Nikhil Adhesives (BOM:526159) Days Inventory: 40.47 (As of Mar. 2026) — Near Median

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BOM:526159 Nikhil Adhesives Ltd BOM:526159
66 GF Score
Price ₹74.07
GF Value ₹100.32
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nikhil Adhesives Days Inventory?

Nikhil Adhesives BOM:526159 -2.00% 66 Days Inventory is 40.47 as of Mar. 2026, which is 5% below its 10-year median of 42.72. GuruFocus rates BOM:526159 with a GF Score™ of 66/100 and a GF Value™ of ₹100.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,542 Chemicals companies, Nikhil Adhesives ranks better than 67.51% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nikhil Adhesives's Average Total Inventories for the three months ended in Mar. 2026 was ₹543 Mil. Nikhil Adhesives's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,224 Mil. Hence, Nikhil Adhesives's Days Inventory for the three months ended in Mar. 2026 was 40.47.

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

BOM:526159' s Days Inventory Range Over the Past 10 Years
Min: 34.29   Med: 42.72   Max: 64.98
Current: 60.68

During the past 13 years, Nikhil Adhesives's highest Days Inventory was 64.98. The lowest was 34.29. And the median was 42.72.

BOM:526159's Days Inventory is ranked better than
67.51% of 1542 companies
in the Chemicals industry
Industry Median: 80.53 vs BOM:526159: 60.68

Nikhil Adhesives's Days Inventory declined from Mar. 2025 (73.66) to Mar. 2026 (40.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nikhil Adhesives's Inventory Turnover for the three months ended in Mar. 2026 was 2.25.

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. Nikhil Adhesives's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.33.


Nikhil Adhesives  (BOM:526159) 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.

Nikhil Adhesives'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.

Nikhil Adhesives'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.


Nikhil Adhesives Days Inventory Related Terms


Nikhil Adhesives Days Inventory Historical Data

* Premium members only.

The historical data trend for Nikhil Adhesives'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.

Nikhil Adhesives Days Inventory Chart

Nikhil Adhesives 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 37.82 46.08 63.05 64.98 62.83

Nikhil Adhesives 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 73.66 87.07 59.63 57.66 40.47

BOM:526159 vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, Nikhil Adhesives'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.


Nikhil Adhesives Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nikhil Adhesives's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nikhil Adhesives's Days Inventory falls into.


BOM:526159
66GF Score
Nikhil Adhesives Ltd BOM:526159
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikhil Adhesives Days Inventory Calculation

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

Nikhil Adhesives'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
=( (880.974 + 542.827) / 2 ) / 4135.405*365
=711.9005 / 4135.405*365
=62.83

Nikhil Adhesives'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 + 542.827) / 1 ) / 1223.952*365 / 4
=542.827 / 1223.952*365 / 4
=40.47

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 40.47 mean?
Nikhil Adhesives (BOM:526159) has a Days Inventory of 40.47 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nikhil Adhesives and its competitors. This is near median its historical median of 42.72. Over the past decade, Nikhil Adhesives' Days Inventory has ranged from 34.29 to 64.98. According to the industry distribution chart, Nikhil Adhesives ranks #501 out of 1542 companies in the Chemicals industry, placing it in the top 32.5%.
Is Nikhil Adhesives' Days Inventory too high?
Nikhil Adhesives' current Days Inventory of 40.47 is near median its 10-year median of 42.72. Over the past 10 years, this metric has ranged from a low of 34.29 to a high of 64.98. The Chemicals industry median Days Inventory is 80.53. Nikhil Adhesives' value of 40.47 is 49.7% below this industry median. Based on the distribution chart, Nikhil Adhesives ranks #501 out of 1542 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nikhil Adhesives has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nikhil Adhesives' Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nikhil Adhesives ranks #501 out of 1542 companies for Days Inventory. This puts Nikhil Adhesives in the upper half of its industry. The industry median Days Inventory is 80.53. Nikhil Adhesives' value of 40.47 is 49.7% below this benchmark. Historically, Nikhil Adhesives' own Days Inventory has ranged from 34.29 to 64.98 over the past decade. While the company's 10-year median is 42.72 vs. the industry median of 80.53, Nikhil Adhesives has consistently been below 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.53, based on 1,542 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. Nikhil Adhesives's current Days Inventory of 40.47 is 49.7% below 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 Nikhil Adhesives and its competitors. For the Chemicals industry, the median Days Inventory is 80.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikhil Adhesives's current Days Inventory is 40.47, which is near median its own 10-year median of 42.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikhil Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Nikhil Adhesives (BOM:526159) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹100.32, compared to a current price of ₹74.07 — trading 26.2% below its estimated fair value. The current Days Inventory is 40.47, which is near median its 10-year median of 42.72 and 49.7% below the Chemicals industry median of 80.53. Nikhil Adhesives' overall GF Score™ is 66/100 with 3 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 Nikhil Adhesives (BOM:526159), the current Days Inventory is 40.47 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 Nikhil Adhesives (BOM:526159) Overvalued in 2026?

Based on GuruFocus' analysis, Nikhil Adhesives stock appears to be undervalued. The current stock price of ₹74.07 is trading 26.2% below its estimated GF Value™ of ₹100.32. GuruFocus considers Nikhil Adhesives to be Modestly Undervalued.

Key valuation signals for BOM:526159:

  • Days Inventory: 40.47 (near median its 10-year median of 42.72)
  • GF Value™: ₹100.32 vs. price of ₹74.07 (26.2% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 49.7% below the Chemicals median (#501 of 1542)

No single metric tells the full story. See the BOM:526159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikhil Adhesives Business Description

Address Sahar Road, Kaledonia HDIL Building, 902, 9th Floor, A-Wing, Opposite D-Mart, Andheri (East), Mumbai, MH, IND, 400069
Nikhil Adhesives Ltd is an India-based company engaged in the manufacturing and trading of polymer emulsions and adhesives. The products of the company include paint emulsions, textile emulsions, construction chemicals, and adhesives. The brands of the company are Mahacol, Emdicryl, Mahafix, Emdilith, Emditex, and Emdibind. The company operates in two business segments namely, Manufacturing of Adhesives and emulsions, which is the key revenue generator; and Trading in chemicals segment.
66GF Score

Get the complete analysis for BOM:526159

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

₹74.07
Price
₹100.32
GF Value