Ecoboard Industries (BOM:523732) Days Inventory: 205.67 (As of Mar. 2026) — 40% 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:523732 Ecoboard Industries Ltd BOM:523732
34 GF Score
Price ₹53.53
GF Value ₹20.56
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ecoboard Industries Days Inventory?

Ecoboard Industries BOM:523732 +1.88% 34 Days Inventory is 205.67 as of Mar. 2026, which is 40% below its 10-year median of 341.79. GuruFocus rates BOM:523732 with a GF Score™ of 34/100 and a GF Value™ of ₹20.56 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 270 Forest Products companies, Ecoboard Industries ranks worse than 86.3% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ecoboard Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹112.8 Mil. Ecoboard Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹50.1 Mil. Hence, Ecoboard Industries's Days Inventory for the three months ended in Mar. 2026 was 205.67.

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

BOM:523732' s Days Inventory Range Over the Past 10 Years
Min: 213.1   Med: 341.79   Max: 682.61
Current: 213.1

During the past 13 years, Ecoboard Industries's highest Days Inventory was 682.61. The lowest was 213.10. And the median was 341.79.

BOM:523732's Days Inventory is ranked worse than
86.3% of 270 companies
in the Forest Products industry
Industry Median: 89.475 vs BOM:523732: 213.10

Ecoboard Industries's Days Inventory declined from Mar. 2025 (368.18) to Mar. 2026 (205.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecoboard Industries's Inventory Turnover for the three months ended in Mar. 2026 was 0.44.

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. Ecoboard Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.43.


Ecoboard Industries  (BOM:523732) 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.

Ecoboard Industries'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.

Ecoboard Industries'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.


Ecoboard Industries Days Inventory Related Terms


Ecoboard Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Ecoboard Industries'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.

Ecoboard Industries Days Inventory Chart

Ecoboard Industries 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 240.56 227.69 226.53 432.82 248.17

Ecoboard Industries 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 368.18 710.83 123.58 138.66 205.67

BOM:523732 vs SSD, UFPI, BCC: Days Inventory Comparison

For the Lumber & Wood Production subindustry, Ecoboard Industries'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.


Ecoboard Industries Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecoboard Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ecoboard Industries's Days Inventory falls into.


BOM:523732
34GF Score
Ecoboard Industries Ltd BOM:523732
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecoboard Industries Days Inventory Calculation

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

Ecoboard Industries'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
=( (60.886 + 112.843) / 2 ) / 127.757*365
=86.8645 / 127.757*365
=248.17

Ecoboard Industries'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 + 112.843) / 1 ) / 50.066*365 / 4
=112.843 / 50.066*365 / 4
=205.67

* 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 205.67 mean?
Ecoboard Industries (BOM:523732) has a Days Inventory of 205.67 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ecoboard Industries and its competitors. This is 40% below median its historical median of 341.79. Over the past decade, Ecoboard Industries' Days Inventory has ranged from 213.10 to 682.61. According to the industry distribution chart, Ecoboard Industries ranks #233 out of 270 companies in the Forest Products industry, placing it in the top 86.3%.
Is Ecoboard Industries' Days Inventory too high?
Ecoboard Industries' current Days Inventory of 205.67 is 40% below median its 10-year median of 341.79. Over the past 10 years, this metric has ranged from a low of 213.10 to a high of 682.61. The Forest Products industry median Days Inventory is 89.48. Ecoboard Industries' value of 205.67 is 129.9% above this industry median. Based on the distribution chart, Ecoboard Industries ranks #233 out of 270 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Ecoboard Industries has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecoboard Industries' Days Inventory compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Ecoboard Industries ranks #233 out of 270 companies for Days Inventory. This places Ecoboard Industries in the lower half of its industry. The industry median Days Inventory is 89.48. Ecoboard Industries' value of 205.67 is 129.9% above this benchmark. Historically, Ecoboard Industries' own Days Inventory has ranged from 213.10 to 682.61 over the past decade. While the company's 10-year median is 341.79 vs. the industry median of 89.48, Ecoboard Industries 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 Forest Products company?
The median Days Inventory among Forest Products companies is 89.48, based on 270 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. Ecoboard Industries's current Days Inventory of 205.67 is 129.9% 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 Ecoboard Industries and its competitors. For the Forest Products industry, the median Days Inventory is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoboard Industries's current Days Inventory is 205.67, which is 40% below median its own 10-year median of 341.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoboard Industries stock overvalued right now?
Based on GuruFocus' analysis, Ecoboard Industries (BOM:523732) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.56, compared to a current price of ₹53.53 — trading 160.4% above its estimated fair value. The current Days Inventory is 205.67, which is 40% below median its 10-year median of 341.79 and 129.9% above the Forest Products industry median of 89.48. Ecoboard Industries' overall GF Score™ is 34/100 with 4 warning signs to review. 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 Ecoboard Industries (BOM:523732), the current Days Inventory is 205.67 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 Ecoboard Industries (BOM:523732) Overvalued in 2026?

Based on GuruFocus' analysis, Ecoboard Industries stock appears to be overvalued. The current stock price of ₹53.53 is trading 160.4% above its estimated GF Value™ of ₹20.56. GuruFocus considers Ecoboard Industries to be Significantly Overvalued.

Key valuation signals for BOM:523732:

  • Days Inventory: 205.67 (40% below median its 10-year median of 341.79)
  • GF Value™: ₹20.56 vs. price of ₹53.53 (160.4% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 129.9% above the Forest Products median (#233 of 270)

No single metric tells the full story. See the BOM:523732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ecoboard Industries Business Description

Address Karve Road, 65/1A, Ecohouse, Akarshak Building, Opposite Nal Stop, Pune, MH, IND, 411004
Ecoboard Industries Ltd manufactures and sells laminated particle boards in India. It has two business divisions: EcoBuild and EcoEnergy. The company's EcoBuild division is engaged in providing particle boards made from agri-residues mainly bagasse which have application in internal walls, internal ceilings, doors, structural flooring, shelves, etc. Its EcoEnergy division is engaged in providing clean energy solutions through wastewater treatment plants for distilleries and other industries. The company's particle boards are marketed under the brand name of Ecoboard. The firm has the following reportable segments; the Eco Energy (Bio Systems) segment which derives maximum revenue, and the Eco Build (Particle Boards) segment.
34GF Score

Get the complete analysis for BOM:523732

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

₹53.53
Price
₹20.56
GF Value