Sky Industries (BOM:526479) Days Inventory: 169.80 (As of Mar. 2026) — 32% Above 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:526479 Sky Industries Ltd BOM:526479
70 GF Score
Price ₹96.38
GF Value ₹94.46
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Sky Industries Days Inventory?

Sky Industries BOM:526479 -5.57% 70 Days Inventory is 169.80 as of Mar. 2026, which is 32% above its 10-year median of 128.45. GuruFocus rates BOM:526479 with a GF Score™ of 70/100 and a GF Value™ of ₹94.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,006 Manufacturing - Apparel & Accessories companies, Sky Industries ranks worse than 55.17% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Sky Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹215.8 Mil. Sky Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹116.0 Mil. Hence, Sky Industries's Days Inventory for the three months ended in Mar. 2026 was 169.80.

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

BOM:526479' s Days Inventory Range Over the Past 10 Years
Min: 92.16   Med: 128.45   Max: 148
Current: 146.1

During the past 13 years, Sky Industries's highest Days Inventory was 148.00. The lowest was 92.16. And the median was 128.45.

BOM:526479's Days Inventory is ranked worse than
55.17% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.7 vs BOM:526479: 146.10

Sky Industries's Days Inventory declined from Mar. 2025 (178.56) to Mar. 2026 (169.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sky Industries's Inventory Turnover for the three months ended in Mar. 2026 was 0.54.

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. Sky Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.02.


Sky Industries  (BOM:526479) 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.

Sky 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.

Sky 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.


Sky Industries Days Inventory Related Terms


Sky Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Sky 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.

Sky Industries Days Inventory Chart

Sky 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 124.35 136.59 135.42 139.70 148.00

Sky 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 178.56 162.04 106.95 140.08 169.80

Sky Industries Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Sky 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.


Sky Industries Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sky Industries's Days Inventory distribution charts can be found below:

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


BOM:526479
70GF Score
Sky Industries Ltd BOM:526479
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sky Industries Days Inventory Calculation

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

Sky 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
=( (219.311 + 215.811) / 2 ) / 536.561*365
=217.561 / 536.561*365
=148.00

Sky 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 + 215.811) / 1 ) / 115.978*365 / 4
=215.811 / 115.978*365 / 4
=169.80

* 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 169.80 mean?
Sky Industries (BOM:526479) has a Days Inventory of 169.80 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sky Industries and its competitors. This is 32% above median its historical median of 128.45. Over the past decade, Sky Industries' Days Inventory has ranged from 92.16 to 148.00. According to the industry distribution chart, Sky Industries ranks #555 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.2%.
Is Sky Industries' Days Inventory too high?
Sky Industries' current Days Inventory of 169.80 is 32% above median its 10-year median of 128.45. Over the past 10 years, this metric has ranged from a low of 92.16 to a high of 148.00. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.70. Sky Industries' value of 169.80 is 28% above this industry median. Based on the distribution chart, Sky Industries ranks #555 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sky Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sky Industries' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sky Industries ranks #555 out of 1006 companies for Days Inventory. This places Sky Industries in the lower half of its industry. The industry median Days Inventory is 132.70. Sky Industries' value of 169.80 is 28% above this benchmark. Historically, Sky Industries' own Days Inventory has ranged from 92.16 to 148.00 over the past decade. While the company's 10-year median is 128.45 vs. the industry median of 132.70, Sky 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.70, based on 1,006 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. Sky Industries's current Days Inventory of 169.80 is 28% 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 Sky Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Industries's current Days Inventory is 169.80, which is 32% above median its own 10-year median of 128.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Industries stock overvalued right now?
Based on GuruFocus' analysis, Sky Industries (BOM:526479) is currently considered Fairly Valued. The stock's GF Value™ is ₹94.46, compared to a current price of ₹96.38 — trading 2% above its estimated fair value. The current Days Inventory is 169.80, which is 32% above median its 10-year median of 128.45 and 28% above the Manufacturing - Apparel & Accessories industry median of 132.70. Sky Industries' overall GF Score™ is 70/100 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 Sky Industries (BOM:526479), the current Days Inventory is 169.80 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 Sky Industries (BOM:526479) Overvalued in 2026?

Based on GuruFocus' analysis, Sky Industries stock appears to be overvalued. The current stock price of ₹96.38 is trading 2% above its estimated GF Value™ of ₹94.46. GuruFocus considers Sky Industries to be Fairly Valued.

Key valuation signals for BOM:526479:

  • Days Inventory: 169.80 (32% above median its 10-year median of 128.45)
  • GF Value™: ₹94.46 vs. price of ₹96.38 (2% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 28% above the Manufacturing - Apparel & Accessories median (#555 of 1006)

No single metric tells the full story. See the BOM:526479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sky Industries Business Description

Address Ghatkopar Mankhurd Link Road, 1101, Universal Majestic, Chedda Nagar, Behind RBK International School, Chembur West, Mumbai, MH, IND, 400 043
Sky Industries Ltd is a manufacturer and supplier of narrow woven fabrics. Its only operating segment is Fastening Solutions. The product range comprises various types of hook and loop fasteners, Value added products, velvet, neoprene, elastic, and other customized products. It serves industries like Infant wear, Orthopaedic, Footwear, Automotive, Defense, Apparel, Packaging, and many more. The company operates in Domestic and International segment, with majority of revenue from India itself.
70GF Score

Get the complete analysis for BOM:526479

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

₹96.38
Price
₹94.46
GF Value