's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (786.502 + 813.451) / 2 ) / 2358.022*365
=799.9765 / 2358.022*365
=123.83

Apis India's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 813.451) / 1 ) / 527.586*365 / 4
=813.451 / 527.586*365 / 4
=140.69

* 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 Days Inventory →
What does a Days Inventory of 140.69 mean?
Apis India (BOM:506166) has a Days Inventory of 140.69 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Apis India and its competitors. This is 12% below median its historical median of 159.67. Over the past decade, Apis India's Days Inventory has ranged from 107.72 to 245.58. According to the industry distribution chart, Apis India ranks #1207 out of 1872 companies in the Consumer Packaged Goods industry, placing it in the top 64.5%.
Is Apis India's Days Inventory too high?
Apis India's current Days Inventory of 140.69 is 12% below median its 10-year median of 159.67. Over the past 10 years, this metric has ranged from a low of 107.72 to a high of 245.58. The Consumer Packaged Goods industry median Days Inventory is 82.95. Apis India's value of 140.69 is 69.6% above this industry median. Based on the distribution chart, Apis India ranks #1207 out of 1872 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Apis India has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apis India's Days Inventory compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Apis India ranks #1207 out of 1872 companies for Days Inventory. This places Apis India in the lower half of its industry. The industry median Days Inventory is 82.95. Apis India's value of 140.69 is 69.6% above this benchmark. Historically, Apis India's own Days Inventory has ranged from 107.72 to 245.58 over the past decade. While the company's 10-year median is 159.67 vs. the industry median of 82.95, Apis India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.95, based on 1,872 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apis India's current Days Inventory of 140.69 is 69.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Apis India and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apis India's current Days Inventory is 140.69, which is 12% below median its own 10-year median of 159.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apis India stock overvalued right now?
Based on GuruFocus' analysis, Apis India (BOM:506166) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.05, compared to a current price of ₹53.47 — trading 309.7% above its estimated fair value. The current Days Inventory is 140.69, which is 12% below median its 10-year median of 159.67 and 69.6% above the Consumer Packaged Goods industry median of 82.95. Apis India's overall GF Score™ is 63/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Apis India (BOM:506166), the current Days Inventory is 140.69 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 Apis India (BOM:506166) Overvalued in 2026?

Based on GuruFocus' analysis, Apis India stock appears to be overvalued. The current stock price of ₹53.47 is trading 309.7% above its estimated GF Value™ of ₹13.05. GuruFocus considers Apis India to be Significantly Overvalued.

Key valuation signals for BOM:506166:

  • Days Inventory: 140.69 (12% below median its 10-year median of 159.67)
  • GF Value™: ₹13.05 vs. price of ₹53.47 (309.7% above fair value)
  • GF Score™: 63/100
  • Industry Position: 69.6% above the Consumer Packaged Goods median (#1207 of 1872)

No single metric tells the full story. See the BOM:506166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apis India Business Description

Address 18/32, East Patel Nagar, New Delhi, IND, 110 008
Apis India Ltd is a honey manufacturing company. The company has in-house facilities for testing, lab, processing, and filtration of honey. The company's product profile consists of Dates, Green tea, Honey, Pickles and Jam, among others. The company sells its products in India and also exports them to other countries, of which key income is earned in India.
63GF Score

Get the complete analysis for BOM:506166

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

₹53.47
Price
₹13.05
GF Value